Litecoin (LTC) has been making significant strides as observed in the news. The crypto coin's blockchain maturity indicates a quiet bet for the long term. Analysts predict LTC could potentially make more gains than Ripple (XRP) and other cryptocurrencies by 2025. In addition, LTC's recent price dip is seen as a setup for a massive rally, targeting $200. Institutional backing and commodity status have boosted LTC's attractiveness, positioning it for massive gains post $123 breakout. LTC has bounced back from a $100 support, with market experts suggesting a 12,320% rally. A listing on Unilabs further empowers this prediction. Comparisons with Bitcoin have further highlighted LTC’s affordability despite being one of the top altcoins.
As cloud mining becomes easier and more affordable, LTC continues to gain ground, with the coin breaking three-year consolidation patterns amid surging payment adoption. Furthermore, halving speculation has triggered an 11% rise in LTC amid a cryptocurrency market rally. ETF hopes and increased merchant activity have further surged its price by 10%. With the ongoing trends, LTC is prepared for a $136 breakout amid strong support levels. As a result, LTC whales are significantly accumulating the coin, believing it to be undervalued. A top analyst suggests that LTC could potentially hit $1100 by 2026. Lastly, MEI Pharma's decision to use Litecoin as its treasury asset, initiating a $100,000,000 private placement, has notably boosted LTC. This move makes MEI Pharma the first and only publicly-traded LTC holder on a national exchange.
LTC Coin News Analytics from Wed, 26 Feb 2025 08:00:00 GMT to Wed, 27 Aug 2025 19:56:00 GMT -
Rating 6
- Innovation 2
- Information 6
- Rumor 3
