Odaily Planet Daily News: The Litecoin (Litecoin) X account stated that it has been almost a week since the Litecoin X account published the meme phrase 'Due to current market conditions I now identify as a memecoin.' This is a light-hearted mockery of the current state of the cryptocurrency market, as well as a self-deprecating admission. Despite being one of the oldest and most reliable cryptocurrencies in the world, Litecoin's achievements have been overshadowed and largely ignored in recent years. Greg (@greg16676935420) created a new mascot for Litecoin, but unfortunately, a group of people immediately took that mascot and created a 'lestercoin' on the Solana blockchain using it. Litecoin stated that it has no connection with projects using the Lester name or likeness on Solana, nor does it endorse or acknowledge their intentions; it is not the official mascot of Litecoin. Additionally, Litecoin will continue to uphold the belief that 'Bitcoin is gold, Litecoin is silver,' striving to be the preferred method for global payments and transactions of goods and services, and this has not changed.