Innovation is key to staying ahead of the competition in the crypto space. While many projects and big players have fallen off due to a lack of innovative use cases, TMS Network (TMSN) is shaking up decentralized trading while reinforcing dominance over established players like L...
Litecoin (LTC)
Little over a decade after its introduction, the Bitcoin-inspired chain Litecoin (LTC) is under many investors’ radars as it aims to be a better Bitcoin in terms of TPS, hashing power, and blockchain transaction time. Barely six years after its introduction, Litecoin (LTC) exploded in popularity and clinched a billion-dollar valuation in 2017.
Like Bitcoin, Litecoin (LTC) lacks smart contract compatibility, a roadblock that has hindered its widespread growth and adoption. Unfortunately, bearish market conditions and low hype for its upcoming halving event are beating the Litecoin (LTC) token’s value to the ground.
Currently, the Litecoin (LTC) token is trading at $91 – about 77% below its all-time high price of $412. While this seems challenging, Litecoin (LTC) still maintains its position as one of the top 15 cryptocurrencies by market cap and can regain support to move upside after halving.
Polygon (MATIC)
Polygon (MATIC) has been one of the top-performing layer-two chains this year. Since the year started, the Polygon (MATIC) token has gained 35% as bullish sentiment grows after the zkEVM launch. Despite this, Polygon (MATIC) remains behind several Ethereum L2 networks and even TMS Network (TMSN)’s record-breaking presale rise.
Undoubtedly, Polygon (MATIC) has brought a new age of scalability with its wide range of solutions, including Commit Chains and roll-up technology for anyone to enjoy incomparable efficiency and scalability. Despite recent developments and upgrades within Polygon (MATIC), its token has lost a huge chunk of its all-time high value of $2.92.
Currently, the Polygon (MATIC) token is trading at $1.022, a 65% loss from ATH value. However, analysts are confident of a recovery for the token as the new Zero-Knowledge technology generated massive buzz among enthusiasts and developers. In fact, over 50 companies have revealed their intentions to build their projects with the new zkEVM.