Minutes ago, Minister Vedat Işıkhan announced that next year’s minimum wage will be increased by 27 percent. Today, as every year, we will look at how much cryptocurrency can be purchased with the new minimum wage.
Minimum Wage Announced
Although we have seen inflation consistently above 30% this year at minimum wage For the new year, the increase remained at 27%. Although December inflation figures are not yet available, November inflation was over 31%. Moreover, even though inflation was 47% last year, we saw a 30% increase. This shows that the wage base in Türkiye is being crushed by inflation from year to year. Based on expectations for the next year inflation and failed targets caused the basic wage to be crushed.
Even during the bargaining process in 2024, Türk-İş demanded a wage of 29,583 TL, but 22,104 TL was announced. Even more interestingly, the minimum wage in 2026 will be 28,075 TL, meaning even the 2026 figure was below last year’s requested figure. According to the calculations of Türk-İş, the hunger line increased to 29 thousand 828 TL and the poverty line increased to 97 thousand 159 TL in November.
How Many BTC, ETH, XRP Can Be Purchased with the 2026 Minimum Wage?
With the minimum wage of 17,002 TL in 2024, investors could buy 0.01347 BTC, 0.2519 ETH and 919 XRP. When the 2025 minimum wage was announced, that is, last year, it was 0.006357 BTC0.1784 ETH and 267.6 XRP could be taken. Today, the table is as follows;
Up to 1 minimum wage in 2024 XRP Coin Someone who bought it today has approximately 73,000 TL. The amount that can be purchased for ETH and BTC has increased according to current prices. During the rise at the end of last year, BTC and altcoins made good gains and the calculations of that day were at peak prices. If 2025 bottom levels are taken as a basis, more purchases can be made with minimum wage, but since we compare next year’s wages with end-December prices every year, we did the same this year.
Considering that the average rents for Istanbul are close to the minimum wage level, minimum wage earners do not have much of a budget for investment. Let’s hope that in the future we will see days when wages are better and everyone can invest.
