Is LitCoin the next Dogecoin?
Elon Musk tweeted on May 15, 2021:
https://twitter.com/elonmusk/status/1393738154889338884
Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.
Following the launch of Ethereum-compatible L2 chains like Polygon (MATIC), for the first time, tokens using Proof-of-Stake consensus mechanisms can transact with 100–1000X cheaper fees and a 100–1000X improvement in block throughput.
For the first time in history, we have the technology to create a truly Lit currency, for the people.
LitCoin, the latest memecoin-like collectible token using L2 scaling technology (as an ERC20 on Polygon), is currently trading it’s first week post-launch at $0.000000000371 per LitCoin on QuickSwap, delivering on Elon’s wish. https://golitcoin.com
(It’s worth noting that LitCoin has no inherent monetary value. Its entire utility is in the potential to inspire lit vibes across the digital metaverse. For some enthusiastic collectors, those digital lit vibes are priceless.)
What’s a memecoin?
A memecoin is a digital asset based on a culturally significant joke. They flip the world of finance on its head, making complex financial systems light and fun to use. Taking the stage after NFTs, fungible collectible currencies are the next great “digital flex.”
