Litecoin (LTC) has been having a rough time pumping its value since 2022’s big market meltdown. The majority of cryptocurrencies likewise was experiencing the same misery. Since last month, however, the (bear) market has shown indications of resurgence (well, depending on which cryptocurrency article you are reading), allowing LTC to reach $63 by the middle of this month. The public’s interest in cryptocurrencies has varied drastically over the past several years. It has piqued the curiosity of investors, whose passion with cryptocurrencies has increased with time. Bitcoin, which has become synonymous with producing crypto millionaires and growing people’s digitized fortune, has been the central objective of this enthusiasm. Related Reading: Bitcoin Cash Loses 10% In Last 24 Hours, Despite 40% Hike In Trading Volume Litecoin Flexes Muscle In Last 24 Hours Since Bitcoin’s inception, hundreds of different crypto assets have been created or split off of it. Litecoin, a Bitcoin offshoot or more technically ‘fork’, is one of these altcoins, the term for non-Bitcoin cryptocurrencies. Litcoin, on the other hand, has distinguished itself by showing greater indications of recuperation in the last 24 hours, with a performance gain of over 2%. LTC’s growth over the past 24 hours was even higher compared to leading cryptocurrencies such as Bitcoin and Ethereum. As of this writing, Litecoin is trad...
