Litecoin — a cryptocurrency project created in 2013 and initially considered a serious alternative to Bitcoin, “declared” itself a memecoin.
Apparently, to the developers Litecoin is haunted by the rapid growth in popularity and the rate of memecoins. Thus, meme tokens Dogwifhat (WIF) and Pepe Coin (PEPE) have risen significantly in price after being listed on major American platforms Coinbase and Robinhood. PEPE has grown by more than 200%, reaching a record high of $0,00002597. The rate of WIF, a meme coin based on Solana , jumped 65% in one day after listing on Coinbase.
The cryptocurrency market also responded positively to the humorous rebranding Litecoin , and the price of LTC increased by 21%.
In a subsequent post, the cryptocurrency development team addressed the crypto community, calling on its members to unite in the face of mounting regulatory pressure. They also called on various blockchains to unite in the “fight against the machine.”
We are at a crossroads in our fight against the machine. In the end, we are all memes. Discover your inner meme and join forces with us. From the highest to the lowest, your voice will be heard, - the message says.
Team Litecoin addressed the first token meme Dogecoin with a request to draw up a manifesto. Polygon was tasked with merging blockchain networks, and Solana should "stand back and wait for the ball." There is a serious subtext behind this humorous post, which once again points to the problems with regulation by the American authorities.
