Litecoin, known for being one of the largest Bitcoin forks, and a faster version of the original cryptocurrency, has seen its price drop somewhat in the last 24 hours. However, recent reports indicate that LTC lately saw a great surge in buying interest.
LTC Price Drops But The Volume Remains High
Litecoin recently saw its trading volumes surge by 22%, following a steady uptrend that started after the crypto market crashed on August 5. At the time, the crash was supposedly caused by the weak US employment data coupled with the poor performance of tech stocks. However, LTC saw a steady uptrend after that.
The price kept rising until it climbed from a support at $51 on August 5 to a resistance at $68 on August 18. However, the bearish market that took over the crypto sector has since knocked the coin’s price to its current price of $62.7.
In other words, despite the price drop, LTC is still exchanging hands, and seeing a major volume increase as a result. Of course, the dropping prices mean that buying LTC now is very risky, and while many might still do it in an attempt to buy low and later sell high, those who are unwilling to take the risk might want to consider alternatives such as The Meme Games (MGMES).
JOIN THE MEME GAMES ICO BEFORE IT ENDS IN EARLY SEPTEMBER
What do you need to know about The Meme Games?
The Meme Games is a new meme coin project that was launched in July, just before the start of the 2024 Olympics. The project intends to bring its own meme Olympics, where five iconic personalities from the meme coin world would act as athletes. Those include Dogecoin, Pepe, dogwifhat, Brett, and Turbo.
The champions will compete in a number of different disciplines, and investors who join the project’s ICO will be able to pick one of them and support them. If their chosen athlete wins the game, the backers get to earn major rewards.
The only catch is that users have to join during the ICO in order to pick a champion, and for now, there is no other way to do it. If you miss the presale, you will still be able to profit from the token’s price changes, but you will lose the opportunity to win rewards from future games.
JOIN THE MGMES ICO BEFORE THE NEXT PRICE INCREASE
With that said, the ICO will end on September 10, so there is still time to join. However, as the presale progresses, the MGMES token’s price continues to grow, so buying sooner, rather than later, means that you can get it at a lower price.
So far, the presale raised over $376k, and the token’s price sits at $0.0093. You can buy it with ETH, USDT, BNB, or credit/debit card, just don’t wait too long, as its next scheduled price increase is in less than four days.
