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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, driven by community discussions around potential breakouts and bullish formations, particularly against Bitcoin. Some community members are focused on Litecoin's utility as a payment method and are speculating on potential price movements. Others point to Litecoin's established history and technical indicators as reasons for its continued relevance.

Moo Deng

Moo Deng ($MOODENG) is trending amidst volatility, with community members actively discussing recent price swings and potential pump and dump schemes. Some traders express frustration over losses, while others remain optimistic, citing the token's low market cap and upcoming events as potential catalysts. The conversation includes comparisons to other meme coins and discussions about technical analysis patterns.

Our mission is simple: to do our part in unleashing the BNB Chain. The crypto space needs a hero, and Captain BNB is here to answer the call. As a true community takeover, the holders are in control, rallying together to support the most viral memecoin on the  BNB Chain this cycle. As a thriving community that truly believes in the mission, we stand to be the number one memecoin on the BNB smartchain.

CaptainBNB

CaptainBNB is trending as community members express strong bullish sentiment and highlight its potential as the mascot of the BNB chain. Discussions revolve around its strong community and comparisons to other successful chain mascots, with some mentioning a recent AMA by Victus Global.

Dinosol

Dinosol is trending as a new Solana-based memecoin, sparking high engagement within the crypto community. Bullish sentiment is fueled by perceived potential for quick gains, though some traders are pointing out the risks associated with liquidity in new coins.

BENQI is a decentralized non-custodial liquidity market protocol, built on Avalanche. The protocol enables users to effortlessly lend, borrow, and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow in an over-collateralized manner.

Benqi Finance

Benqi Finance is trending as the community discusses its potential within the Avalanche ecosystem and growing TVL. Some believe $QI is undervalued and poised for a significant breakout, possibly due to increased institutional interest in tokenizing real-world assets (RWAs). Others point to its fully diluted supply as a key advantage, anticipating substantial gains with the right catalysts.

DEGEN is a reward token for Farcaster users, born from meme culture. It features a unique tipping system that allows the community to reward high-quality content creators. DEGEN also powers the Degen Chain, one of the pioneering Layer 3s launched on Base. Known as the “Las Vegas of blockchains,” it provides a platform for building and using Degen apps, offering a space for fun, innovation, and community-driven experiences.

League of Degens 

DEGEN is trending as community members discuss its potential, upcoming app launch, and possible Binance listing; however, some express concerns about price stagnation and unfulfilled promises like token burns. Bullish sentiment focuses on DEGEN's strong community, potential AI integrations, and predictions of significant price increases, while bearish voices cite concerns about current price action.

The Sandbox is a community-driven platform where creators can monetize voxel ASSETS and gaming experiences on the blockchain.  SAND is the utility token used throughout The Sandbox ecosystem as the basis of transactions and interactions. It is an ERC-20 utility token built on the Ethereum blockchain. There is a finite supply of 3,000,000,000 SAND.

The Sandbox

SAND is trending as the community discusses its potential within the gaming and metaverse space, with some eyeing significant gains. Conversations revolve around its strong volume and comparisons to similar altcoins, as well as the potential impact of a renewed focus on the metaverse and gaming ecosystems. Some traders are taking profits now, while others are holding for a longer-term rally.

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 as community members discuss its potential, referencing Do Kwon and possible ecosystem upgrades. Some traders suggest moving profits from $LUNC to $LUNA, while others warn of a potential pump and dump, drawing comparisons to its past volatility. Bullish sentiment is fueled by discussions of token burns and potential market manipulation.

Inflection Point Acquisition Corp. IV is a blank check company. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded by Andrew Stephen Gundlach and Michel Combes on June 24, 2024 and is headquartered in New York, NY.

Inflection Point Acquisition Corp. IV - Ordinary Shares - Class A

Bleichroeder Acquisition Corp I

Bleichroeder Acquisition Corp. is trending after Citron Research highlighted its attractive risk/reward profile, sparking community interest in its merger with Merlin Labs, a defense tech firm specializing in AI-powered autonomous flight. Discussions center on Merlin's government contracts, partnerships with major aerospace players like GE, and the potential for significant growth in the AI-driven aviation sector. Some investors are also noting the potential for a short squeeze.

JFrog Ltd. engages in the provision of an end-to-end, hybrid, universal development operations platform that powers and controls the software supply chain, which enables organizations to continuously and securely deliver software updates across any system. It operates through the following geographical segments: United States, Israel, India, and Rest of World. The firm is also involved in creating software delivered without friction from developer to device. The company was founded by Frederic Simon, Shlomi Ben Haim, and Yoav Landman in 2008 and is headquartered in Sunnyvale, CA.

JFrog Ltd

JFrog ($FROG) is trending as traders discuss its potential for a breakout, fueled by analyst upgrades and strategic collaborations with tech giants. Community members are actively monitoring key resistance levels and discussing options strategies. Bullish sentiment surrounds the stock's long-term potential within the DevSecOps and AI/MLOps sectors, despite recent market volatility.

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Collegium Pharmaceutical (NASDAQ:COLL) Sets New 12-Month High - Still a Buy?

Collegium Pharmaceutical (NASDAQ:COLL) Hits New 1-Year High - Still a Buy...

Are Investors Undervaluing Collegium Pharmaceutical (COLL) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Guardant Health (GH) Stock Outpacing Its Medical Peers This Year?

Here is how Guardant Health (GH) and Collegium Pharmaceutical (COLL) have performed compared to their sector so far this year.

Collegium Pharmaceutical, Inc. (COLL) Hits Fresh High: Is There Still Room to Run?

Collegium Pharmaceutical (COLL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Ensign Group Expands Foothold in Three U.S. States With Facility Buyouts 

ENSG adds four skilled nursing facilities across Colorado, Arizona and Kansas, pushing its total healthcare operations to 373 nationwide.

Ballast Asset Management LP Makes New Investment in Collegium Pharmaceutical, Inc. $COLL

Ballast Asset Management LP bought a new stake in Collegium Pharmaceutical, Inc. (NASDAQ:COLL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities...

Collegium Pharmaceutical, Inc. is a pharmaceutical company, which engages in development and planning to commercialize next generation, abuse-deterrent products for the treatment of patients suffering from chronic pain and other diseases. Its products include Xtampza ER, Nucynta ER and Nucynta IR, Belbuca, and Symproic. The company was founded by Michael Thomas Heffernan in April 2002 and is headquartered in Stoughton, MA.

Collegium Pharmaceutical Inc

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