Litecoin’s [LTC] miners remained profitable despite LTC’s price witnessing a downfall since the last 30 days. Furthermore, regardless of LTC’s declining volume and market cap, there may be potential for LTC to grow. Here’s how… __________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Litecoin [LTC] for 2022-2023 __________________________________________________________________________________________ Let there be “LTC” According to CryptoCompare, a website dedicated […]
a social media analytics firm, Litecoin’s social engagements grew by 10.68% over the last week and social mentions grew by 11.68%.favor. The weighted sentiment for LTC was declining since the past week, indicating that the crypto community had a negative outlook towards the altcoin.LTC also witnessed a decline in its velocity. Litecoin’s volume, in the last 30 days, depreciated by 69.85% and stood at 329.22 million at press time.
Its Market Value to Realized Value ratio was also declining, indicative of a bearish short-term future.However, despite all the bearish activity, a spike in development activity was observed over the past few days.The MWEB technology allows users to make transactions on the Litecoin network with confidentiality. Furthermore, as per Litecoin’s latest, Litecoin’s new code was out for review. Furthermore, the LTC team was working with wallet developers and trying to improve on its documentation.
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