I will post the latest news about cryptocurrency.
Charlie Lee, founder of Litecoin said that he had no plan to purchase Litecoin in the short term or even wouldn’t do it. Nine months before, he sold out all the LTC that he held.
Buy on dips
During an interview with CNBC, Lee talked about the price trends and popularity of Bitcoin and Litecoin. When asked if it is possible to hold Litecoin again, he said it was unlikely.
The host asked Litecoin price is about $60. Does this represent a buying opportunity? He replied that bargain hunting is a good strategy, but only if you can do
Darkness moment of Litecon
Last year, Lee sold a stir in the community because he sold all the Litecoin that he had held. Due to the clearance at the highest point ($350), community commentators believe that Lee deliberately created a market panic in Litecoin market that caused investors to lose money.
Lee said at the time that the clearing of Litecoin was to focus on the development of this cryptocurrency.
This year is a special year for Lee and Litecoin. However, some people still makes a fuss about Lee’s clearance. Furthermore, the Litecoin Foundation and TokenPay announced that they would buy a German bank in July. It was supposed to a good thing, but because of the negative image of TokenPay, it has brought a lot of trouble to Litecoin.
So, basically, nothing happened or maybe it won't happen in the future.Lee’s sale of litcoin turned out to be silently prophetic. Price has done nothing but drop. As others have said in our Litezcoin section, development seems to have slowed to nothing. No new payment gateways, no new partnerships, no new apps...nothing.
Dogecoin: A weirdo in cryptocurrency
At the beginning of 2018, "Have you bought a Doge cryptocurrency?" It has become a greeting of the majority of the folks. It is unlucky to buy Dogecoin in the Year of the Dog. It is also said, and it has already doubled the price at the beginning of the year, compared with 2017. The Dogecoin price for the year, that is a proper hundred times.
In fact, the Dogecoin originally originated from a joke.
Jackson Palmer, who once worked in the marketing department of Adobe's Sydney office, is a cryptocurrency enthusiast. He has published such a tweet that "investing in dog money must be the next explosive event." Many people disagree with this, but one Called Jackson Palmer, I didn't think so, so I bought the domain name of Dogecoin.
Then this Jackson event caught the attention of Billy Markus, a Polish who wanted to build a new cryptocurrency category. In Markus’s own words, ‘My first reaction was that the Dogecoin sounded too funny. The second reaction was that I had to make this coin.’
In this way, Markus used the code of the Litecoin to derive the Dogecoin in 2013, thus making it more separated from Bitcoin. If the Litecoin is a child of Bitcoin, then the Dogecoin is the grandson of Bitcoin.
Different from the expensive and arrogant bitcoin, this kind of cheap and sturdy Dogecoin style has attracted the public's attention from the beginning. Shortly after the launch, it was blasted in the foreign forum Reddit. In less than two years, it has surpassed the popularity of Bitcoin and Litecoin. It was once the second largest currency after Bitcoin.
Of course, behind the success of the Dogecoin is relying on the Dogecoin community, a community that is proficient in marketing, and clearly focused on charity and funny propaganda.
For example, the one-handed dog coin expression pack plays the stalk fire Reddit, and the smashing and cute dog currency sucks countlessly; the community raises 5w dollars through dog money, and the Jamaican sleigh team participates in the Olympic champion; sponsors the Kenya clean water project; raises For $55,000, he sponsored a driver in the form of a dog coin to let him ride a dog with a dog coin on the Talladega highway; he even said that he took the Dogecoin to the moon.
The current Dogecoin market cap is $$594,145,375, ranked 22nd. Dogecoin is still very popular.