1H
0.69%$0.6648
24H
-2.05%$2.03
7D
8.78%$7.83
30D
1.00%$0.9605
LTC price lost over 8% amid a broader crypto market sell-off, but an analyst gave a 10x rally prediction amid the Litecoin ETF launch.
Litecoin price rose to $99 after Canary’s LTCC ETF launched in the U.S., pulling $1.65 million in its first week.
Canary Capital Group submitted paperwork to register a Litecoin ETF and HBAR ETF with Nasdaq on Oct. 27. The filings arrive amid a regulatory shift favoring cryptocurrency ETF approvals and follow the SEC’s withdrawal of delay notices for multiple altcoin products.
Litecoin price has gained 15% to hit $130. LTC has entered the top 20 cryptocurrencies, with a $10 billion market cap.
Litecoin (LTC) is facing a defining moment as it trades near critical resistance around $132 while its ETF approval reaches the final stage.
Litecoin (LTC) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network. These effectively allow a greater amount of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin. Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.
Here, we explore the future potential of Beam coin and provide you with insight on how high its price can go in the short and long term to help you make a weighted investment decision.
Simple Agreement for Future Tokens (SAFT) allows investors to inject money into a startup to convert that stake into equity in the future.
