Is Doge so stealthy? The global economy is still struggling to come out of the stiff shackles posed by many reasons in recent times, including the Russian invasion of Ukraine, the slowdown in China, and the aftermath problems of the COVID pandemic, to name a few.
The soaring inflation and consistent pressure of rising fuel, food, and fertilizer prices have not just put cost-of-living in many countries unbearable for their residents but also made them look out for opportunities to save their savings from diminishing.
From what was once deemed a niche investment, cryptocurrency has now become one of the top alternative investment opportunities for many investors worldwide. The Turks are not an exception to this trend. Per the official report, Turkey’s inflation has broken its 25-year-old record and rose to 85.51% last month.
Due to such enormous inflation and a nearly 50% loss in Lira’s value,…
