Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
BNB remains strong in the top 10, while Litecoin struggles. BNB and LTC holders are turning to Zig Network for growth.
BNB has remarkably sustained its staying power in the top 10 even as many of its fellow altcoins have fallen by the wayside. The same can’t be said for Litecoin, which has seen way better days in the past than it does now. A good number of BNB and LTC holders are buying into revenue sharing DeFi protocol Zig Network (ZIG) to bolster their portfolios in 2024 and beyond.
BNB showing signs of life after recently breaching $600
BNB recorded a decent breakout after breaching stiff resistance at $600. Despite failing to hold the line, BNB’s RSI and MACD indicate bullish underlying sentiment, with some analysts predicting BNB to retest its all-time highs in the coming weeks. With BNB’s robust trading volume of $100 billion, it’s safe to say that BNB is going nowhere. However, despite its strong fundamentals, BNB’s upside is hamstrung by its gargantuan market cap at $86.6 billion.
Litecoin trading in choppy waters
Litecoin (LTC) failed to hold at the critical resistance level of $70 after breaching it for the first time in October. This, despite Litecoin recently exceeding a $4 billion intraday trading volume for the first time in over a year. While Litecoin has undoubtedly lost its prominence as a speculative investment, its utility as one of the most utilized cryptocurrencies for online payments has always kept it firmly within the top 40.
However, investors looking for substantial gains have moved on from Litecoin in favor of newer, more potential laden altcoin investment opportunities like Zig Network. Litecoin is fading fast since decoupling from Bitcoin in 2021 and its utility keeps people from actually holding it.
Litecoin and BNB holders buying into Zig Network
Litecoin and BNB holders are looking towards greener pastures to shore up their portfolio values. One of the blue chip projects that Litecoin and BNB holders are investing in is revenue sharing DeFi protocol Zig Network, widely tipped as the best investment opportunity on the board for investors looking to gain exposure to DeFi.
Zig Network is poised to capture a significant portion of the liquidity explosion that is expected to flow into the DeFi sector thanks to its intuitive staking and passive income generation interface. With its ability to simplify DeFi and reduce the learning curve required for mass adoption, Zig Network could serve as the platform to onboard the next wave of DeFi users which could foreshadow a parabolic run for its native token ZIG.
One of the most salient benefits of Zig Network is its revenue sharing scheme, which will see investors earn a portion of Zig Network’s profits based on the number of ZIG tokens they hold. Coupled with robust APYs and various ways to make investors assets work for themselves and you’ve got a recipe for explosive growth.
Zig Network offers prospective investors to buy into a legitimate diamond in the rough that ticks all the boxes as a unicorn set to skyrocket in value once it lists on exchanges. And with token prices at just $0.01, not to mention a SolidProof audit and a lifetime liquidity lock and it’s easy to see what the hype is all about.
For more information, visit the Zig Network presale website and read the whitepaper.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
