We were born from the same root, why rush to harm each other!
Dogecoin ($DOGE ) and Litecoin ($LTC ) are actually 'brothers',
DOGE is based on LTC's code and shares merged mining security.
In November last year, LTC self-proclaimed as a 'meme coin', and DOGE immediately responded with meme images, creating a lively atmosphere in both communities, even driving LTC to rise by 15% in a short time.
However, someone used this meme wave for the new Solana coin LESTER, prompting LTC's official clarification that it was unrelated.
Despite playing with 'emojis', LTC remains a payment expert, expected to surpass 300 million transactions by January 2025, with fast speed and low transaction fees, making it the second-largest payment coin in the world, second only to BTC.
Dogecoin is also not idle, with a market capitalization soaring to 33.7 billion, an 8.5% increase in the past week, and large holders frantically acquiring over 1 billion coins, with its payment potential gradually being recognized and inflation rate continuously decreasing.
Technically, DOGE's trading volume has been fluctuating greatly, currently oscillating between 0.22 (strong support) and 0.23 (resistance level); a breakout above 0.23 could trigger a new rise, while a drop below 0.22 would weaken sentiment.
This competition between the 'old brothers' in the crypto world, seemingly playing with memes, is actually a battle of payment strength and community confidence, with more excitement to come.