Litecoin has seen an impressive 50% rally this year! 🚀 It briefly dropped below $87 during the recent market crash, but is now trading above $107. The network growth and increased user engagement are supporting this rally.
Daily active addresses have reached 401,000, indicating Litecoin’s increasing usage. Long-term investor confidence is also high, with 53.9% of LTC having not moved in over a year. 📈
Analysts are predicting Litecoin could reach $500. Technical indicators could be a sign of a potential rally. Could Litecoin be the “surprise horse” in the next crypto rally? We’ll see!