Despite the crypto market being notoriously unpredictable, investors and analysts cannot help but try and make sense of the goings-on of it so they might keep themselves a step ahead of the competition. Recently, the founder of Litecoin, Charlie Lee, predicted that Litecoin is poised for a 700% gain compared to Bitcoin. In this article, we will analyze the similarities and differences between Litecoin and Bitcoin and discuss what lessons can Dogetti, a rising star in the crypto market, can learn.
Litecoin – Predictions Or Guesses?
Charlie Lee, the creator of Litecoin, has expressed confidence that Litecoin (LTC) has the potential to experience significant growth in comparison to Bitcoin (BTC), particularly as the August halving event draws closer. Lee has asserted that the LTC/BTC pairing could potentially surge to 0.025 BTC, which would represent an increase of over 700%, in the upcoming bull cycle, due to Litecoin’s superior characteristics such as higher throughput, scalability with extension blocks, better fungibility, and privacy provided by MWEB (MimbleWimble). However, technical analysis suggests a bearish pattern in the form of a bear flag for the LTC/BTC pairing. Despite this, the price of Litecoin has shown a similar trend to previous halving events, with an increase of 120% from its sessional low of around $40.
Dogetti – Hound On The Hunt
So what is this new project everyone’s been talking about? Dogetti (DETI) is a new meme coin following in the footsteps of previous meme coins such as Dogecoin and Shiba Inu. It’s currently in its presale stage, having recently vaulted over the one million dollar mark at $1.2M raised, which puts it at a third of the way to its target. So, what is it about this coin that people find so enticing? Well, first of all, every meme coin needs a good mascot, and Dogetti has the Dogetti family, a family of canine mafiosos who walk the line between adorable and dangerous. Other than that, Dogetti’s features display its strong commitment to its community and charitable work. Armed with an NFT collection and its own DAO, Dogetti is poised to take on the competition and turn this bull market into a dog park.
Bitcoin – Crypto’s Adam
Bitcoin, launched in 2009, is the first and most well-known cryptocurrency in the world. It was the first decentralized digital currency and the first to operate on a blockchain network. It also pioneered the peer-to-peer network that enables users to send and receive payments directly without the need for an intermediary like a bank.
Bitcoin has experienced countless ups and downs in its 14-year lifetime, but that has not prevented it from leading the charts from the day they were made. However, Bitcoin leaves much to be desired in a coin, and that lack is what coins like Litecoin and Dogetti are trying to make up for.
Yes, digital currencies can always go either way in the market, but that does not mean that one cannot recognize the potential and promise of a new player. A skilled talent scout invests in a project before it leaves the presale to maximize its profit when the coin does hit the court. Dogetti can be the star of the coming season, so long as it keeps hitting those slam dunks.
Do you want to hear an offer you cannot refuse? Follow the links below:
Presale: https://dogetti.io/how-to-buy
Website: https://dogetti.io/
Telegram: https://t.me/Dogetti
Twitter: https://twitter.com/_Dogetti_
