JUST IN: 🇺🇸 Publicly traded MEI Pharma launches $100 million $LTC treasury strategy.
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Keno
Of course, $PENDLE and $SYRUP are still leading smart money net flows across mid-caps.
Across all caps, only $PUMP managed to slip in between them.
Message is clear:
Conviction in fundamentally strong projects.
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Arya@羊姐社区
LTC's microstrategy fused $MEIP
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洛淼
What about the DEVs of the ether?
You don't open the market at this angle?
I've been waiting for a day, please hurry up, give you five minutes.
#SBR Bitcoin Reserve
#SER Ethereum Reserve
#SDR DOGE reserves
All of the above are there, and there is a difference in Litecoin reserves.
STRATEGIC LITECOIN RESERVE
#SLR Litecoin reserves---- come to a strength bank, hurry up and open it, I want P
方程式新闻 BWEnews 🏎️
Phoenix: MEI PHARMA LAUNCHES $100 MILLION LITECOIN TREASURY: LITECOIN BLOG
Phoenix: MEI PHARMA 推出 1 亿美元莱特币国库：莱特币博客
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看不懂的sol
A picture tells you when the copycat season will break out! What trading opportunities do retail investors have?
What is a copycat season, my understanding is simple
1. First break through the price high in March last year.
2. Break through the 21-year record high.
3. ETH breaks through 4800
4. SOL breaks through 300
Otherwise, there would be no real copycat season.
Capital inflows into BTC ➩ BTC dominance increased ➩ altcoins were drawn blood ➩ altcoins fell
Capital outflows from BTC ➩ BTC dominance declines ➩ altcoins absorb reserves ➩ skyrocket
🤖 This may be an opportunity, how to choose the target?
-As long as the project is still in operation, the codebase and social media updates are not interrupted, TG, discord and administrators, and there is a high probability that some institutions have already intervened to achieve control.
-Profit and loss are suitable, when the time comes, 7 days or even a day can pull out three or five times for you, and within a month, you can accumulate the momentum of three or four years of shock, and erupt into place for you at one time. The outbreak of the altcoin season can complete the 2-year bull market process of Bitcoin in 7 days.
🤖 From an emotional point of view, it is still a bear market mood.
Now the only wish in the hearts of each group of friends is to be able to recover their money. Although the price of Bitcoin continues to hit new highs, the assets in the wallets of the group members are shrinking.
When you are really at the end of a bull market, you have already lost your mind. Not only did they put all their savings into the market, but they even went around looking for relatives and friends to borrow money, borrow studs, and pour in desperately. People who buy Bitcoin will envy those who buy altcoins, and in that frenzied atmosphere, as soon as they sell their coins, they will immediately go short and never have the opportunity to buy them back at the selling price. The dealer will use all kinds of news and various means to create this atmosphere, and obviously it is not in the state of the end of the cow at present.
🤖 How to judge the copycat season, 4 indicators you must know
1️⃣ Altifier index
Tracking whether market sentiment points to Bitcoin or altcoins, if 75% of the top 50 altcoins have outperformed Bitcoin in the last 90 days, it's altcoin season, otherwise it's bit season.
🔗
2️⃣BTC dominance rate (market capitalization ratio)
Capital inflows into BTC ➩ BTC dominance increased ➩ altcoins were drawn blood ➩ altcoins fell
Capital outflows from BTC ➩ BTC dominance declines ➩ altcoins absorb reserves ➩ skyrocket
🔗
3️⃣TOTAL 2
TOTAL2 represents the total market capitalization of the top 125 altcoins excluding BTC, which can be seen as a case of capital inflows into altcoins.
🔗
4️⃣ETH/BTC exchange rate
From the perspective of the market cycle, the flow of funds is generally as follows:
BTC - ETH/SOL - mainstream altits - sub-mainstream altcoins - memes
BTC is faith, Ethereum is the leader, and the strength of Ethereum is the premise of altcoin rampage
The bull market is most afraid of: greed, fear, blindness, conformity, following the crowd, chasing the rise and fall, because it is a place where a few people make money.
This round of copycat season only belongs to some high-quality representatives, and it will not break out as fully as in 21 years, and it is recommended that you choose the top 50 by market capitalization.
If you are afraid of missing out on the copycat season, then the only thing you can do is to find a cost-effective entry point and set a stop loss.
So what other trading opportunities 👇👇 do we have?
