Only 1,032 Addresses Control Over 60% Of All Litecoin (LTC) In Circulation
1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege?
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1,032 addresses control over 51.2 million Litecoin (LTC) in circulation, on-chain data from BitInfoCharts on May 15. Litecoin Under Siege?
The crypto space is witnessing a roller coaster ride ever since the Bitcoin price marked an interim high close to $31,000. The majority of tokens, including the star crypto, have been trading in a bearish trend, with multiple attempts to rise to fail.
Litecoin has been gaining some momentum since the start of the year with a focus on its next Halving event which is a few months away.
In a recent series of tweets, analyst Alex of crypto proprietary trading firm Scimitar Capital raised concerns about the future
The trend of creating fungible token standards has continued with Dogecoin creating its own. The introduction has helped the meme keep Litecoin and Bitcoin pressured.
Litecoin is riding on massive surges as of today's market session, rallying over 7% within a day. This surge comes as the LTC network adopts the Lightning network technology.
As a forerunner in global cryptocurrency mining solutions, KuCoin Pool is expanding its services with the introduction of Litecoin and Dogecoin joint mining pool services. This move is a strategic response to the recent LTC halving event and its subsequent impact on the mining community.
Exploring the top cryptocurrencies to watch in 2023 for potential winners and opportunities in the evolving crypto market.
The Litecoin (LTC) price broke out from its short-term pattern and could have initiated a rally.
As Litecoin approaches its third halving, analysis shows this to be its most pivotal to date. Litecoin halving A recent tweet thread from Alex of crypto proprietary trading firm Scimitar Capital posed the question of “whether Litecoin even needs to exist anymore.
Litecoin and Lido DAO have emerged as the top performers from the top 50 alts today.
The digital currency ecosystem is seeing a definitive recovery today as Bitcoin (BTC) and most altcoins are in the green. Litecoin (LTC) is among the protocols seeing an impressive price jump today after it printed a 7% upsurge to pare off some of the losses it has incurred in the past week.
Popular memecoin cryptocurrency Dogecoin (DOGE) has witnessed a massive surge in daily number of transaction, surpassing Bitcoin with total transaction reported to be 628.209k. The surge has followed surge in Dogecoin price, which is up 1.42%.
While the broader cryptocurrency market has come under selling pressure, the Litecoin (LTC) price has shot up by more than 7.59% in the last 24 hours and is currently trading at $87.05 with a market cap of $6.3 billion. Litecoin has participated in the crypto market rally this year and shot past $100 twice in
Although Litecoin's current support seems to be holding up well, the halving is still more than two months away. This is enough time for the current momentum to run out of steam.
Buyers seek to use $80 psychological level to stem bearish slide and rally prices toward April highs.
Created a "lighter" Bitcoin, Litecoin has now followed in the BRC-20 step, developing its own LTC20. This has skyrocketed participation on the network.
Popular Bitcoin hard fork and one of the earliest cryptocurrencies, Litecoin (LTC), have recorded some interesting network activity in recent times. According to data from the on-chain analytics platform, Santiment, the number of daily active network addresses on Litecoin has increased by over 400,000 since the start of May.
Santiment on-chain data aggregator has reminded the community about the upcoming halving of Litecoin, which will take place in August this year. Halving is a programmed event after which proof-of-work miners begin to create half the number of coins and their rewards also drop by half.
Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.
LTC reached a significant milestone lately. However, the bulls seemed disinterested in hovering around LTC thanks to LTC's disappointing performance on the price front.
The Litecoin (LTC) price could break out from its short-term pattern and initiate a rally
Litecoin, the resilient silver to Bitcoin's golden plight, triumphs as accumulation soars and active addresses surge, fueling its unique crypto narrative.
Litecoin (LTC), one of the oldest and most primitive cryptocurrencies after Bitcoin price has maintained a notable bearish trend for a long time. Despite being a ‘Lite version of Bitcoin' LTC price failed to grab the attention of the market participants and hence continues to trade within narrow ranges.