The Nexchain project, focused on crypto presales, has achieved a significant milestone by raising over $8 million, while simultaneously, Litecoin demonstrates strong price growth due to corporate investments.
Nexchain Reaches New Milestone
In a post on X, the Nexchain team confirmed it has raised $8,034,260 towards its $8,475,000 goal in the ongoing presale. With NEX tokens currently priced at $0.096, the project anticipates a listing price of $0.30, suggesting a potential 313% return for early buyers. The team credited community support for this achievement, acknowledging both long-term backers and newcomers.
Litecoin Shows Strong Growth
While Nexchain progresses in its presale, Litecoin (LTC) is showing strong price movements in the market. The token trades near $124, reflecting a 41% gain over the past month. This surge follows MEI Pharma’s decision to purchase 929,548 LTC at an average price of $107.58, valued at over $110 million, making the company the first US-listed public firm to adopt Litecoin as a core reserve asset.
Airdrop and Testnet Engage Users
Nexchain's presale momentum is further supported by an active airdrop and an upcoming testnet launch scheduled for August 8. The airdrop started on July 14, allowing users to earn NEX tokens through simple participation tasks. This initiative has helped onboard new users while rewarding early engagement. The testnet will provide participants and developers the opportunity to experience transaction speeds and cross-chain functionality.
In conclusion, both Nexchain and Litecoin represent different strategies within the cryptocurrency space: one focusing on providing early access to new projects, and the other showcasing resilient growth driven by corporate backing.
