Nigeria’s Crypto Craze: These 3 Altcoins Are Dominating the Market in June 2025
Nigeria's crypto scene is heating up—and these three altcoins are stealing the spotlight. Forget the usual suspects; traders are flipping portfolios for fresh momentum plays.
Here’s what’s pumping:
1. The DeFi Dark Horse: One under-the-radar token’s surging 30% this week—thanks to a Nigerian exchange listing that caught even whales off guard.
2. The Meme Coin Mutiny: A Solana-based joke token somehow became a serious 7-figure trade. Local Telegram groups call it ‘the people’s leverage’—for better or worse.
3. The Regulatory Dodge: A privacy coin spiking as Abuja tightens KYC rules. Because nothing fuels adoption like bureaucrats fumbling with spreadsheets.
Smart money? Dumb money? In Lagos’ crypto markets this week, the only difference is who cashes out first. Just don’t mention the Naira’s inflation rate—we’re here to make gains, not cry about them.
Notcoin (NOT)
Telegram-linked altcoin NOT is one of the most searched assets in Nigeria today. At press time, the token trades at $0.0019, down 1% over the past day.
During this period, NOT’s trading volume has declined by over 30%, showing a notable drop in market demand, even as the broader crypto market attempts a modest recovery.
A simultaneous decrease in an asset’s price and trading volume signals waning interest or consolidation. It suggests that buyers are stepping back, and momentum is fading.
If this continues, the altcoin risks plunging toward $0.0018.
On the other hand, if buying pressure rises, the token’s price could climb to $0.0021.
Hamster Kombat (HMSTR)
Since peaking at an intraday high of $0.0025 on June 9, HMSTR, one of the altcoins trending in Nigeria today, has lost 60% of its value. At press time, the meme coin trades at $0.00080, down 2% over the past day.
On the daily chart, the token’s BBTrend confirms the bearish trend. Since May 30, this momentum indicator has posted only red histogram bars, highlighting the prolonged sell-side pressure. At press time, it stands at -24.82.
The BBTrend measures the strength and direction of a trend based on the expansion and contraction of Bollinger Bands.
When it returns red bars, it signals strong bearish momentum, indicating that the price is consistently closing NEAR or below the lower Bollinger Band. This suggests sustained downward pressure and a lack of bullish reversal signals in the short term for HMSTR.
In this case, its price could fall to revisit its all-time low of $0.00076.
However, if HMSTR sees a surge in demand, it could rebound toward $0.00094.
Zen AI (ZENAI)
ZENAI is another altcoin trending in Nigeria today. Down 27%, it exchanges hands at $0.0013 at the time of writing.
The ZENAI token, which launched on June 3, 2025, through Pump.fun, captured market attention as its holder count and trading volume surged. By June 8, it had soared to an all-time high of $0.00042.
However, following the rally, a wave of profit-taking triggered a sharp correction, with the token now down more than 60% from its peak.
If selloffs continue, ZENAI could drop to $0.000093.
Conversely, if the market sentiments shift and demand rises, the token’s value could climb to $0.0016.
