Litecoin (LTC) and Dogecoin (DOGE) have recorded impressive price movements but trading volume trends remain negative. In this article, we analyze these price movements and likely investor behavior.
Zig Network (ZIG) has been predicted to excel against Litecoin (LTC) and Dogecoin (DOGE). We explore the potential reasons behind this claim and what Zig Network (ZIG) offers to investors and cryptocurrency enthusiasts.
Litecoin’s trading volume fall indicates troubling times ahead
Litecoin (LTC) is up 16% in the past month, rising from $65.06 to $75.48. In the past week, it is up 15.6%. Community sentiment is naturally bullish as investors expect it to continue this trend. However, trading volume trends indicate troubling times ahead with a fall of 30% in the past day alone.
Litecoin’s purpose was designed as a ‘lite’ version of Bitcoin (BTC). Since then, it has grown to become the second most popular pure cryptocurrency, following Bitcoin (BTC). ZIg Network’s (ZIG) focus on revenue-sharing could enable it to reach and surpass the heights of Litecoin (LTC) in the coming years.
Dogecoin (DOGE) investors consider Zig Network’s (ZIG) potential for huge returns
Dogecoin’s monthly price trend is more impressive than Litecoin (LTC) with a 33% increase from $0.105 to $0.140. Its trading volume is also down 30% in the past day. Dogecoin (DOGE) sparked the meme coin wave of cryptocurrencies with little to no apparent utility. Currently, there are over 2000 meme coins with Dogecoin still at the top, boasting a market capitalization of $20.41B. This makes it the 8th most valuable cryptocurrency.
Dogecoin (DOGE) investors are increasingly reallocating their holdings to solid projects that promise huge returns. ZIg Network (ZIG) has emerged as a solid candidate for these investors.
What is Zig Network’s competitive edge?
How will Zig Network (ZIG) surpass the heights of Litecoin (LTC) and why are Dogecoin (DOGE) investors considering it for huge returns? Zig Network (ZIG) is an innovative layer 1 blockchain designed from the bottom up for revenue-sharing. It aims to reward every user and contributor who supports the growth of its community.
Zig Network (ZIG) already has multiple streams in place for generating revenue. Some of these include partnership earnings, staking fees and transaction fees. After a defined period, the total revenue from all these streams is collected and distributed fairly to token holders according to a public formula. This revenue is distributed according to the holdings so everyone is rewarded according to their investments.
Zig Network’s (ZIG) smart contract has already undergone a third-party audit and the team has committed to conducting regular audits to ensure stability and security.
To find out more about Zig Network, use the links below: