Litecoin attracted the attention of the crypto community by supporting Dogecoin with memes, which not only strengthens their connection but also highlights market activity.
Support for Dogecoin Through Memes
Litecoin shared a Q*bert-inspired meme stating "I'm here for you, Dogecoin." This playful post quickly caught the attention of Dogecoin supporters, who viewed it as a public show of solidarity between the two cryptocurrencies.
Growing Transaction Volumes of Litecoin
In January 2025, Litecoin completed its 300 millionth transaction, confirming stable network development. According to CoinGate statistics, it ranks as the second most used cryptocurrency for payments, just behind Bitcoin. Litecoin offers low fees and rapid transaction processing, making it appealing for users.
Market Situation for Dogecoin
Dogecoin is also showing momentum lately, with its price rising an average of 8.5 percent over the last week due to intense whale activity. Over 230 million DOGE were purchased within a day. The trend of increasing popularity in using Dogecoin as a payment method is backed by a decreasing inflation rate.
Litecoin’s support for Dogecoin not only highlights shared community roots but also coincides with growing transaction activity, attracting investor attention.