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Litecoin [LTC] soars by over 29% in the past few hours; Bitcoin [BTC] follows the silver coin


Litecoin [LTC], the Vegeta to Bitcoin’s Goku, has been taking the lead in the market since the beginning of the day. The coin seems to have successfully emerged from the bear market and has even claimed the fourth position.

According to CoinMarketCap, at press time, Litecoin was trading at $42.66 with a market cap of $2.58 billion. The coin has recorded a trading volume of $1.43 billion and has surged by over 29% in the past 24 hours. The coin started its bull race when it was valued around $32.65 earlier today, showing a rise of over $10 in its price. In addition, this rally was much anticipated by several Litecoin traders in the market, with some claiming that the price would over $50 soon.

Litecoin one-day price chart | Source: CoinMarketCap

Litecoin one-day price chart | Source: CoinMarketCap

Litecoin price chart | Source: Trading View

Litecoin price chart | Source: Trading View

Market speculators have listed down several reasons for the coin’s rally in the market. Some speculate that Charlie Lee’s announcement pertaining to MimbleWimble implementation on Litecoin has…



Read Full Story : AMBCrypto

2019-02-08 18:00:19

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