I’ve never seen such bullish sentiment for Litecoin. Ever.
After a multi year accumulation period, supply shock is in play and a violent breakout is definitely underway. 👀
Litecoin’s Fair Value sits at $2,904 per coin. 🪙
All systems are go, hang on tight! 🚀
Litecoin is the elephant in the room.
Litecoin, the cryptocurrency referred to as the silver to Bitcoin’s gold, has established itself as the standard for reliability within the crypto space.
Litecoin boasts 100% uptime since its launch in 2011, a task few cryptos have managed to accomplish. It is currently the world’s longest-running blockchain with zero downtime. Over the years, users have sought Litecoin out due to its reliability and ability to simply function as intended.
For a monetary network built to withstand global adoption, this is essential — and a task few cryptos are able to accomplish.
Litecoin maintains most of Bitcoin’s sleek architecture but has quicker block processing times. Both coins have halvings every four years, creating a natural form of scarcity over time. Both dominate their mining algorithm, meaning strong security. However, Litecoin is uniquely merge-mined with Dogecoin, creating an opportunity for miners to make more money from mining LTC/DOGE together rather than Bitcoin alone.
Dogecoin’s infinite supply also means that, down the road, miners will continue to protect the Litecoin network as LTC transitions to a fee-based system. In a sense, Litecoin and Dogecoin protect each other’s networks by practically being merged at the hip. Bitcoin, unfortunately, does not have this advantage and relies only on itself.
Over the years, thanks to Litecoin’s higher transaction output design, transaction fees have remained extremely cheap. It’s common for multi-million-dollar transactions to cost a penny or less to send. Because of this, a monetary shift has been occurring from Bitcoin to Litecoin.
In recent years, Bitcoin has been forced into the store-of-value narrative due to its low transaction output. Satoshi Nakamoto, Bitcoin’s creator, did not envision a future where Bitcoin would be this popular. His whitepaper states “Bitcoin: a peer-to-peer currency,” but nowadays, most Bitcoin leading figures are encouraging Bitcoin to be an asset you “hold and don’t use.”
Therefore, Litecoin has been taking the role of being the money you can actually use and hold.
Over the past decade, Litecoin user metrics have been closing the gap against Bitcoin. Popular payment processing companies such as BitPay are stating that Litecoin is the most-used coin on their platform. Others such as Bitrefill, CoinGate, etc., have shared similar data — Litecoin is one of the most-used coins in the entire crypto space.
Why? It’s built a strong network effect since 2011. It’s considered one of the most respected coins in the space and has simply been reliable.
Although price hasn’t increased as much as Bitcoin in recent years, usage definitely has.
Litecoin has been considered an institutional favorite, being the second commodity crypto after Bitcoin, and is gaining a position in more portfolios. MEI Pharma just recently announced a 100-million dollar Litecoin treasury purchase, with an option for 100 million more. There are rumors of more companies working on adding Litecoin to their holdings.
The Litecoin network has simply continued to grow. Price has been stable and is still far below its previous all-time high. Do growing networks and stable prices last for long? That’s the million-dollar question.
@sigacristovive Se fosse tão simples ter uma vida errada e depois chega e pedi perdão a Deus, qual seria a moral de ser um servo de Deus temente a Deus? Não acho q seja tão simples assim
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1st OG Spaceship NFT Auction is Over🚀Congratulations!🎉
Through an intense auction, the owners of the 10 alpha OG Spaceships NFT have finally been determined!
Stay tuned for upcoming announcements regarding the beta and charlie OG Spaceship Auctions! 📣
Test Auction #2 is now LIVE!
Win at Bid and grab the Test Auction Winner Badge!
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📅2024.04.23 05:00AM UTC ~ 2024.04.26 05:00AM UTC
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GOMBLE raised $10M funding in total.
We firmly believe in the power of collaboration and community in game development.
GOMBLE has secured a total of $10 million in cumulative funding, with recent participation from notable global venture capital firms such as @TheSpartanGroup@hashed_official@IOSGVC@ForesightVen@BigBrainVC and many more. This adds to the initial round from 2023, which had participation from @BinanceLabs@animocabrands@altosvc@shimacapital and others.
Sorry, there were so many that we couldn’t tag them all…😅
Ready to go even higher! Let’s $G! 🚀
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OG Spaceship🚀 is almost ready to launch!
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Test Auction is going live!
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If you win - you win a special Test Auction Winner NFT badge.
For all participants, more bids – better rewards.
Bid here 👉 https://t.co/vb4jD9Ondf
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