With Bitcoin’s backing, Litecoin spikes 5% in a week
The post With Bitcoin’s backing, Litecoin spikes 5% in a week appeared on BitcoinEthereumNews.com. Litecoin’s supporter says LTC may continue to follow Bitcoin’s trend into the bull cycle. HODLers have stopped cashing out and accumulation has taken over. Bitcoin’s [BTC] impressive run in the last few weeks has kept its “lighter version” Litecoin [LTC] on the sidelines. Despite not getting the same audience as the king coin, LTC has had a relatively good last 30 days, as its price increased to $66.38. Realistic or not, here’s LTC’s market cap in BTC’s terms A rise for BTC is a rise for LTC Meanwhile, the price increase is not the only notable development that has occurred within the Litecoin network. According to Crypto-Keys.com founder and Litecoin supporter Shan Belew, Litecoin’s fair network value has been rising since 22 October. Litecoin’s fair network value today keeps rising. It is now at $1249 – $3178. This range will rise as Bitcoin rises into the full bull market. It sounds crazy but 30k isn’t out of the question this cycle. $LTCUSD pic.twitter.com/w8kI6kNzWg — Shan Belew Ⓜ️
The post With Bitcoin’s backing, Litecoin spikes 5% in a week appeared on BitcoinEthereumNews.com.
Litecoin’s supporter says LTC may continue to follow Bitcoin’s trend into the bull cycle. HODLers have stopped cashing out and accumulation has taken over. Bitcoin’s [BTC] impressive run in the last few weeks has kept its “lighter version” Litecoin [LTC] on the sidelines. Despite not getting the same audience as the king coin, LTC has had a relatively good last 30 days, as its price increased to $66.38. Realistic or not, here’s LTC’s market cap in BTC’s terms A rise for BTC is a rise for LTC Meanwhile, the price increase is not the only notable development that has occurred within the Litecoin network. According to Crypto-Keys.com founder and Litecoin supporter Shan Belew, Litecoin’s fair network value has been rising since 22 October. Litecoin’s fair network value today keeps rising. It is now at $1249 – $3178. This range will rise as Bitcoin rises into the full bull market. It sounds crazy but 30k isn’t out of the question this cycle. $LTCUSD pic.twitter.com/w8kI6kNzWg — Shan Belew Ⓜ️
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