Whales Dump PEPE, Litecoin Eyes Meme Coin Throne

Litecoin, the seventh-largest cryptocurrency by market capitalization, has seen a significant rise in its price recently, with whale activity playing a major role in its resurgence. In the past two days, four whale addresses have chosen to liquidate their PEPE holdings, including one that deposited 430 billion PEPE (approximately $6.39 million) into Binance nine hours ago. Another whale, marketparticipant.eth, deposited 325.5 billion PEPE (approximately $4.9 million) into Binance 24 hours ago. Additionally, an address starting with 0xb1a2 sold 200.88 billion PEPE at a price of 2.85 million USDC in the last 48 hours, while another address starting with 0xC7ac deposited 140.83 billion PEPE (approximately $1.98 million) into Binance two hours ago.

Despite the recent sell-offs, Litecoin's prospects remain strong for both the short-term and long-term. The launch of the TRUMP and MELANIA meme coins has captured significant attention in the meme coin market, siphoning liquidity and hype away from established players like Litecoin. However, tier-1 exchange listings including Coinbase and Robinhood, and frequent Litecoin transfers to cold storage wallets have positioned Litecoin for a major rally when extreme greed permeates the market as part of the fear and greed index. Litecoin's ardently loyal community and its history of rapid price surges during challenging market conditions highlight its impressive resilience.

However, Litecoin's primary challenge in this bull run lies in overcoming its market cap constraints, which make replicating its explosive 2024 performance difficult. The expected altcoin season could provide the perfect environment for a resurgence, as influencers like Murad predict a meme coin supercycle in 2025. As retail investors flood back into the market and seek familiar names, Litecoin's accessibility on major platforms and its reputation as a meme coin pioneer will likely work in its favor, likely evolving to become a top three meme coin in the coming months over Shiba Inu.

Looking ahead to the next bull run in 2029, Litecoin could position itself as the next Dogecoin. With consistent visibility, strategic partnerships, and an active community, Litecoin