Crypto Market Volatility: Litecoin Rallies, Meme Coins Slump, and Dogecoin Holds Crucial Support
The cryptocurrency market experienced significant volatility on March 10th, 2025, marked by contrasting fortunes for various tokens. Litecoin is poised for a potential rally, while meme coins and other altcoins face challenges. This article provides an overview of these developments.
Litecoin Rallies Amidst Whale Activity
Analyst Ali Martinez predicts a strong upside burst for Litecoin (LTC) due to significant whale activity. Martinez reports that whales have accumulated $43,825,600 in LTC in just two days. The token is currently trading within a range of $135 and $98, hinting at potential price fluctuations.
Meme Coin Season? Pump.fun Tokens Drop to September 2024 Lows
The recent price decline of prominent memecoins like LIBRA and TRUMP has led to decreased user interest in Pump.fun-generated meme tokens, pushing their prices back to September 2024 lows. This raises concerns about the continuation of ‘meme coin season’.
Dogecoin Eyes Explosive Rally – But Needs Support
Dogecoin (DOGE) faces a crucial moment. While analysts predict an explosive rally to $2.74 if support holds at $0.17, the coin has struggled to surpass the $0.20 mark. The current consolidation near $0.17 is a key support level, making it vital for DOGE to maintain this value to fulfill the rally potential.
Altcoin Losses and Bitcoin Dip
Popular altcoins Dogecoin and Cardano experienced more than 10% drops on Sunday, though they subsequently saw slight recoveries. These declines coincided with Bitcoin dipping below $83,000.
ONDO Cryptocurrency Potential Surge?
ONDO Finance’s native cryptocurrency is experiencing a trading volume surge this week, with Friday reaching over $440.31 million. This could potentially propel a 110% surge in March if trading volume holds.
Disclaimer: This analysis does not constitute financial advice. Investment in cryptocurrencies involves significant risk and potential for loss.