With only three months left until its halving in August, when the reward for mining new coins will split in half, Litecoin (LTC) is recording gains of over 20% in the last 10 days, making it another cryptocurrency next to Bitcoin (BTC) to witness price surges as its halving events approach.
Indeed, Litecoin has neared the important $100 price level after soaring to $93.25 in the early morning of May 17, which represents a 21% increase from $77.06, where its price stood at nine days before, according to recent data retrieved by Finbold on May 17.
Litecoin 7-day price chart. Source: Finbold
In the meantime, LTC is currently changing hands at $92.31, which represents an increase of 3.64% on the day and 16.29% across the previous week, as the crypto asset reverses losses of 6.75% accumulated over the past month.
Increased activity
At the same time, Litecoin is seeing increased activity on its network, as the number of its active addresses is recording a sudden massive increase, triggered b
We współpracy z: https://finbold.com/can-litecoin-hit-100-before-halving-as-network-activity-ramps-up/
