Litecoin (LTC) is a beneficiary of this price pump, and there may be some reasons for it . Litecoin has shown a disconnect from the market-wide decrease .
New Delhi, December 9, (ATK): Over the past few weeks, the cryptocurrency industry has had to deal with all crypto assets.Allerdings, it has loosened its grip in the last few days and allowed some cryptocurrencies to flourish, earning holders some decent return.Litecoin (LTC) is a beneficiary of this price pump, and there may be some reasons for it.Eight months ahead of the long-awaited halving event, which would reduce Litecoins' supply rate by 50%, Litecoin has shown a disconnect from the market-wide decrease.In the months leading up to its two previous halving rounds in 2015 and 2019, the Litecoins' story changed from negative to positive, and in other news, Dogeliens (DOGET) is back to its initial momentum since the 2008 crash, and its presale is now good.In reaction to Elon Musk's announcement, the Dogeliens presale accelerated faster.Dogeliens is a cheap iteration of dog memes that many believe can help them make a lot of money as a result of the underpriced version.WaveLitecoin (LTC) is a first-generation cryptocurrency and a Bitcoin (BTC) fork. Bitcoin was often referred to as digital gold, while Litecoin was sometimes referred to as digital silver.Litecoin was first introduced as a reward for large-scale mining companies that gained control of Bitcoin, allowing it to be more centrally controlled.Litecoin itself, on the other hand, could not prevent enterprise miners from capturing the lion's network market.Hence, it became a mineable coin and a payment scheme similar to Bitcoin.Litecoin launched with 150 pre-mined coins, each generating a new block every 2.5 minutes. The miner is rewarded when a blocks hash and the transaction information contained in it are validated and a new block is constructed.At certain thresholds, these rewards are split in half until the next threshold; this is called halving, and it helps slow down the development of new coins.The price of Litecoins was around $150 at the start of the year.However, after market bearishness, the cryptocurrency price dropped to as low as $42 in June. The DOGE community and other memecoin enthusiasts have adopted it.Dogeliens aims to be a DeFi memecoin, using the available funds and decentralized funding to generate wealth for the DOGE community.The program will flourish as one of the best-scalable internet networks in the DeFi industry, and the second-largest network.Dogeliens uses dog memes in a much more effective way.Because the token supports a variety of functions that Dogecoin does not, it will be able to deliver more community fun from cutting-edge tools like NFTs.As markets look for the next big thing, Dogeliens has looked promising and is quickly gaining traction. With Dogeliens still on presale, investors can get in at a low price and profit from the large profit margin.Presale: Telephone: ATK has no responsibility for the content in this report.dout