Nigeria’s Securities and Exchange Commission (SEC) has introduced a simplified registration process for Virtual Asset Service Providers (VASPs). This move is expected to help Nigeria establish an updated regulatory framework that effectively addresses the changing complexities of the cryptocurrency market.
Consequently, there has been a surge in interest in altcoins, with NEAR Protocol (NEAR), Litecoin (LTC), and Angry Pepe Fork (APORK) attracting the most attention. This article aims to determine the most promising cryptocurrency for investment.
NEAR Protocol has entered into a strategic partnership with Inspect, which is expected to fuel its growth to over $10. This collaboration will not only provide data but will also integrate an infrastructure layer to enhance accessibility and user interactions within the Web3 ecosystem. As a result, the price of NEAR Protocol has risen, and the price prediction suggests it could reach $11.22 by the fourth quarter of 2024, making it a compelling choice for investors.
Litecoin (LTC) has shown a bullish trend with the price nearing $80. Its Relative Strength Index (RSI) indicates that it is not overbought yet and could experience further upward movement. The Litecoin price prediction suggests that it could surpass $100 and reach a maximum value of $119.89, making it a lucrative opportunity for altcoin diversification.
Angry Pepe Fork (APORK) stands out as a unique cryptocurrency with its scarcity-driven model, encouraging long-term value. The “Conquer to Earn” program incentivizes community participation and offers rewards for staking the tokens across three tiers. With a capped total supply of 1.9 billion tokens, APORK is expected to appreciate in value, making it an attractive investment with a starting price of $0.014.
As Nigeria embraces crypto, it is expected that more altcoins will gain appeal among traders and investors. While NEAR Protocol and Litecoin offer diversification opportunities, the highest level of growth is anticipated for Angry Pepe Fork, driven by its user engagement focus, unique staking model, and capped supply. Investors are advised to conduct thorough research before making any investment decisions, as this article should not be considered investment advice.