Litecoin (LTC) has printed a positive price surge as sentiment around halving increases.
The Litecoin protocol has been getting reasonable traction in total transactions.
Litecoin (LTC) is one of the cryptocurrencies that has maintained a bullish stand since the beginning of this year. The token is currently trading at $94.94, indicating a more than 10% increase in the last 24 hours.
This is one of the most significant percentage gains which the token has had in a single day since March 12, although there have been some fluctuations in the price. The upcoming halving event is believed to be responsible for this upward trend in Litecoin price.
The price gain has played a pivotal role in bolstering the confidence of investors in the coin. Many are beginning to see the possibility of LTC making them millionaires, hence, they have turned their desires into demand. In the last few hours, the volume of LTC traded in the market was $483M, or 1.52% of the total volume of all cryptocurrencies.
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