In the second quarter of the year, Nigeria’s unemployment rate may rise from its current 33 percent as businesses grapple with unsustainable expenditures such as growing energy bills, a widening supply gap, and extra tax burdens, according to the Lagos Chamber of Commerce and Industry (LCCI).
Some people are still making billions outside of the labor sector by investing in cryptocurrencies. PLC Ultima (PLCU) was released in December 2021 for $0.10 per unit. Its price soared to $116,000 at one point.
It has since stabilized at roughly $90,000, which is still a fantastic return for a market that has experienced so much.
Here what you should know
PLCU is unique among cryptocurrencies in that it is not reliant on the cryptocurrency market or on bitcoin. When bitcoin falls, the entire market falls with it, but PLCU remains constant and even grows. PLCU attach the currency to the real economy rather than other crypto assets, and the real economy does not fluctuate like that.
Many different sorts of technologies are used here, including blockchain, minting, freezing, farms, and various platforms. To determine whether a PLCUs product is based on the suitable technology, it is necessary to examine each one separately. The fact that we are a small company sets us unique.
Since PLCU have issued their own debit cards that can be reloaded with our currency, as well as other crypto assets, the full power of our technology will be recognized later this year, around the end of the year, when our coin is listed on Binance.
PLCU has released debit cards that can be filled with both PLCU and other crypto assets including Bitcoin, USDT, Ether, and others. Fiat accounts, such as the Euro, Dollar, Yuan, Pound, and so on, are also available. There are almost no counterparties in the market for these products. To generate a real boom around PLCU, we now need to link these items to the real economy.
PLCU want to create a tool that ensures that every person has the ability to easily and affordably use cryptocurrency in everyday life.
The solution may take the form of a crypto-linked debit card or a bank account, a web application, or even some kind of smartphone application. We are working on many different solutions, and time will tell which one becomes the market leader, but the good news is that for now you may use all of them.