Coinspeaker
Nov 3, 2025
5 0

Maxi Doge Presale Raises $3.88 Million with Growing Investor Interest

Litecoin (LTC) is experiencing selling pressure, with an 8% drop in the last 24 hours, testing support at $90. This decline follows a recent high above $100 due to the launch of Canary Capital Litecoin ETF.

Market Outlook for Litecoin

  • LTC's price has fluctuated between $90-$100 after falling from $130.
  • The Canary Capital Litecoin ETF was launched, initially boosting LTC's price over $100.
  • Crypto analyst Crypto Patel suggests a potential surge to $500-$1,000 in the next altcoin cycle.
  • Patel considers current levels below $90 as a strong accumulation opportunity.
  • Despite not hitting a new all-time high post-halving, there's potential for a breakout within a year.

Technical Analysis

  • CryptoWZRD advises caution; LTC closed indecisively in its latest session.
  • Holding above $101.50 is seen as bullish, with risks of further decline if it falls below this level.

Litecoin ETF Performance

  • Canary Capital Litecoin ETF has gathered $1.64 million in assets under management.
  • The fund holds nearly 18,000 LTC, acquiring 5,000 LTC on its first trading day.

Maxi Doge (MAXI) Presale

  • Maxi Doge presale raised close to $4 million, attracting investor attention.
  • Key features include staking rewards and planned partnerships for perpetuals-based trading.
  • Current price: $0.000266
  • Funds raised: $3.88 million