Litecoin’s daily trading volume has plunged 28% in the past week as investors brace for the upcoming halving event. The halving is a scheduled event that will reduce the block reward for mining Litecoin by half. However, the recent sell-off in the crypto market has weighed on Litecoin, and the token is now trading at $92. The decline in trading volume suggests that investors are becoming less interested in Litecoin, which could indicate that it is headed for further downside.
Meanwhile, the DigiToads project is seeing a rising social buzz for reasons such as its collection of 3500+ unique NFTs, each with its unique personality and appearance. The DigiToads NFTs have been creating a lot of buzz on social media. The rising social buzz suggests that there is strong interest in NFTs, even as the overall crypto market is volatile. The project is a good investment for those who are looking to get involved in the crypto space.
Litecoin’s daily trading volume takes a dive – What lies ahead for LTC investors?
Litecoin’s trading volume has been increasing in recent weeks as the price of altcoin surged above $100. However, the drawdown that Litecoin has seen in recent days has corresponded with a nosedive in trading volume.
This decline in trading volume coincides with Litecoin’s price action, which has put altcoin in a mostly bearish trend. On Tuesday, Litecoin traded as high as $90, but the bears pulled it back down to $88 before the day was over. This low momentum has continued into Wednesday, with Litecoin still trading below the $90 support level, despite a slight recovery. Only time will tell what the long-term implications of the decline in trading volume are for Litecoin. However, the current situation is certainly not bullish for the altcoin.
DigiToads making waves: Social buzz on the upswing for TOADS presale
DigiToads (TOADS) is making waves in the crypto landscape, and the buzz around it is electrifying. With a captivating collection of 3500+ NFTs, DigiToads has ignited the interest of NFT collectors and enthusiasts, creating a vibrant social media presence. The presale has been a resounding success, raising an impressive $6.6 million and instilling confidence in investors.
What truly sets DigiToads apart is its passionate community, fostering a supportive environment where ideas flourish and aspirations soar. Engaging in discussions on various platforms showcases the excitement and anticipation for the upcoming official token launch. Beyond financial gains, DigiToads champions a worthy cause. By allocating 2.5% of proceeds to protect the Amazon rainforests, the project showcases its commitment to environmental sustainability.
Play-to-Earn (P2E) gaming by DigiToads offers a revolutionary way for players to have fun and earn real rewards in the form of cryptocurrencies. This incentive-driven model has attracted a massive following, with players from all walks of life eager to join the action. This ownership extends beyond the virtual world, allowing players to trade, sell, or even stake their earned rewards to yield more profits. Players are not just gaming; they are actively participating in shaping the future of the platform.
The strong social buzz surrounding DigiToads is a testament to its appeal and potential. As word spreads about the exciting gameplay and lucrative opportunities, more individuals are drawn to experience the thrill of P2E gaming.
Conclusion
As Litecoin faces a decline in its daily trading volume ahead of the halving event, a different story unfolds for DigiToads. The vibrant social buzz surrounding DigiToads is a testament to its growing popularity and community engagement. While Litecoin grapples with market challenges, DigiToads’ rising social presence indicates a strong following and growth potential. DigiToads has carved a unique path in the crypto realm, drawing attention from all market corners. As the project gears up for its next phase, the anticipation continues to grow. DigiToads has emerged as a promising contender for the best crypto to invest in.
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Source: https://www.cryptonewsz.com/ltc-rise-past-halving-digitoads-sees-a-rising-social-buzz/