Hedera and Ripple were also top performers, each gaining 6%.
Historically, a surge in short-term holdings as this holds great significance in that it usually marks a turning point in the market.
Interesting and unexpected narratives continue to rule the crypto market and influence asset prices on it when, amid a new wave of meme mania, market old-timer Litecoin (LTC) announced that it too is identifying itself as a meme cryptocurrency given current market conditions.
Litecoin is a well-established, but neglected coin, which is yet to recover its all-time high from 2021.
Litecoin just jumped into the meme coin craze with a funny tweet, sparking a quick 15% surge in its price!
As Bitcoin momentarily reached a new all-time high above the $93,000 mark, the Litecoin rally is beginning to shape up. Crossing over the $80 mark, a Morningstar patent teases a bull run ahead for Litecoin.
Litecoin's price surged 15% to $82.25 after a strategic social media post identifying as a memecoin, driving a 33% increase in trading volume and sparking widespread community engagement
Litecoin is likely showing interest in joining the meme coin sector following the recent market frenzy, as per a post that says “I now identify as a memecoin” due to current market condition. Dogecoin reacted and welcomed the move and asked fans to suggest a mascot.
TL;DR Litecoin has launched Wrapped Litecoin (WLTC) on the Ethereum network, enhancing interoperability and providing users access to Ethereum's DeFi applications. WLTC allows Litecoin holders to participate in staking, lending, borrowing, and yield farming, previously inaccessible on the Litecoin blockchain.
Litecoin, known as Bitcoin's silver, drops below $74 amid market pressure. Can it bounce back, or is further downside ahead?
Litecoin experiences surge in spot inflows and trading activity, leading to increased volatility and substantial liquidations across exchanges.
Litecoin price has pulled back significantly, dropping from $81.17 on November 12 to around $73.10, marking a notable decline of 7.6%.
Litecoin is partnering with Coinut, a Singaporean crypto exchange, to offer Wrapped Litecoin (WLTC) tokens on Ethereum. These tokens will increase interoperability between the two protocols with access to new features.
Litecoin spot and derivative soar as interest in the cryptocurrency peaks but this may have led to a surge in liquidations.
Litecoin price rose to $82.69 on Tuesday, November 12 as the rally in the crypto industry continued. It then pulled back and was trading at $76 at press time as the recent surge took a breather.
The Litecoin network has grown to over 7.7 million on-chain holders, as institutional investors seek to have an ETF approved in the U.S. soon.
After establishing a robust macro support level above $59 since August 2023, Litecoin's (LTC) price has signaled an imminent bullish breakout in the near term. The mid-cap altcoin, with a fully diluted valuation (FDV) of about $6.4 billion, registered a 107 percent spike in its daily average traded volume to hover around $1.
Following Donald Trump's victory in Tuesday's election, members of the crypto community are celebrating a renewed sense of hope for their ETF ambitions. The change in political leadership is seen as a potential turning point for the approval of cryptocurrency ETFs focused on altcoins such as Solana, XRP and Litecoin.
TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.
LTC price rose by 1.5% on November 5, reaching an intraday high of $67.20. Litecoin remains in a correction after falling by 12% from its highest level in October.
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.
The volatility across the cryptocurrency landscape has skyrocketed ahead of the U.S. election. Amid this, Litecoin (LTC) has reached a make-or-break level that could potentially lead to the liquidation of millions of dollars in traders' positions.
Bitcoin's volatility is expected to pick up after the US elections, and charts suggest that ETH, DOGE, LTC and XMR could be the first to follow.
Canary Capital, an Australian asset management firm, has officially filed with the US Securities and Exchange Commission (SEC) for a spot Solana ETF (exchange-traded fund). This filing, announced on October 30, follows similar ETF applications by the firm for other cryptocurrencies.
Litecoin (LTC) is currently at a pivotal point in its trading journey, drawing significant attention from both buyers and sellers. As of October 29, 2024, the altcoin was trading at approximately $69.98, reflecting a slight decline of around 1% in the past 24 hours.
After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.
Will Litecoin's sellers drive it back to its key support levels?
Litecoin (LTC) has been a familiar name in the cryptocurrency world since its discovers, often considered a faster and cheaper alternative to Bitcoin. Recently, however, Litecoin's value has dipped, as broader crypto market conditions influence its price trajectory.
Litecoin (LTC), currently ranked the 19th-largest cryptocurrency, has experienced surging inflows in the past week. This move is fueled by hype surrounding a potential Litecoin Exchange-Traded Fund (ETF).
Litecoin (LTC) is among altcoins to record slight gains on Monday as Bitcoin (BTC) price spiked above $68k again. This comes as cryptocurrency investment products recorded another mega inflows week, despite BTC struggling as bears rejected the advance above $69k.
The digital asset inflows last week reached a staggering $901 million with Bitcoin dominating a lion's share of the total flows. BTC has turned out to be investors' favorite this month in October ahead of the US Elections in November.
Litecoin (LTC) is making waves in the cryptocurrency world, with a significant increase in on-chain activity that could hint at a potential recovery. In just the past week, a staggering 512.8 million LTC has been transferred on the blockchain, amounting to around $36.6 billion.
Litecoin has recently recorded its highest weekly transaction volume since May 2023. The surge in network activity has ignite speculation about whether this increase could lead to a bullish move in Litecoin's price.
Litecoin's average holding period of 2.6 years surpasses Ethereum.
Litecoin has been back in the headlines for some time. The reason behind this is the altcoin's growth over the past week.
Litecoin, often referred to as the “silver to Bitcoin's gold,” has long been one of the most prominent altcoins. With a current price of $69.1 and a market capitalization of approximately $5.87 billion, LTC ranks 20th in the cryptocurrency market.
On-chain data shows Litecoin has recently recorded its highest weekly volume since May 2023. Here's what this could mean for the asset's price.
Litecoin's on-chain activity has hit a yearly high with 512.8 million LTC moving over the past week
Litecoin received a major boost last week when asset management platform Canary Capital filed for the listing of a spot Litecoin exchange-traded fund. Now Litecoin founder Charlie Lee says he believes the US Securities and Exchange Commission will give a greenlight for the spot Litecoin ETF.
Litecoin founder Charlie Lee recently spoke about enthusiasm for the ETF application, especially regarding rising institutional interest in Litecoin and possible approval. He also pointed out the importance of the demand, reflected by the more than daily 2% growth of the Grayscale Litecoin Trust, which is currently trading at more than double its NAV.
Litecoin has achieved a remarkable milestone, recording $4 billion in intraday trading volume. This achievement, marking a 16-month high, reflects a surge in interest from both investors and the general public in the world of digital currencies.
SUI reached an ATH a week ago, indicating a potential top. The next bottom will establish the entry point needed to beat its rivals.
Litecoin bulls showed up this past week, making Litecoin one of the biggest gainers among the top cryptocurrencies.
During a low volatility Saturday, the Litecoin price surged 3% to trade at $75.3. The bullish trajectory is likely fueled by on-chain recovery and a major breakout from price.
Following the filing of the spot Litecoin Exchange Traded Fund (ETF) in the United States, social engagement around Litecoin (LTC) has skyrocketed. Amid this attention from the crypto community, the LTC price has experienced an impressive price surge and is now poised for another significant rally in the coming days.
After experiencing a major setback during the first half of “Uptober”, the cryptocurrency market has regained momentum with blue chip tokens breaking out of their important resistance level this week. On the other hand, the Litecoin price has achieved its July high.
On-chain data suggests developments in these two Litecoin indicators could explain why the cryptocurrency has seen its latest price surge.