Arbitrum and Litecoin battle: Litecoin (LTC) and Arbitrum (ARB) are having a hard time, but a new meme coin called Kangamoon (KANG) is becoming popular. Want to know why? Keep reading to find out about Kangamoon, Litecoin, and Arbitrum.
Litecoin is 82.95% below its all-time high
The last year hasn’t been great for Litecoin. Its token, LTC, has been making bad news and facing difficulties. Litecoin’s value has dropped by 30.25% in the past year.
Currently, Litecoin is being sold for $70.35, which is 0.1% lower than yesterday. Compared to last week, Litecoin’s price has fallen by 2.74%. However, comparing it to its highest price ever doesn’t help much, as Litecoin has dropped by a staggering 82.95% from its peak of $412.96.
Arbitrum drops by 83.02% in a year
Arbitrum helps Ethereum work faster and handle more transactions by using optimistic rollups. But some investors worry that it might not be stable enough, even though it’s gotten better lately.
ARB is currently being bought and sold for $2, which is 1.9% higher than it was 24 hours ago. Over the last month, its price has gone up and down, starting at $1.9, dropping to $1.5, then going back up to $1.95 before falling again to $1.7.
In the past year, ARB’s value has decreased by 83.02%, and it’s currently 16.63% lower than its highest value ever, which was $2.40.
Kanga Moon presale ongoing
Litecoin and Arbitrum are having a tough time staying important, but a new memecoin called Kangamoon is ready to shake up the play-to-earn industry. Kangamoon will bring together meme fans to have fun and compete. Plus, players can earn rewards while playing games within the Kangamoon system.
Because the native token relies heavily on community support, people who didn’t take part in the battles can still earn rewards by watching and betting on the match outcomes. These rewards can be traded and sold in the in-game marketplace by users.
Crypto experts believe that KANG could increase by 220% during its presale and by 350% after being listed on big exchanges. Kangamoon has already collected more than $220,000 during its presale.
Disclaimer: The information on this website isn’t meant to be taken as advice for investing money. Investing involves uncertainty, and there’s a chance you could lose your money when you invest.