Litecoin (LTC) rises 19% compared to the previous day... "80% of holders are in profit"

Source
Minseung Kang

Summary

  • Litecoin (LTC) recently rose 19%, gaining attention.
  • IntoTheBlock reported that 80% of Litecoin is in a profit state, marking the highest level since November 2021.
  • The recent rise of LTC is attracting interest from blockchain analysis firms.

Litecoin (LTC) continues its recent upward trend, with 80% of Litecoin holders reportedly in profit.

On the 2nd, blockchain analysis firm IntoTheBlock stated via X (formerly Twitter) that "recently, Litecoin is showing a (major resistance) breakthrough with 80% of holders in a profit state," adding that "this is the highest ratio since November 2021."

The price of LTC at 21:28 on this day is trading at $121.45, up 19.89% compared to the previous day, based on the Binance USDT market.

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?