Solana Meme Coin Litecoin Mascot Surges to $120M Market Cap in Record Time
LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.
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LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.
Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.
Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.
The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.
Litecoin's self-declared transition to memecoin status on November 14, 2024, triggered a 15% price rally to $82.25 and sparked increased trading activity, mining operations, and community engagement.
Litecoin is embracing its inner meme coin amidst a double-digit run, and it's all thanks to Dogecoin.
Hedera and Ripple were also top performers, each gaining 6%.
Historically, a surge in short-term holdings as this holds great significance in that it usually marks a turning point in the market.
Interesting and unexpected narratives continue to rule the crypto market and influence asset prices on it when, amid a new wave of meme mania, market old-timer Litecoin (LTC) announced that it too is identifying itself as a meme cryptocurrency given current market conditions.
Litecoin is a well-established, but neglected coin, which is yet to recover its all-time high from 2021.
Litecoin just jumped into the meme coin craze with a funny tweet, sparking a quick 15% surge in its price!
As Bitcoin momentarily reached a new all-time high above the $93,000 mark, the Litecoin rally is beginning to shape up. Crossing over the $80 mark, a Morningstar patent teases a bull run ahead for Litecoin.
Litecoin's price surged 15% to $82.25 after a strategic social media post identifying as a memecoin, driving a 33% increase in trading volume and sparking widespread community engagement
Litecoin is likely showing interest in joining the meme coin sector following the recent market frenzy, as per a post that says “I now identify as a memecoin” due to current market condition. Dogecoin reacted and welcomed the move and asked fans to suggest a mascot.
Litecoin (LTC) is showing promising signs of a major price move, as recent data indicates a surge in demand and liquidity. After months of consolidation, Litecoin has seen renewed interest, with spot inflows reaching levels not seen since 2021.
TL;DR Litecoin has launched Wrapped Litecoin (WLTC) on the Ethereum network, enhancing interoperability and providing users access to Ethereum's DeFi applications. WLTC allows Litecoin holders to participate in staking, lending, borrowing, and yield farming, previously inaccessible on the Litecoin blockchain.
Litecoin, known as Bitcoin's silver, drops below $74 amid market pressure. Can it bounce back, or is further downside ahead?
Litecoin experiences surge in spot inflows and trading activity, leading to increased volatility and substantial liquidations across exchanges.
Litecoin price has pulled back significantly, dropping from $81.17 on November 12 to around $73.10, marking a notable decline of 7.6%.
Litecoin is partnering with Coinut, a Singaporean crypto exchange, to offer Wrapped Litecoin (WLTC) tokens on Ethereum. These tokens will increase interoperability between the two protocols with access to new features.
Litecoin spot and derivative soar as interest in the cryptocurrency peaks but this may have led to a surge in liquidations.
Litecoin price rose to $82.69 on Tuesday, November 12 as the rally in the crypto industry continued. It then pulled back and was trading at $76 at press time as the recent surge took a breather.
The Litecoin network has grown to over 7.7 million on-chain holders, as institutional investors seek to have an ETF approved in the U.S. soon.
After establishing a robust macro support level above $59 since August 2023, Litecoin's (LTC) price has signaled an imminent bullish breakout in the near term. The mid-cap altcoin, with a fully diluted valuation (FDV) of about $6.4 billion, registered a 107 percent spike in its daily average traded volume to hover around $1.