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REGULATION
by
2 years ago

Litecoin Reaches New High Amid Crypto Bear Market

2023-05-31

REGULATION
by
2 years ago


Bitcoin is digital gold, while Litecoin represents itself as a digital silver. Litecoin shares many similarities with Bitcoin, it is decentralized and it uses proof-of-work mechanism. Litecoin is 4 times faster than Bitcoin, it can process a transaction in 2.5 minutes. Litecoin has a limited supply of 84,000,000 LTC. It has a circulating supply of 73,038,451.81 LTC. Litecoin ranks 12th largest crypto by market cap.

 

Litecoin price has increased from $34.0 per LTC to $91.79 per LTC. That is a 170% gain in just a period of 5 months.

 

What can we learn about Litecoin rally?

Crypto investors should collect good coins and good tokens when the prices are low. In this way investors can maximize profit.

 

 

 

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