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Cryptocurrency News Articles
Litecoin Rides Memecoin Momentum, But Is It Enough?
Nov 17, 2024 at 11:23 pm
Litecoin is one of the oldest crypto tokens. As a Bitcoin fork, it is a peer-to-peer digital currency that enables instant, low-cost payments globally.
Litecoin price experienced an upward retracement at the start of the 2024 memecoin buzz, according to CoinMarketCap's key metrics. This follows a trend observed by nearly all established tokens, as the influx of “retail” money into the cryptocurrency market continues to drive up prices.
With two meme coins reaching $1 billion in market capitalization last week, the meme coin circle is in full swing. However, this signals a shift from altcoins according to the crypto rotation cycle, but alts are still capturing market value, as seen in the Litecoin price movement.
Investors should focus on tokens like PropiChain, a real-world asset altcoin, which is set to capture the most market value and potentially enjoy a 22,000% surge. PropiChain allows investors to use blockchain to democratize the real estate industry.
Litecoin price rides memecoin momentum, but is it enough?
Litecoin is one of the oldest crypto tokens and a peer-to-peer digital currency that enables instant, low-cost payments globally, having forked from Bitcoin.
In a move that fully captures the whimsical nature of crypto, Litecoin recently announced that it will embrace meme coin trends, driving up the Litecoin price by 13%.
This comes against the backdrop of the massive gains memecoins get by being listed on top exchanges, with examples being memecoins like PNUT, Dogecoin, and GOAT. It remains to be seen, however, whether the team will fully pivot to memes or if they are merely riding the wave of memecoins for the short term to drive up the Litecoin price.
While Litecoin's strategy may spark temporary price movements, PropiChain offers a different investment narrative centered on real-world utility. PropiChain is designed to solve tangible challenges in the real estate sector, simplifying the trading experience for real estate investors.
With the token just listed on CoinMarketCap and a presale underway, investors can get in early on the project, which some analysts call a competitor to Dogecoin because of the innovative solutions it brings to the crypto sector.
Why PCHAIN is set for a 22,000% growth in the 2025 bull run
PCHAIN powers PropiChain, a decentralized real estate platform that uses AI, blockchain, and the metaverse to simplify property ownership and management.
While traditional real estate transactions are slow, cost-intensive, and cumbrous, PropiChain enables its users to get around these problems by:
This makes holding PCHAIN extremely bullish, as it is the backbone of the PropiChain platform and will continue to grow in value as the platform expands. Holders of PCHAIN will also be granted access to AI-assisted automated trading and liquidity acquisition using their properties as collateral.
The current Litecoin price of $90.39 compared to PCHAIN at $0.004 may seem like an unequal comparison at first, but it is crucial to consider the respective stages of growth and market potential. The current Litecoin price is a result of a well-established token presence with a $6.54 billion market capitalization. Hence, Litecoin has limited room for explosive growth.
In contrast, PropiChain is in its early stages with potential for significant expansion. Its approach targets the $300 trillion real estate market, presenting a compelling case for PCHAIN's potential ROI during this bull run.
The verdict for PCHAIN: Get in on the presale today
The first stage of the PropiChain presale is now live, with prices starting at $0.004 and expected to end at $0.032, making a $3,000 investment nearly $30,000 by the end of the presale. With their smart contract being BlockAudit-verified as secure and the platform set for major growth, investors can be bullish about the viability of the platform
As evidenced by the steady increase in Litecoin's price movement over the years, a token with good utility and community will always come out on top. Join the PropiChain presale now to maximize the 2025 bull season.
For more information on the PropiChain Presale:
Website: https://propichain.io/
Join Community: https://linktr.ee/propichain
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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