After entering the world of UFC as previously reported in our altcoin news, Litecoin will now tap into the world of movies and celebrities in Hollywood as an official sponsor of the Mammoth Film Festival.
The Litecoin Foundation is now an official sponsor of the movie festival held in California starting today until February 11.
All of the money prizes will be handed out to Filmmakers in Litecoin and the LTC team will help all of the celebrities setup their wallets so they can use their tokens right away. This amazing cryptocurrency has already made a mark in the UFC after they sponsored major fights. Ben Askren, an amazing UFC fighter has openly praised the cryptocurrency.
Hollywood will now be more open to crypto since many celebrities are joining the crypto space. Many popular people will attend the festival such as Jean-Claude Van Damme, Dax Shepard, Olivia Munn and King Bach such as many social media celebrities as well. Charlie Lee, the founder of Litecoin said:
“When we (Litecoin Team) spoke to the festival’s founders, they immediately expressed the growing enthusiasm and support for Litecoin we’re seeing amongst the filmmaking community. As we push for mainstream adoption, it makes sense to partner with a festival that is comprised of people who bring new ideas and visions to the world through the content they create, and one we can grow with through the years. ”
The president of the Mammoth Film Festival said that it is a huge deal for the festival to look forward in the ‘’ever-changing landscape’’ into the world of tech and praised Litecoin as the perfect organization that fits all of their ideas.
Five Altcoins To Watch This Spring Besides Bitcoin: Analysis
Ripple’s XRP Token Is Officially The Worst-Performing Asset Of 2019
Tron Casino Goes Missing, Players Left With Worthless Tokens
The Great Altcoin Boom May Be Around The Corner
“Rug pull senses tingling. I managed to make it here up in $BTC, up in $USD. Going to keep it that way – tethering ~75% of my $crypto holdings. Playing with the rest. Maybe I get left behind, but I don’t think so.”Despite Bitcoin's increased dominance which now sits at its all-time high of 54.2%, the technical perspectives show that the great altcoin boom on the market is likely to produce a boost - and that the future altcoin news may show us a lot of new capital and confidence from investors. However, this altcoin boom is only possible if Bitcoin sees a strong upside movement and stabilizes above the crucial resistance levels. Currently, the daily spot volume of BTC is at around $580 billion which is still a big up since the first week of March - and a good sign that the great altcoin boom may be around the corner.
Join us on Facebook
- Five Altcoins To Watch This Spring Besides Bitcoin: Analysis
- Philip Morris Tobacco Producer To Develop A Public Blockchain
- Crypto Criminals Prefer Bitcoin According To Blockchain Forensics
- Ripple’s XRP Token Is Officially The Worst-Performing Asset Of 2019
- Tron Casino Goes Missing, Players Left With Worthless Tokens
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Blockchain News4 days ago
Serena Williams Gold Medals Winner Invested In Crypto Exchange Coinbase
Altcoin News3 days ago
Crypto Traders Are Leaving Other Altcoins To Buy Bitcoin, Why?
Altcoin News1 day ago
Euro Poll: Cryptocurrencies Will Still Be Around In Ten Years Time
Altcoin News2 days ago
New Crypto Survey Shows Mixed Opinions By 10,000 Respondents
Bitcoin News1 day ago
The Identity Of Satoshi Won’t Be Revealed Soon By John McAfee
Bitcoin News2 days ago
Bitcoin Dominance Hits 4 Month High, Climbing At 54.2%
Altcoin News1 day ago
Tron Foundation CEO Will Reportedly Partner With FC Liverpool
Blockchain News1 day ago
Coinbase Engineers Get Laid Off After Chicago Office Shuts Down