Litecoin X Account tweet say ‘I dey here for you, Dogecoin’
Litecoin official X account surprise crypto community for August 9 when dem post one Q*bert-inspired meme together with the message "I dey here for you, Dogecoin." Dis move show the historical connection between Litecoin and Dogecoin—Dogecoin built on top Litecoin’s Scrypt code and benefits from Litecoin’s merge-mining security—and e follow Litecoin own self-declare say dem move enter 'memecoin' level last November, wey first help push LTC price jump 15%. Litecoin also celebrate dem 300-millionth transaction for January 2025, confirm say na second most used cryptocurrency for payments after Bitcoin, according to CoinGate. Meanwhile, Dogecoin fundamentals show renewed strength: DOGE rise 8.5% over the past week, market capitalization stand $33.78 billion, and whales don collect over 230 million DOGE inside 24 hours, show say confidence dey grow for Dogecoin utility beyond memes.
Bullish
Di supportive meme tweet from Litecoin official X account dey highlight di historical merge-mining connection dem and e dey use meme culture to influence market sentiment. Last November, similar yarn cause 15% rally for LTC price, show how social media fit affect short-term trading volume. At di same time, big whale accumulation of DOGE—over 230 million within 24 hours—mean say investors confidence dey increase. Di combination of renewed hype for Litecoin plus active Dogecoin buying pressure fit boost trading activity and liquidity for both tokens. For long term, after di social media driven momentum settle, fundamentals like Litecoin position as top payment cryptocurrency and Dogecoin reducing inflation rate fit keep moderate price growth.