The bullish market sentiment also leaves investors and traders looking for better and safer alternatives. Litecoin (LTC) and Dogecoin (Coin) failed to recapitulate the hype and value of their glorious past. TMS Network (TMSN) – The Game-Changer Cryptocurrency Revolutionizing the Industry The sentiment regarding Litecoin (LTC) remains bullish as experts forecast its price to dip further to around $89.37. The cost of Litecoin (LTC) has declined by more than 12% in the last seven days. According to the latest report, the trading price of Litecoin (LTC) is $91.28, which is down by 1.72% within 24 hours, and over 80% decline from its all-time-high price of $412.96. However, things are not entirely gloomy as Litecoin (LTC) is striving hard for a rebound preceding the halving event, scheduled for August 2023. Unfortunately, all these developmental activities’ impact on Litecoin (LTC) did not sustain, and it has been declining since February. This led to an increase in the hash rate of Litecoin (LTC). It signed several partnerships and rolled out the Litecoin (LTC) Card Program across Europe. Litecoin (LTC) performed positively on several parameters at the beginning of the year. Experts do not expect any rebound for Dogecoin (DOGE) soon, which adds to its gloomy picture. Currently, Dogecoin (DOOGE) is trading at $0.0806, a decline of 5.73% from its seven-day high of $0.0855. The scenario is further fueled by a more than 85% dip in the trade price of Dogecoin (DOGE) from its previous all-time high of $0.682. Furthermore, there is a core lack of utility of Dogecoin (DOGE).Ĭumulatively, it has raised doubts about the long-term stability of Dogecoin (DOGE). The Shibarium launch and Silvergate’s catastrophic collapse have been the leading challenges, brutally hitting Dogecoin (DOGE). Unfortunately, Dogecoin (DOGE) could not sustain the growth, and is steadily declining. Here, we look at the situation analytically, and understand how TMS Network (TMSN) led the growth chart and left all competition behind.ĭogecoin (DOGE) Losing Its Market Share to Other Meme Coins with a Massive Dip in Pricesĭogecoin (DOGE) started as a fun parody, and soon became the largest meme coin by market capitalization. Amidst the turmoil, we find legendary leaders like Dogecoin (DOGE) and Litecoin (LTC) losing to new entries such as TMS Network (TMSN). The crypto space is currently in a perpetual fluctuating state.
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