Traders in Nigeria are expanding their focus beyond traditional cryptocurrencies like Bitcoin and Ethereum, increasingly investing in altcoins such as SAND, AURA, and TAO, as emphasized by Ayotunde Alabi from Luno Nigeria amid widespread crypto market volatility.
Driven by speculation in decentralized finance (DeFi), the AURA token has surged over 19,000%. Despite the rise of altcoins, stablecoins remain a stronghold in the market, making up over 40% of Nigeria’s tiền số inflows.
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