Litecoin, as soon as described because the crypto silver to bitcoin’s gold, is now apparently self-identifying as a meme coin. The daring new strategy has already seen it debut a brand new low-effort mascot, undertake a sassy tone on social media, and throw X-rated shade at its altcoin rivals.
The stunt seems to have been timed to coincide with bitcoin’s newest bull run that has inevitably carried numerous meme cash to new highs additionally.
Since November 13, Litecoin’s X account — which has historically centered on posting basic promotional materials and articles about its progress — has adopted a much more irreverent tone. Up to now, it’s referred to as its followers “crypto beaches,” made a Uranus joke, and referred to recent consumers buying Litecoin as “taking the L.”
Earlier at present, the account additionally implied that Solana is an “extreme pussy.”
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As a part of the meme coin rebrand, Litecoin has additionally adopted a swiftly drawn stick man as its mascot.
Since Litecoin’s rebrand, the price of LTC has elevated from $72 on November 13 to $83 at press time. It can even be hoping that the publicity surrounding its change of path goes some technique to enhancing its picture provided that many had been starting to query the forex’s relevance.
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Certainly, even Litecoin’s personal X account joked about its less-than-stellar price motion, posting, “BREAKING: $LTC RECLAIMS $84 FOR THE 10,000,000TH TIME IN THE PAST 3 YEARS.”
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