LTC Joins Thumzup’s Expanding Crypto Treasury as Stock Surges 15%
Thumzup Media Corporation has significantly diversified its cryptocurrency treasury, now including Litecoin (LTC) alongside Ethereum (ETH), Solana (SOL), Ripple's XRP, Dogecoin (DOGE), and USD Coin (USDC). This strategic expansion aligns with the company's goal to hold up to 90% of its liquid assets in digital currencies. As of July 8, 2025, Thumzup's holdings include approximately 19.106 BTC valued at $2.1 million. The announcement has positively impacted the company's stock, which surged by 15%. This move underscores Thumzup's bullish outlook on the future of digital assets and its commitment to leveraging the growing crypto market for financial growth and stability.
Thumzup Expands Crypto Treasury with XRP, SOL, ETH; Stock Surges 15%
Thumzup Media Corporation is diversifying its cryptocurrency holdings beyond Bitcoin, adding ethereum (ETH), Solana (SOL), Ripple's XRP, Dogecoin (DOGE), Litecoin (LTC), and USD Coin (USDC) to its treasury. The move aligns with the company's strategy to hold up to 90% of its liquid assets in digital currencies. As of July 8, 2025, Thumzup holds approximately 19.106 BTC valued at $2.1 million.
The announcement fueled a 15.37% surge in Thumzup's stock (TZUP), closing at $10.96. Donald Trump Jr. acquired 350,000 shares worth $4 million through a private placement facilitated by Dominari Securities, where his brother Eric Trump serves as an advisor. The Trump family's involvement in crypto ventures continues to grow, with Eric also advising Metaplanet, a Bitcoin treasury firm.
Despite ambitious crypto and advertising technology plans, Thumzup reported lackluster Q1 financials: just $151 in revenue against a $2.2 million net loss. The treasury expansion signals confidence in cryptocurrency's role as a corporate reserve asset, even as operational challenges persist.
Litecoin Price Prediction: LTC Gains Momentum Amidst Solana and XRP Uncertainty
Litecoin's price has risen to $90.77, marking a 2.33% daily gain, with its market capitalization reaching $6.9 billion. Trading volume surged 29.67% to $510.12 million, reigniting interest in the cryptocurrency. Analysts speculate whether LTC could outperform solana and XRP this quarter, though newer projects like Remittix are drawing attention for their potential upside.
Litecoin's reliability and lower fees contrast with Solana's occasional network outages and XRP's regulatory challenges. While Solana dominates with its scalable dApp ecosystem and $84 billion market cap, XRP remains entangled in legal uncertainties. Litecoin's simplicity and security continue to attract developers, but its slower development pace raises questions about its ability to compete with emerging utility-driven tokens.
DeFi Tokens Outperform Legacy Cryptos as Bitcoin Hits All-Time High
Bitcoin's ascent to record territory has ignited a divergent response across crypto markets. While decentralized finance (DeFi) tokens and layer-2 solutions surge, legacy assets like Litecoin (LTC), Bitcoin Cash (BCH), and Monero (XMR) stagnate. The shift underscores changing investor appetites in this cycle.
Sei (SEI), Ethena (ENA), and Optimism (OP) lead the charge with 28% gains, dwarfing Solana's (SOL) modest 3.9% rise. "Altcoins are leading the pack in this latest rally," observes Kraken economist Thomas Perfumo, noting Bitcoin's declining dominance as capital rotates into riskier assets.
Market dynamics reveal a stark departure from previous cycles. Bitcoin's market share dipped to 63.5% during Thursday's rally—a reversal of the pattern seen during 2017 and 2021 bull runs. The divergence suggests institutional players may be driving capital toward blockchain infrastructure plays rather than first-generation cryptocurrencies.
