Litecoin and Chainlink Prices Cool Off Since Emergence of Viral ETH L2 Token Tipped for 16,000% Gains

Major altcoins take a backseat as new Ethereum layer-2 token captures investor frenzy—because nothing says 'sound investment' like chasing 16,000% returns in crypto.

Litecoin and Chainlink, two established players in the crypto space, have seen their momentum wane as capital shifts toward a newly hyped Ethereum scaling solution. The viral token, rumored to offer eye-watering gains, is drawing attention—and funds—away from more mature assets.

Market sentiment shifts rapidly—what’s hot today might be forgotten tomorrow. But when a project promises returns that would make even a hedge fund manager blush, you know the FOMO is real.

Remember: in crypto, today’s darling is often tomorrow’s tax write-off.

Litecoin price steadies as traders eye a shift in momentum

The Litecoin (LTC) price is holding firm at the $110 mark on Saturday, August 30, after a week of nearly 10% losses triggered by profit-taking near $120 and Bitcoin’s steep fall to $107,000. Despite the bearish pressure, momentum indicators suggest a possible turning point.

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CoinGlass data shows Litecoin futures volumes fell 33.8% to $596 million, while open interest held at $917 million, signaling traders’ reluctance to commit to fresh positions and hinting at a cautious market reset.

Meanwhile, Canadian firm Luxxfolio Holdings has filed a shelf prospectus to raise $73 million CAD (approximately 100 million CAD) over the next 25 months through the issuance of shares, debt, or other securities. The announcement marks a bold strategic shift for the company, which has transitioned from Bitcoin mining to making Litecoin (LTC) the core of its operations.

Chainlink price steadies as analysts eye breakout potential

Chainlink (LINK) is showing resilience despite broader market weakness, with its price consolidating within a triangle pattern that often signals a bullish reversal. A breakout above resistance could set the stage for a rally toward $100.

At press time, the chainlink price stands at $23.38, backed by $845.37 million in daily trading volume and a market capitalization of $15.85 billion. Adding momentum, SBI Holdings has partnered with Chainlink to advance digital asset innovation, boosting investor optimism.

Why Layer Brett is being tipped as the best crypto to buy now

Layer Brett (LBRETT) is redefining the meme coin playbook by merging viral culture with an Ethereum Layer 2 backbone. The meme project delivers lightning-fast transactions and minimal gas fees, solving Ethereum’s cost and speed bottlenecks while opening the door for millions of users to move assets seamlessly.

Layer Brett’s tokenomics strengthen the bullish case. With a capped supply of 10 billion tokens, LBRETT’s price is positioned to rise sharply even with modest inflows. Additionally, early staking rewards with an APY exceeding 1,900% encourage long-term holding, reducing sell pressure and cultivating a loyal community.

The roadmap adds further weight, with plans for cross-chain bridges, NFT marketplaces, and community-led governance that set it apart from pump-and-dump meme coins. This vision paints LBRETT as a sustainable ecosystem rather than fleeting hype.

Analysts now view LAYER Brett as one of the best cryptocurrencies to buy, forecasting ambitious growth. With projections placing it between $0.5 and $1 by 2026, LBRETT is quickly becoming a standout in the search for the next big altcoin story.

Layer Brett stands out as the best crypto to buy now

Litecoin and chainlink continue to prove their strength as established altcoins, but their maturity limits the explosive upside many investors crave. That’s where Layer Brett (LBRETT) comes in. By combining Ethereum Layer 2 speed, high staking rewards, lean tokenomics, and a meme-driven culture, the meme project delivers both utility and excitement. With tokens moving quickly at just $0.0053, LBRETT is gaining traction as the best crypto to buy now for those chasing the next big breakout.

Visit layerbrett.com to explore why this project is gaining ground fast as the best meme coin to buy in 2025.

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