Today, the global cryptocurrency market is showing initial signs of recovery, with major assets like Bitcoin and Ethereum experiencing a slight increase over the past 24 hours.
In Nigeria, retail interest is increasing as local traders actively search for and engage with emerging tokens on social media. Based on online engagement over the past 24 hours, here are the three most popular cryptocurrencies in the region.
Notcoin (NOT)
The Telegram-linked altcoin Notcoin is one of the most searched assets in Nigeria today. At the time of reporting, this token is trading at $0.0019, having declined 1% over the past day.
During this period, Notcoin's trading volume has decreased by over 30%, indicating a noticeable decline in market demand. This occurs as the cryptocurrency market attempts a slight recovery.
The simultaneous decrease in the asset's price and volume suggests a reduction in interest or a correction. This implies that buyers are retreating and momentum is weakening.
If this situation continues, the altcoin risks falling to $0.0018.
Conversely, if buying pressure increases, the token's price could rise to $0.0021.
Hamster Combat (HMSTR)
HMSTR, one of the trending altcoins in Nigeria today, has lost 60% of its value since reaching a daily high of $0.0025 on June 9th. At the time of reporting, this meme coin is trading at $0.00080, declining 2% over the past day.
The token's BBTrend on the daily chart confirms a downward trend. Since May 30th, this momentum indicator has only posted red histogram bars, emphasizing continuous selling pressure. At the time of reporting, it is located at -24.82.
BBTrend measures the strength and direction of a trend based on Bollinger Bands' expansion and contraction.
The return of red bars signals strong downward momentum, indicating that prices are consistently closing near or below the lower Bollinger Band. This suggests a lack of short-term reversal signals for HMSTR.
In this case, the price could revisit its all-time low of $0.00076.
However, if HMSTR experiences a surge in demand, it could rebound to $0.00094.
Zen AI (ZENAI)
ZENAI is another altcoin trending in Nigeria today. Having declined 27%, it is trading at $0.0013 at the time of writing.
The ZENAI token was launched through Pump.fun on June 3rd, 2025, attracting market attention as the number of holders and trading volume surged. It peaked at an all-time high of $0.00042 by June 8th.
However, after the rally, a wave of profit-taking triggered a sharp correction, with the token now down over 60% from its peak.
If selling continues, ZENAI could fall to $0.000093.
Conversely, if market sentiment changes and demand increases, the token's value could rise to $0.0016.
