Top 3 Trending Altcoins in Nigeria: July 2025 Week 4

Market Overview

The cryptocurrency market experienced a notable pullback during the final week of July 2025, with Bitcoin trading within a tight consolidation range. Despite this cautious market sentiment, retail interest in Nigeria, one of Africa's most active crypto markets, remained resilient.

On-chain and social data reveal three altcoins that have captured Nigerian investors' attention: Bonk (BONK), Sui (SUI), and Pepe (PEPE). These digital assets have emerged as the top trending cryptocurrencies in Nigeria during this period.

BONK: Solana-Based Meme Coin Leads Nigerian Interest

Performance and Price Analysis

Bonk, a Solana-based meme coin, has become the most trending cryptocurrency asset in Nigeria this week. The token has experienced remarkable growth, surging over 150% in the past 30 days, demonstrating the renewed interest in meme coin investments.

According to market analysis, BONK's popularity among Nigerian investors stems from its affordability and perceived upside potential. In a market where many established cryptocurrencies appear overbought, low-cost tokens like BONK provide speculative traders with accessible entry points.

Current Market Position

BONK currently trades at $0.00003, marking a 7% increase in the past 24 hours. Technical analysis suggests that sustained buying pressure could drive the token toward $0.000038. A successful breach of this resistance level might propel BONK to reclaim its year-to-date high of $0.000040.

However, if demand weakens, the token's price could decline to $0.000034, presenting a potential support level for investors.

SUI: Layer-1 Blockchain Gains Nigerian Traction

Ecosystem Growth and Institutional Support

Sui, a layer-1 blockchain platform, has attracted significant attention from Nigerian traders this week. The cryptocurrency's resilience and rising visibility in Nigeria can be attributed to its expanding ecosystem and increasing institutional validation.

Major financial institutions, including Grayscale and VanEck, have backed SUI through new investment vehicles, drawing Nigerian investors' attention to its long-term potential. This institutional support has enhanced confidence in the network's fundamental value proposition.

Total Value Locked Growth

The increase in SUI's Total Value Locked (TVL) over the past month signals growing adoption and capital confidence in the network's infrastructure. Current data shows TVL standing at $2.148 billion, representing a 25% increase since the beginning of July.

This TVL uptick reflects increased market-wide participation and suggests that more users and developers are actively engaging with the Sui ecosystem, strengthening its position in the competitive blockchain landscape.

Price Outlook

SUI currently trades at $3.99. If network activity remains high, increased demand for SUI tokens could push the price toward $4.09. A break above this level might trigger a move to $4.29.

Conversely, if profit-taking continues, the token's value could decline to $3.68, establishing a potential support zone for investors.

PEPE: Meme Coin Revival Continues

Market Performance Despite Pullback

Despite experiencing a slight pullback over the past week, PEPE remains on Nigerian traders' radar. The token has benefited from the broader meme coin revival, recording gains of approximately 18% over the last 30 days.

The strong performance of established meme coins like Dogecoin, which gained roughly 30% in the same period, has helped renew market confidence in smaller meme coins like PEPE. This positive sentiment has contributed to sustained retail interest in Nigeria.

Technical Analysis and Price Targets

PEPE currently trades at $0.000012, showing a 5% uptick in the past 24 hours. If buy-side pressure strengthens, the meme coin's rally could reach $0.000014, representing a significant upside potential for investors.

However, if sellers regain market dominance, they could drive a downward trend to $0.0000107, establishing a key support level for the cryptocurrency.

Nigerian Crypto Market Dynamics

Retail Investment Trends

The continued interest in these three altcoins reflects broader retail investment trends in Nigeria's cryptocurrency market. Nigerian investors appear drawn to assets that offer:

• Low entry price points

• High growth potential

• Strong community support

• Technical innovation

Risk Considerations

While these altcoins have shown strong performance, investors should consider market volatility and conduct thorough research before making investment decisions. The cryptocurrency market remains subject to rapid changes, and past performance does not guarantee future results.

Conclusion

The final week of July 2025 has highlighted Nigeria's active participation in the global cryptocurrency market. Despite broader market consolidation, BONK, SUI, and PEPE have maintained strong retail interest among Nigerian investors.

BONK's impressive 150% monthly growth, SUI's expanding ecosystem with $2.148 billion TVL, and PEPE's participation in the meme coin revival demonstrate the diverse investment preferences within Nigeria's crypto community. These trends suggest continued engagement with alternative cryptocurrencies despite challenging market conditions.

Investors should monitor these developments closely and consider their risk tolerance when evaluating investment opportunities in the evolving cryptocurrency landscape.

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