Bonk (BONK) Gains Attention in Nigeria Amid Market Caution and Altcoin Trends
Main Idea
Bonk (BONK), Sui (SUI), and Pepe (PEPE) are gaining traction in Nigeria's crypto market, driven by affordability, institutional backing, and memecoin revival, respectively.
Key Points
1. Bonk (BONK), a Solana-based meme coin, surged over 150% in Nigeria due to its affordability and speculative appeal, currently trading at $0.00003.
2. Sui (SUI) has gained institutional support from Grayscale and VanEck, with its TVL rising 25% to $2.148 billion, reflecting strong network activity.
3. Pepe (PEPE) benefited from a memecoin revival, gaining 18% in 30 days, influenced by the performance of established memecoins like Dogecoin (DOGE).
4. BONK's price could reach $0.000040 if momentum continues, while SUI may test resistance at $4.09 and PEPE could rally to $0.000014 under favorable conditions.
5. Nigeria's crypto market shows resilience with BONK, SUI, and PEPE leading altcoin momentum amid broader market pullback.
Description
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