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Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.  Why Litecoin? Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.  ‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.  As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.  Litecoin Technical Details: The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.   Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

Litecoin

Litecoin is trending as traders discuss potential breakouts against Bitcoin and speculate on future price movements, with some eyeing key levels. Community members are debating its utility as a transactional cryptocurrency and comparing its chart to Nvidia's, while others express frustration with its historical performance relative to newer crypto assets. The conversation includes both bullish and bearish perspectives, focusing on potential breakout patterns and accumulation opportunities.

Altimmune, Inc. is a clinical stage biopharmaceutical company, which focuses on the development of novel peptide-based therapeutics for the treatment of obesity and liver diseases. The company's lead product candidate, pemvidutide, is a GLP-1/glucagon dual receptor agonist that is being developed for the treatment of obesity and NASH. In addition, Altimmune is developing HepTcell, an immunotherapeutic designed to achieve a functional cure for chronic hepatitis B. The company was founded in 1997 and is headquartered in Gaithersburg, MD.

Altimmune Inc

Altimmune is trending as community members express strong bullish sentiment, anticipating positive 48-week data and a favorable FDA meeting. Discussions revolve around the potential for a buyout, with some comparing ALT's prospects to other successful obesity and MASH drug developers. Community members are actively debating the data, potential partnerships, and the impact of recent management changes.

Shiba Inu (SHIB) is a meme token which began as a fun currency and has now transformed into a decentralized ecosystem. During the initial launch, 50% of the supply was allocated into Vitalik Buterin's ethereum wallet.   As a result of that, Vitalik proceeded to donate 10% of his SHIB holdings to a COVID-19 relief effort in India and the remaining 40% is burnt forever. That donation was worth about $1 billion at that time, which makes it one of the largest donation ever in the world.  What is the Shiba Inu community working on right now? The Shiba Inu team launched a decentralized exchange called Shibaswap with 2 new tokens, LEASH and BONE. LEASH is a scarce supply token that is used to offer incentives on Shibaswap. BONE is the governance token for holders to vote on proposals on Doggy DAO.

Shiba Inu

Shiba Inu is trending as the community speculates on potential price movements and compares it to other meme coins. Some traders are highlighting support levels and anticipating a significant price surge, while others discuss the coin's long-term potential and developments within its ecosystem. Comparisons to other meme coins like $BONK and $SAILANA are fueling the conversation.

Moo Deng

Moo Deng is trending with community members pointing to a recent surge, with some comparing it to HKD's 2021 run, while others believe it's a pump and dump. The community is actively discussing potential price movements, debating whether it will reach previous highs or fall further, and anticipating another pump. Discussion includes positive and negative sentiment as some traders express frustration with its performance while others remain optimistic about potential gains.

CryingNTheCasino

TEARY CRYPTO is gaining attention as a Solana-based token drawing comparisons to early BONK, with the community emphasizing its strong, active engagement and the project's ethos of resilience. The "No Crying In The Casino" mantra resonates as users express patience and confidence in the coin's potential, highlighting the value of community-driven initiatives within the crypto space.

Pump Mind Virus is a Pure Meme with a long term vision. We are building for the future while making no promises about the present. The project aims to bring the spirit of community memes back to the Solana ecosystem. We do that with engaging content and memes. Culture through community. Viral spread by word of mouth.  And most importantly, by not using the fake hype machine that has come to dominate the meme coin landscape.

PumpMindVirus

PumpMindVirus ($PMV) is trending due to its strong meme culture and active community involvement within the $SOL ecosystem. Community members emphasize the coin's organic growth and the 'infectious' nature of its community, suggesting it's poised for significant upward movement. The coin's association with meme culture and community engagement appears to be a key driver of its current popularity.

Verb Ai

Verb Ai ($VERB) is trending alongside other stocks like Ford and OXBR, with community members highlighting potential connections and past successes. The community is actively discussing the stock's potential and its relationship to other trending symbols, particularly $OXBR.

Reactive Network is the first parallelized interoperability execution layer, utilising a new form of smart contract we call reactive smart contracts.   Reactive smart contracts are able to react to on-chain events autonomously and execute their own user defined logic to initiate new transactions. This allows a virtually limitless number of use cases to achieve fully decentralized on-chain automation.

Reactive Network

Reactive Network's $REACT is trending amidst community excitement surrounding potential exchange listings and its underlying technology. Discussions highlight its cross-chain capabilities and upcoming milestones with the sunsetting of $PRQ. Bullish sentiment focuses on the potential for significant gains and growing adoption, with some anticipating a major price surge.

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DIA is garnering attention as traders weigh the potential for a December rate cut against mixed economic signals and sector-specific movements. Community members are discussing the possibility of a market correction, referencing concerns about valuations, job cuts, and potential impact from Japan's bond yields. Investors are also monitoring potential shifts in sector leadership and the influence of political factors on the market.

Terra 2.0 which will assume the Terra name is a new blockchain launched by Terraform Labs as part of the passing of governance proposal 1623.  The Terra protocol is a decentralized and open-source public blockchain protocol. Luna is the Terra protocol’s native staking token used for governance and mining.  Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.  The Terra 2.0 chain will not have a stablecoin and holders of the old Terra Classic chain will be airdropped new Luna native coins. In the plan, developers of the Terra ecosystem are to migrate and deploy their dapps on the new blockchain.

Terra 2.0

Terra 2.0 ($LUNA) is trending amid discussions about potential ecosystem developments and community speculation regarding price predictions. Some traders are moving profits from LUNC to LUNA, while others are wary of a potential pump and dump, remembering past volatility. Community members are also discussing ongoing legal situations with Do Kwon.

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$XAGUSD In Last Weekend&#39;s update, we expected new highs and a lower turn. Here is the 4 Hour chart for members showing the idea. #elliottwave #trading $SLV $SLVO $XAUUSD $GDX $GDXJ

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 In Last Weekend's update, we expected new highs and a lower turn. Here is the 4 Hour chart for members showing the idea. 