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Litecoin (CRYPTO: LTC) is trading higher some 12.3% to $69.10 over the trailing week amid recent, broader crypto sector strength. Several altcoins are gaining Friday, mirroring Bitcoin's roughly 2% session increase.
Since last weekend, the cryptocurrency market showcased a sluggish trend as most of the major altcoins are trading sideways following the BTC price. However, silver to Bitcoin's gold— Litecoin is defying market uncertainty to provide five consecutive green candles in the daily.
Litecoin has been under intense selling pressure in the past few months. After peaking in April, the coin has been trending lower, looking at the arrangement in the daily chart.
Litecoin's daily large transactions reach $2.85 billion, leaving Dogecoin, the OG meme coin, far behind.
The Litecoin (LTC) network has more than 9.2 million on-chain holders, and its whale activities have outshined top layer-one blockchains.
Litecoin (LTC) has witnessed superior on-chain activity compared to other prominent coins, such as Dogecoin (DOGE). Per data from IntoTheBlock, LTC processes an impressive $2.85 billion in transactions over $100,000 daily.
Litecoin (LTC) network, a veteran blockchain secured via the legendary proof-of-work (PoW) consensus mechanism, remained a favorite project among more investors. The mid-cap altcoin, with a fully diluted valuation of about $5.8 billion and a daily average traded volume of around $314 million, has more than 9.2 million on-chain holders.
Litecoin (LTC) is among the most widely used coins for simple payments. Nevertheless, fears and shorting keep the price stagnant.
Curious about where Litecoin's price is headed this month? Let's explore the factors that could drive Litecoin's value up
On-chain data indicates a sharp rise of over 464% in large holders' netflow to exchanges within the past seven days.
Litecoin (LTC) has witnessed a significant uptick in large-holder coin flow to exchanges in the last week.
Cryptos to Buy: Since last weekend, the crypto market has projected a sluggish trend following the consolidation in BTC above $55000. The sideways trend in most major coins indicates the market momentum stabilizing after the recent correction.
Crypto traders and investors continuously pour money into the presale of the DTX Exchange as the DTX is set for a rally in the coming weeks. According to crypto analysts, DTX has the potential for a 100X rally in 2024.
Litecoin (LTC), a prominent player in the cryptocurrency landscape, has captured attention once again with its intriguing 8-year cycle theory. As investors and enthusiasts alike speculate on the next peak potentially reaching $100,000, understanding the historical context and current market dynamics becomes crucial.
Litecoin's price might peak in October 2025, but things in the short term also looked quite bullish.
Prominent crypto analytics firm Santiment is unveiling a list of large-cap altcoins that may see short-term rallies following last week's correction. The crypto insights firm says on the social media platform X that the Market Value to Realized Value (MVRV) metric of seven altcoins has dropped to negative territory.
Litecoin (LTC) is facing a challenging period as miner reserves drop to their lowest levels since 2011. According to recent data, miner reserves have fallen to 1.61 million LTC, equivalent to $120 million, marking a 29% decrease.
Bitcoin, Litecoin and Tron are our top cryptocurrencies to watch this week after noteworthy performances amid a period of sustained selloffs.
Story Highlights LTC price could possibly reach a maximum of $187.27 by the end of 2024. Litecoin price with a potential surge could reach a maximum of $497.748 by the end of 2030. Litecoin price today is .
Litecoin is in a tough position right now, despite its latest hike. Will it be enough?
The crypto markets have left traders sweating as prices have dropped significantly. Bitcoin (BTC) has fallen off a cliff, losing the 200-day SMA and slipping below $55,000.
Litecoin (LTC), one of the prominent cryptocurrencies, has experienced a modest price increase of 2.18% over the past week, with its value reaching $73.22. While this uptick offers some optimism, market analysts warn of potential volatility ahead.
Along with other metrics, demand for Litecoin is falling and suggesting a move that could be at holders' expense.
The CoinDesk 20 index drops 4.2%, with XRP and LTC leading and no assets managing to trade higher.
