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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 the community debates potential golden cross formations and key support levels. Bullish investors are actively defending against bears, citing Litecoin's history and potential for significant gains, while some compare its chart to Nvidia's. Discussions also include Litecoin's utility for real-world payments and potential integrations.

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 investors discuss its potential market cap adjustment as it approaches Phase 3 trials, drawing comparisons to Madrigal Pharmaceuticals. Community members are actively debating the possibility of a buyout, upcoming news catalysts, and management's strategy. Bullish sentiment is fueled by the drug's potential in treating MASH and obesity.

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.

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.

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.

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.

The DEADBOX ecosystem coin DEAD introduces "Grave Digging" — a mechanism allowing active holders of >1,000,000 DEAD tokens to claim any inactive DEAD tokens out of holders wallet after 90 days of inactivity!  50% is kept by the Grave Digger 40% is burnt forever - making all holders richer! 10% is sent to DEADBOX Treasury for the R&D of new rev-share products.  DEAD tokens are also the primary token in the Dead Token Economy and can be burnt to create our utility token UNDEAD - making tokens immune from falling victim to Grave Digging. UNDEAD tokens also are distributed a dividend share of the ecosystem's revenues and rewards automatically into holders wallets in realtime - no staking required.

DEAD

$DEAD is gaining attention as meme season ramps up, with the community drawing comparisons to other meme coins. Traders are actively discussing its potential and highlighting it alongside other tokens.

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.

Sui is an innovative layer-1 blockchain platform crafted to meet the demands of global adoption, providing a secure, robust, and scalable development environment. Rooted in a unique object-centric data model and fortified by the trusted Move programming language, Sui is engineered to tackle the inefficiencies found in current blockchain frameworks.  In addition to its solid technical underpinnings, Sui places a strong emphasis on user experience, aiming to remove common barriers encountered in blockchain interactions. Through groundbreaking features such as zkLogin, sponsored transactions, and programmable transaction blocks, Sui sets a new standard for user accessibility and friendliness within Web3 applications.  Unique elements of Sui Sui’s innovative architecture ensures swift transactions with stable fees and high throughput through horizontal scaling. Its object-oriented design offers deep composability for developers, enabling tailored object types with network-wide compatibility. This revolutionizes asset and protocol collaboration, fostering product innovation.  The platform's object-oriented approach dramatically improves transaction processing, enabling parallel execution and faster completion times. Additionally, unique consensus requirements expedite transaction finalization while maintaining stability. Sui prioritizes overcoming Web3 adoption barriers, offering native tools like zkLogin and sponsored transactions for wallet onboarding and fee management.  Move integration into Sui's data model combines innovation with security, mitigating common exploits found in smart contract languages. This empowers developers and users with a secure and intuitive platform, accelerating the evolution of Web3 applications.  About the Sui token The SUI token serves four primary functions within the Sui ecosystem: Proof-of-stake participation - Sui implements a delegated proof-of-stake mechanism, rewarding honest behavior by validators and SUI token holders who stake with them. Gas fee payments - SUI tokens cover gas fees for executing transactions and storing data onchain. Application utility - SUI is a versatile asset, integral to various applications within Sui’s ecosystem, including decentralized exchanges, lending platforms, gaming, and more. Governance - The SUI token empowers holders to participate in on-chain voting on significant matters like protocol upgrades and platform changes, shaping the future of Sui.  Additionally, the Sui storage fund ensures fair compensation for validators by distributing stake rewards over time and covering storage costs for previously stored on-chain data. This tokenomic strategy promotes indefinite data storage while maintaining fair compensation for validators, fostering long-term sustainability.

Sui (SUI) is seeing increased community interest, potentially fueled by news of the first Sui-based ETF being approved and the addition of a veteran from EA Sports to the Sui Foundation. Community members are comparing SUI to early Solana, noting its potential for growth, while others discuss its high transaction speeds and the launch of a new stablecoin, USDsui. Some traders suggest that SUI is oversold and undervalued, presenting a buying opportunity despite concerns about token unlocks and dilution.

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Rick Sanchez

$RICK CEO (indicted) and CFO both resigning is a short-seller’s wet dream. I remember when bulls and bears were battling it out in the early 2020s. Looks like the long-term bulls ultimately got RICK Rolled.