
Litecoin Hashrate Hits Record Highs Amid Flat Price
Litecoin’s network hash rate reached an all-time high of 1.31 PH/s, indicating growing strength and security despite recent sideways price action around $70.
Litecoin’s network hash rate reached an all-time high of 1.31 PH/s, indicating growing strength and security despite recent sideways price action around $70.
Litecoin holds strong technology fundamentals but remains below key levels, while new meme token NuggetRush gains momentum in its ongoing public presale.
The Hong Kong cryptocurrency exchange HashKey has announced the upcoming listing of Litecoin (LTC) on its platform for professional investors, with deposits and withdrawals now enabled ahead of LTC/USD trading going live on January 12th.
Litecoin (LTC) outperformed all major tokens, including Bitcoin (BTC), to become the most used cryptocurrency for payments in December, despite experiencing an 11% market value decrease.
Recent on-chain data shows increased accumulation from Litecoin miners and whales, signaling a potential price breakout ahead if key resistance levels can be broken.
As the crypto bull market returns, Litecoin, THORChain, and newcomer Galaxy Fox emerge as top tokens poised for major rallies and generational wealth creation.
Litecoin has witnessed surging on-chain activity recently, with over 300K daily active addresses and 7,400+ whale transactions.
Solana has emerged as the top-performing altcoin in recent days, with SOL price up 38% from September lows and 2.43% over Bitcoin, while FTX’s estate notably staked 5.5 million SOL worth $122 million.
In June 2023, Litecoin shattered a 770-day descending resistance trendline and surged to a new yearly high of $116, signifying a major breakthrough.
Litecoin’s price faces further downside risk after flashing bearish signals unless key support around $62-$65 can halt the decline.