#BTCUSD #ETH
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Convert USD to LTC
LTC
USD
Litecoin price performance in USD
The current price of Litecoin is $105.34. Over the last 24 hours, Litecoin has increased by +4.35%. It currently has a circulating supply of 76,085,614 LTC and a maximum supply of 84,000,000 LTC, giving it a fully diluted market cap of $7.98B. At present, Litecoin holds the 19 position in market cap rankings. The Litecoin/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates ("OKX") are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets.
Developed in 2011 as a fork of the Bitcoin network, Litecoin aimed to improve upon Bitcoin's shortcomings. It was the first altcoin, and its goal was to offer a decentralized peer-to-peer (P2P) currency with faster transaction processing times and lower fees than Bitcoin.
Built with payments in mind, Litecoin outperforms Bitcoin in terms of transaction speed and confirmation time. While Bitcoin can process approximately five transactions per second, Litecoin has a capacity of 56 transactions per second. The network's confirmation time is also significantly shorter, taking approximately two minutes and 20 seconds compared to Bitcoin's, of nearly 10 minutes per block.
Even after over a decade, Litecoin remains committed to providing users with low-cost, private, secure, and borderless payment solutions. Its vision is to enable individuals to send payments anywhere in the world at any time, making it a practical and accessible digital currency for everyday transactions. Litecoin's usage as a payment method has increased over the years, with merchants, including the American Red Cross, Newegg, and Twitch, accepting LTC as payment.
How does Litecoin work
Litecoin was created from the original Bitcoin source code. That said, it has several differences, which make it faster, cheaper, and more accessible. Here are the components that make Litecoin different:
Scrypt hashing
Litecoin was launched with a unique algorithmic architecture called Scrypt. Scrypt uses less processing power than Bitcoin’s SHA-256 algorithm, lowering the entry barriers for miners and promoting network decentralization. Scrypt also protects Litecoin from potential attacks by miners.
SegWit (Segregated Witness)
SegWit was initially proposed for Bitcoin but was first adopted by the Litecoin network. It separates the witness data (digital signature data) from the transaction data, allowing for more transactions to be included in each block and increasing the overall capacity and scalability of the network. The successful implementation of SegWit on Litecoin served as a testbed and paved the way for its subsequent adoption on the Bitcoin network.
MimbleWimble upgrade
Litecoin also launched its highly anticipated MimbleWimble upgrade, which allows for anonymous transactions on the network, similar to other private networks like Zcash (ZEC) and Monero (XMR). MimbleWimble's integration with Litecoin via extension blocks (MWEB) allowed users to conceal transaction information, thereby increasing privacy. The upgrade was released in January 2022 and activated in May.
The MimbleWimble upgrade was first suggested in October 2019 in two Litecoin improvement proposals. Then, in October 2020, the network launched the first MimbleWimble testnet. According to the Litecoin Foundation, the upgrade enhances the network's scalability since the amount of data stored on-chain reduces fungibility.
LTC price and tokenomics
LTC has a capped supply model, with a maximum supply 84 million. This specific cap was chosen so that the last LTC would be mined in 2142. Like BTC, LTC operates on a Proof of Work (PoW) consensus mechanism, producing new tokens exclusively through mining. Every four years, LTC undergoes a halving to reduce the rewards earned by miners.
LTC has a wide range of use cases. As the native token of the network, LTC is used to pay transaction fees. LTC can also be used outside the network as a medium of exchange, purchasing goods and services or exchanging for other digital assets, such as non-fungible tokens (NFTs).
About the founders
Litecoin was founded in 2011 by Charlie Lee, an MIT graduate and former software engineer at Google. Lee played a key role in the development and launch of Litecoin. In 2013, he joined Coinbase, one of the largest cryptocurrency exchanges, where he served as the Director of Engineering. In 2017, Lee made the decision to leave Coinbase to focus on the full-time development and advancement of Litecoin.
Lee is also the director of the Litecoin Foundation, a Singapore-based non-profit organization that works towards the growth and adoption of LTC. In December 2017, Lee sold his entire stake in Litecoin, saying it was a conflict of interest for him to talk about the cryptocurrency while influencing it.
Since its inception, the Litecoin team has grown and expanded to include more core developers. This dedicated team works on improving and maintaining the Litecoin network, ensuring its security, scalability, and overall functionality.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 12K new posts about Litecoin, driven by 3.3K contributors, and total online engagement reached 1.3M social interactions. The sentiment score for Litecoin currently stands at 83%. Compared to all cryptocurrencies, post volume for Litecoin currently ranks at 1679. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Litecoin.
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X
Posts
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Litecoin FAQ
How much is 1 Litecoin worth today?
Currently, one Litecoin is worth $105.34. For answers and insight into Litecoin's price action, you're in the right place. Explore the latest Litecoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Litecoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Litecoin have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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