Source: TheMerkle.com
The balance held by short-term Litecoin (LTC) investors has increased significantly, rising 31% over the past month.
These surges among short-term holders are not unusual, often appearing at market bottoms or before substantial price rallies.
The balance held by short-term $LTC holders is moving up, increasing by 31% in the last month.
These spikes happen relatively frequently, usually occurring around bottoms or before major spikes in price. pic.twitter.com/yNeNDkpb9U
— IntoTheBlock (@intotheblock) November 12, 2024
In a strategic move, Litecoin has partnered with Coinut to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain.
This integration enables LTC holders to tap into Ethereum’s extensive ecosystem, unlocking access to staking, lending, and decentralized
Read More https://themerkle.com/litecoin-sees-rise-in-short-term-holder-activity-as-wrapped-litecoin-launches-on-ethereum/
The post "Litecoin Sees Rise In Short-Term Holder Activity As Wrapped Litecoin Launches On Ethereum" appeared first here TheMerkle.com.
Source: TheMerkle.com
