Focus on Litecoin ahead of Bitcoin halving: The next Bitcoin halving will happen in early April 2024. This may impact Litecoin (LTC), which was the first to split from Bitcoin. Before this happens, other cryptocurrencies like Solana (SOL) and KangaMoon (KANG) have been stable and might do better than LTC after the halving.
Bitcoin halving and Litecoin
In the last 24 hours, the amount of Litecoin traded has decreased by 19%. Also, its value has dropped by 6.19% in the last month.
Investors are worried about the drop in value.
Still, it’s not sure if the Bitcoin halving will have a bad effect on LTC.
Some experts think if Bitcoin’s price goes over $60,000, LTC will also increase in value. However, others believe that the halving event won’t have much effect.
KangaMoon: a unique new P2E community
KangaMoon has raised $100,000 in its early sale.
KangaMoon is different from other meme coins because it has a special system where you can earn by playing and includes social features. It wants to bring people who like meme coins together from all over the world and give rewards for being active in the community.
People who invest early can also gain by spreading the word about the project.
You can buy KANG now for half a cent during its presale.
Solana finds resistance at $110
The price of Solana is struggling to go above $110.
In the past week, SOL went up by 7%, but it dropped by 5% in the last day.
Its daily trading volume has increased by 5% and is now $1.5 billion.
Experts think SOL’s price will go over $110 before February ends.
Can KangaMoon influence the meme coin market?
KangaMoon could grow in the future because the play-to-earn and NFT market might get twice as big. This could make KangaMoon grow faster and benefit those who invested in KANG early.
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.
