Dogecoin “Relative” Litecoin (LTC) Skyrockets 24% as Retailers…

Dogecoin “Relative” Litecoin (LTC) Skyrockets 24% as Retailers…

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Dogecoins DOGE/USD relative Litecoin LTC/USD has gained 23.80% in the last 24 hours FTX FTT/USD stand out.

What happened: At the time of writing, LTC was trading at $76.97, up 29.73% over the past seven days.

e More: Best cryptocurrency to hedge against inflation

Data from stock twits show that LTC is one of the hottest coins, meaning it’s popular with retail investors.

On CoinMarketCapLTC is ranked as the 13th largest cryptocurrency in terms of market cap, leapfrogging Shiba Inu SHIB/USD included. In terms of trading volume, LTC records a 123.12% increase from the previous day.

According to on-chain metrics provided by glass doorUsers are increasingly viewing Litecoin as a store of value.

early last week, LTC Foundation said that ovr 60 million Litecoin has been in cold storage for more than a year, sending bullish signals to investors.

price action: At the time of writing DOGE traded at $0.08177, up 6.92% in the last 24 hours, according to Benzinga Pro.

Continue reading: Bitcoin, Ethereum, Dogecoin Spike – Analyst Says “Good Chance BTC Hits Highs Here”

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