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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 community members highlight positive stats, including transaction volumes surpassing other cryptos. Bulls are pointing to bullish formations on the LTCBTC chart and potential golden crosses, while also promoting Litecoin's decentralization and utility as a payment method. Some users suggest a potential breakout against Bitcoin could lead to an alt season.

Moo Deng

Moo Deng is trending amid community excitement about its potential, with some eyeing it as the next meme coin to surge. Despite some pullbacks, holders express optimism, citing the low market cap and potential catalysts for future runs. Discussions include technical analysis, potential price targets, and comparisons to other meme coins in the crypto space.

Chonkus Maximus is a community driven & operated fan token, dedicated to Chonkus Maximus the Famous chonky cat from Chania, Crete, Greece. A viral TikTok star, known for lounging by the waterfront. A local landmark with a 5.0 Google Maps rating, drawing tourists for photos and social media fame. He went from neighborhood lounge-lizard to global sensation through social media — TikTok, Instagram and Twitter videos tagged with #chonkusmaximus, receiving hundreds of thousands of views. Someone marked his spot on Google Maps as a “destination” — initially as a joke — but it gained traction and reached a consistent 5‑star rating from visitors who came specifically to meet him. His online appeal has even rivaled famous Cretan landmarks like Samaria Gorge and Balos Lagoon, which typically have slightly lower ratings

Chonkus Maximus

Chonkus Maximus is trending as traders note potential breakout patterns and steady structure formation. Community members are observing increased volume and key levels being respected, suggesting building pressure. Discussions revolve around possible entries and successful trendline retests.

Top Wealth Group Holding Ltd. operates as a holding company, which provides caviar and caviar-based gourmet products. It focuses on supplying sturgeon caviar to customers under its own brand, Imperial Cristal Caviar. The company was founded by Kim Kwan Kings Wong on February 1, 2023 and is headquartered in Hong Kong.

Top Wealth Group Holding Ltd. - Ordinary Shares - Class A

Top Wealth Group Holding Ltd.

TWG is trending as traders discuss its low float and potential for volatility, drawing comparisons to recent runners like $TGL and $SMX. The stock's after-hours breakout and positive profit outlook for FY25 are also fueling interest. Community members are actively speculating on potential price targets and the possibility of a significant surge.

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

$PMV (PumpMindVirus) is trending due to its vibrant meme culture and strong community engagement, creating a fun, energetic atmosphere around the token. Community members highlight the project's "infected" mentality and growing army of supporters, spreading the "virus" across multiple platforms. The token is seen as a long-term play with potential for significant growth, driven by its unique meme-based appeal within the crypto space.

BYTE is a novel meme token that creatively intertwines the worlds of cryptocurrency and popular culture. Inspired by Grok's answer to "What would you name your dog?", Grok answered, 'Byte.' When Grok was asked who created Byte, it says he was created by the xAI team lead by Elon Musk as a gift to Grok AI to keep him company in the metaverse. BYTE serves as a playful reference to the unit of digital information, as well as a nod to the AI's technological nature. Distinctively, Byte acts as a gateway towards Ai adoption and stands out in the crypto space due to its zero-tax policy, a feature that is increasingly appealing to many investors. Additionally, it upholds the principles of transparency and investor trust by having its liquidity permanently burned and the contract ownership renounced. This ensures that Byte remains a community-driven project, with its fate firmly in the hands of its holders. The combination of a playful theme, generative AI, and a nod to a tech icon makes Byte an intriguing addition to the meme token ecosystem, especially AI related meme coins.  Through pioneering AI this story has grown more and more robust and continues to evolve, Byte pledges its dedication to community efforts and and has consistently appeared in the Top 10 of LunarCrush’s social engagement leaderboards on multiple occasions.

BYTE

$BYTE is trending as a potential 'first AI dog' memecoin, linked to Elon Musk and Grok, generating excitement within its community. Discussions highlight its potential within the AI meme coin space, with community members emphasizing strong community ownership and the coin's unique narrative. The community buzz is centered around its association with AI and potential for significant growth.

Measurable Data Token (MDT) is a decentralized data exchange ecosystem connecting users, data providers, and data buyers and denominates the value of data.

Measurable Data Token

Measurable Data Token is trending as traders discuss its potential within the AI sector, with some suggesting it's poised for a significant run. Community members are speculating on price targets and entry points, while also highlighting its low market cap and recent volume surges. The token's potential to capitalize on the AI narrative is a key driver of current interest.

Rezolute, Inc. operates as a biopharmaceutical company, which engages in the development of drug therapies for patients with metabolic and orphan diseases. The firm's antibody therapy, ersodetug, is designed to treat all forms of hyperinsulinism. The company was founded by Nevan Charles Elam, Ho Young Huh, and Sankaram Mantripragada in March 2010 and is headquartered in Redwood City, CA.

Rezolute Inc

Rezolute Inc. is trending as investors anticipate Phase 3 topline results this month, with community chatter focusing on a potentially game-changing FDA agreement and positive S-3 filing indicators. Bullish sentiment is fueled by the possibility of a PRV and high short interest, leading to speculation about a significant price increase upon positive data.

FLOKI is the utility token of the Floki Ecosystem. The Floki Ecosystem is a community-powered ecosystem that aims to give people control of their finances through four key utility offerings:  - The Valhalla NFT Metaverse Game. - The Floki University Crypto Education platform. - DeFi. - The FlokiPlaces NFT & Merchandise Marketplace.

Floki Token

Floki is gaining attention, with community members highlighting its strong technical structure and potential for significant moves. Discussions revolve around identifying key resistance zones and observing controlled volume, with some anticipating a surge. Broader meme coin narratives and comparisons to other projects like DOGE and SHIB are also circulating.

Treasure Global, Inc. engages in the provision of payment solutions. The firm created an online-to-offline (O2O) e-commerce platform business model offering consumers and merchants instant rebates and affiliate cashback programs. It operates through the ZCITY Platform and Customized Software Development Service segments. The company was founded by Kok Pin Tan on March 20, 2020 and is headquartered in New York, NY.

Treasure Global Inc

TREASURE GLOBAL INC

Treasure Global Inc. ($TGL) is trending due to a massive intraday surge following its reverse stock split, with community members debating whether it will follow a similar trajectory to other recent runners like $SMX. Bullish investors are anticipating a potential short squeeze and significant gains, while others caution against chasing the hype and highlight the stock's volatility. Discussions also revolve around the company's fundamentals and potential catalysts.

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RBC Capital has updated their rating for Rackspace Technology ( $RXT ) to Sector Perform with a price target of 1.75.