The crypto landscape continues to experience rapid change and uncertainty, as highlighted by recent news impacting Litecoin, Cardano, and the meme coin memecoin-performers">Pomerdoge.
Litecoin has faced heavy selling pressure since Binance announced it would delist LTC and close all positions by August 24th. The move is part of Binance’s strategy to reduce BUSD pairs. LTC has dropped nearly 20% monthly and 4% in the past day amidst the bearish news.
Meanwhile, Cardano founder Charles Hoskinson launched the testnet SanchoNet for the CIP-1964 upgrade, marking the beginning of Cardano’s Voltaire governance era. This will give the community more control over Cardano’s future. However, ADA prices remain depressed, down 13% monthly.
On the flip side, the new meme coin Pomerdoge has seen demand surge. The play-to-earn crypto integrates gaming and NFTs in its ecosystem. Pomerdoge is currently in the presale stage, offering exclusive NFT access and rewards of up to $150,000 for early buyers. At $0.009, POMD presents potential for major gains.
The developments underscore the volatility inherent in crypto. While LTC and ADA face bearish technicals, meme mania propels untested newcomers like Pomerdoge. Caution remains prudent in navigating such a dynamic landscape.
