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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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LTC’s Network Activity Rises, XLM Faces Price Struggles, And DigiHorse Presale Stage2 Sells Out In 7 Days

September 3, 2024 By Crypto Reporter

As the crypto market continues to evolve, three tokens illustrate the diverse fortunes that can occur. Litecoin’s resilience, Stellar’s struggles, and DigiHorse’s rapid growth each tell a different story in the ever-changing space.

Litecoin’s Active Addresses Surpass Bitcoin

The “silver” to Bitcoin’s gold, Litecoin (LTC) seems to be living up to that reputation in terms of network activity. In spite of dropping 10.2% over the past 30 days, Litecoin’s market cap is still strong at $4.8 billion. This development is significant, especially given the bearish sentiment that has recently overshadowed the entire cryptocurrency market.

One of the key factors contributing to Litecoin’s resilience is the impressive increase in network activity. Five months after Coinbase launched Litecoin Futures, the number of active Litecoin wallets has skyrocketed, and surpassed BTC and ETH wallets. With over 300,000 monthly active addresses, Litecoin has strong fundamentals that could support a bullish price rally.

Stellar’s (XLM) Struggle to Shine

After briefly surging last month, XLM has failed to maintain its momentum. This has led to losses on the daily, weekly, monthly, and yearly charts. With a current price of $0.092, XLM remains a key token in the space, but its recent performance has frustrated investors and traders.

Several factors could be contributing to Stellar’s decline. These include long-awaited updates that are yet to be released and general instability in the cryptocurrency market. As Stellar continues to operate in the red, investors have begun to look at other alternatives that offer better earnings prospects. One such token that is gaining increasing attention is Rollblock, which promises a higher ROI, further exacerbating Stellar’s challenges. Unless market conditions change significantly or there is a breakthrough in development, Stellar may find it difficult to regain investor trust.

DigiHorse (DIGI) Presale Stage 2 Sells Out in 7 days instead of 30!

While some tokens are facing downward pressure, DigiHorse (DIGI) is seizing the awareness of XLM and LTC investors with its impressive presale performance. Stage 2 of DigiHorse’s presale sold out in just seven days, well ahead of the expected 30-day timeline. As of August 30, a whopping 7,490,896 $DIGI tokens sold out, and Stage 3 is already moving rapidly, with analysts predicting it could sell out even faster.

The excitement surrounding DigiHorse is driven by its innovative approach and the potential for significant gains. Analysts are particularly bullish on the DigiHorse Empires, and they project a possible 2100% return. This has spurred considerable interest in the presale. With the next stage of the presale seeing a 37.02% price increase, DigiHorse is positioning itself as a strong contender in the GameFi space.

This early success is not just about capturing short-term gains; it signals the project’s long-term potential. With a strategic vision extending into 2025 and beyond, DigiHorse is not just another token; it’s being viewed as a solid long-term investment opportunity. Investors who participate in the presale phase could potentially see exponential returns as the project continues to innovate and expand, making DigiHorse one to watch in the coming months.

Learn More About the Thrilling Opportunities of DigiHorse (DIGI) Presale Now!

Join the presale: https://digihorseempires.io

Socials: https://linktr.ee/digihorseempires

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: DigiHorse

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