Nigerian traders are moving beyond Bitcoin and Ethereum, looking towards altcoins like SAND, AURA, and TAO. Ayotunde Alabi from Luno Nigeria emphasizes this trend amidst broader crypto market volatility.
The AURA token has observed an incredible surge of over 19,000%, driven by speculation particularly in decentralized finance (DeFi). Despite the popularity of altcoins, stablecoins clung strongly to the market, making up over 40% of Nigeria’s crypto inflows.
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