Nigeria becomes the most crypto-obsessed nation after April crash

According to CoinGecko research, there is a significant rise in curiosity among Nigerians after the crypto market downturn in April. The Nigerian population searched the term “cryptocurrency,” “invest in crypto” and “buy crypto” the most among the 15 countries that were part of the research.

Nigeria’s growing interest in crypto is fueled by inadequate financial services in the country, something that has been a key reason for crypto adoption across Africa. Nearly 17.36 million, or 52% of Nigerian crypto investors, have allocated over half of their assets to cryptocurrencies.