NewsBTC
2022-11-07 22:56:48

Litecoin (LTC) Leads Gains With Over 24% Increase In The Week

Litecoin (LTC) has recently completed its most bullish week since June, following a remarkable rise. The “digital silver” registered over 24% gains in the last seven days alone. There’s no main catalyst for the token’s impressive rise. However, its gains come amidst its hash rate reaching a new all-time high during the week. Furthermore, it has started the week off on a positive note by confirming its partnership with Wanchain. As far as the network’s interoperability is concerned, this news is a big win. Related Reading: Hive Blockchain Bucks The Bearish Trend By Holding $68 Million In Bitcoin Litecoin Joins Polygon To Lead the Top 20 Tokens In Gains In the previous week, Litecoin has gained 24%, propelling it into the top 20. These gains come despite other tokens in the top 20 league registering substantial losses and few gains. For instance, Bitcoin, the mother crypto, only gained around 1.65% in the past week, per CoinMarketCap metrics. In fact, no token in the top five positions recorded up to 5% gains. Besides Litecoin, Polygon is the other top-20 token with massive gains in the previous week. The Ethereum layer-2 protocol, MATIC, was seen showing gains of 40%. LTC began a run on October 21 after reaching a low of $49.55. But November is setting up to be a bullish month for the altcoin. Since the beginning of the month, Litecoin has seen five consecutive days of rising prices. On November 7, it set a new intraday h...

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约