The total number of wallet addresses of Litecoin increased by 1 million to hit 8 million after declining from its peak in November 2023. 
Analysts expect LTC to hit $150 as no crucial resistance level appears to be found after $100. 
Litecoin’s (LTC) on-chain activities boom ahead of the much anticipated Bitcoin halving as the number of wallet addresses grows by more than 1 million in the last 12 months. As of March 28, the total number of wallet addresses was 8 million. Data also shows that the number of active addresses is following a similar trajectory as it nears 350,000.
According to reports, the number of Litecoin addresses has experienced steady growth since 2020, reaching its peak in November 2023 before declining. 
In terms of crypto payment transactions, Litecoin is reported to have surpassed Bitcoin, Ethereum, and Dogecoin, accounting for 41.76% of the total transaction counts in February 2024. The increase in investors’ interest in the asset was also seen in the 80%

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