Litecoin’s continued strength in recent days has seen the coin become the 15th largest crypto by market cap, unseating Solana from the spot.
Litecoin Observes Strong Week, Gains Over 9% During The Period
The last couple of weeks have been terrible for most of the crypto market, as the crash triggered by FTX’s collapse has resulted in double digital losses for much of the sector.
Litecoin, however, has been different. While the initial plunge did affect LTC as well, the crypto has made a much better recovery than the other top cryptos.
During the crash, LTC’s price dropped down to as low as less than $50 (from a peak higher than $70 before the plummet), but the crypto has already retraced back above $60.
At the time of writing, Litecoin is trading around $61.8, up 0.5% in the last 24 hours. Here’s a chart that shows the trend in the crypto’s value during the last thirty days:
Looks like the coin has enjoyed an overall upwards trajectory in this period | Source: LTCUSD on Trad
We współpracy z: https://bitcoinist.com/litecoin-show-strength-overtakes-solana-market-cap/
