Those of you who follow me know that I am currently holding a race between Solana and LiteCoin to see which coin I can acquire an entire token for for free first. To start with LiteCoin had all of the advantages. It had the head start of 0.16 before Solana even got off the mark.
To counter this, Solana had it's own advantages the most significant of which is that I am adding most of my Publish0x tips (converting from USDC with a target of 5 USDC a month), but I am also staking it. However, this locks it up and my LiteCoin is not locked up which means it is more readily available for day-trading. That aside, most of my LiteCoin is coming from Cointiply (which is on fire at the moment) and CoinPayU / RewardJoy, which conversely is a real slow burner. With both platforms I take off almost as soon as I am eligible to do so, when the minimum thresholds are reached.
The difference in price also makes a difference on the fiat value and the purchasing power too with LiteCoin being of lesser value than Solana. So when it comes to converting LiteCoin (based on acquisition not value) is more lucrative. As an approximation, USD$1 will buy me 0.21 LiteCoin, whereas USD$1 will buy me 0.013 Solana (price checked 21 July 2025). So the ratio is almost halved. I am using the dollar rather than my native fiat (GBP) because I receive the free funds in USD. The point is that it goes a lot further when purchasing LiteCoin than when it is purchasing Solana and in the race this gives LiteCoin a distinct advantage.
Additionally both of being accumulated through DutchyFaucet - which I think we have to count as an even input between them.
What I expected was for Solana to steadily overhaul LiteCoin's lead, especially with the converted P0x USDC coming in monthly, and then to shoot off way ahead. What has actually happened is that Solana did edge past LiteCoin, but now LiteCoin has come back and retaken the lead.
Finally, what makes the race even more interesting is that, based on something I saw on DutchyFaucet, a game-changing event might take place in about 10 days time. LiteCoin is currently looking likely to be the next coin of the month, so in addition to the faucet (which Solana also gains from) it it going to gather up a lot more. We also have to remind ourselves of the lack of parity in acquistion power in favour of LiteCoin due to it being a lower value token.
Of course the vote could change.
The Current State of Voting for DutchyFaucet's coin of the month for August.
With both coins currently on or around the 0.85 mark the race is really hotting up. I have been comparing it to the tortoise and the hare. Well, here is a newsflash, the hare has woken up and now it is just a matter of who gets across the line first!
I am still anticipating September, but we'll see.
As always stay safe and well my friends.
