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Litecoin (LTC) has experienced a tremendous rally, with its price surging by an astonishing 10.02%. This article delves into the catalysts behind Litecoin's impressive rally, analyzes the factors contributing to its surge, and discusses the implications for investors.
A British civil servant resigned after being caught illegally mining Litecoin at a nuclear research facility during the height of the COVID-19 pandemic.
Despite the overall unfavorable sentiment towards altcoins, Litecoin (LTC) has emerged as a bright spot in the market. With a significant uptick in network activity and increasing mainstream adoption, LTC showcases its resilience and appeal.
Litecoin (LTC) price is up 18% since dropping to $72 last Thursday. Resilient long-term investors are doubling down on their bullish positions, which appears to be driving the ongoing price rally.
Litecoin awaits its third halving on 2 August 2023, an event that will slash block rewards to 6.25 LTC from 12.5 LTC. Invezz.com reported that the altcoin gained upward momentum as the halving countdown began. Nonetheless, Litecoin's forecasts have encountered challenges recently, considering the current regulatory wave and Bitcoin price volatility.
The Lossless team recently announced the expansion of its activities. In fact, the Aegis smart contract monitoring system offered support for six blockchains: Ethereum, BNB Chain, Polygon, Fantom, Elysium and Harmony.
Network activity on Litecoin witnessed a significant uptick over the last week, with jump in daily active addresses and new addresses.
Bullish sentiment around Litecoin has been on the rise as the network is drawing closer to its much-anticipated halving event. This positive sentiment is reflected in the number of new daily addresses on the blockchain, which has seen a significant rise over the last week.
On 8 May 2021, DOGE reached an all-time high of $0.73. As a result, between January and May 2021, Dogecoin increased by 13,900%, generating incredible wealth in a short period of time.
The Litecoin (LTC) price has been confined to a narrow range after the June 10 plunge.
Litecoin (LTC), one of the oldest cryptocurrencies, continues to witness network growth in 2023 ahead of its halving event scheduled for August.
Litecoin price has sank recently along with the greater crypto market, despite not being named a security by the US SEC. The downward pressure has the altcoin at risk of forming a death cross on the daily timeframe.
The strength in the S&P 500 and weakness in the U.S. dollar index could limit the short-term downside in Bitcoin and select altcoins.
The weekend has begun with the ongoing correction of the cryptocurrency market.
Litecoin's total number of accounts surpassed that of Ethereum as the former crossed the 200 million mark recently.
Litecoin's total number of accounts surpassed that of Ethereum as the former crossed the 200 million mark recently.
Litecoin (LTC) is on the spectrum of digital currencies that are relatively underperforming today, in terms of price growth. The cryptocurrency is down by 0.11% over the past 24 hours as its price plunged to $77.26 at the time of writing.
Shiba Inu (SHIB) and Zcash (ZEC) are recovering after sharp sell-offs last week. XRP is approaching a long-term resistance area.
The Litecoin (LTC) price is trading at a make-or-break support level that could be crucial in determining the future trend.
The Litecoin (LTC) ecosystem has grown to more than 9.5 million users around the world according to on-chain data. As the third largest proof-of-work (PoW) blockchain and one of the oldest crypto assets with deep liquidity, the Litecoin network has attracted crypto investors due to its short-term prospects.
Bitcoin price is showing some strength, and charts suggest BNB, LTC, OKB and QNT could follow?
Can Litecoin reach $1,000 by the end of 2023? To gain a deeper understanding, let's delve into this Litecoin price prediction article.
Litecoin, frequently appertained to as the” tableware to Bitcoin's gold,” is a popular cryptocurrency that has gained significant attention in the digital request. Created by Charlie Lee, Litecoin was designed as a briskly and lighter volition to Bitcoin, offering advantages similar as faster sale evidence times and a unique mincing algorithm.
Litecoin posted 6.1% gains over the past 24 hours to advance its rally from the $72 support level.
