LITECOIN ORDINAL

The crypto market is on a different level because if you look are home page of coinmarketcap in few days ago, you see that every single coin is pumping. The are some important reason why these are pumping but for Litecoin, coder brings ordinal to Litecoin. Right now, ordinal inscription have been introduced to Litecoin and this means NFTs is coming to Proof of Work blockchain. The journey to introduce ordinal to Litecoin started on the 10th of February 2023 when an unknown tweeter user offered 5 Litcoin that is worth about $500 to anyone who can port ordinal to Litecoin. You should know that Litecoin was chosen next after Bitcoin in due to the fact that it is the only other Bitcoin which ordinal could work. Of course, Litecoin is faster and cheaper yet Bitcoin is more secure but because the MimbleWinble upgrade that was done on the Litecoin blockchain last year which strengthen it security, this is differentiator to Litecoin ordinal.

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Right now, Litecoin have ordinal and the cryptocurrency market is reacting because we are seeing some interesting price action recently. Some people might say that investing in Bitcoin and Ethereum is risk and they would say investing in Altcoins is even riskier and they would say investing in NFT is the riskiest. But the big question is that in the year 2023 that the federal reserve is aggressively raise interest rate, Why is NFTs pumping? The Ethereum trading of opensea skyrocketed in recent weeks so much that over $500 million NFT trading was executed over the past weeks as Blur reward program move to Opensea NFT marketplace.

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The main reason why Blur is gaining some attention in Opensea NFT market is that an upward movement in volume comes during a week in which Blur airdropped is BLUR governance token to NFT traders who earn reward is some kind of way in the NFT marketplace. In other words, Blur has gave that user of it platform and also the users of other platforms over this last year. The marketcap of the Blur network is over 400 million dollars and the BLUR token price is about $0.9652. It is no big surprise that all these NFT holder have some extra money, it seems that some of the NFT collectors used the airdropped token to buy NFTs and they are basically using Blur for their trade as it was revealed in the market data.

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