Litecoin Spikes to $200 Million Market Capitalization in Five Hours
At 17:00 GMT on 7th November, alt-currency litecoin reached its first $100m market cap milestone with approximately 23m litecoins in circulation, trading at a high of $4.40. On 18th November at 17:45 GMT, litecoin crossed the $10 mark after spiking over 100% in approximately five hours bringing the litecoin market cap to well over $200m. At the time of writing the price of a single litecoin has retreated to approximately $5.60. Back in March and April this year, litecoin caught the market's attention when it spiked approximately 10,000% in a few weeks. The rise, which happened during the....
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While most of the Cryptocurrency market is down, one coin in particular has been moving a lot this week, in fact up 15% from the 11/22/2014 levels. The currency in regards, of course being Ripple. With a 24h volume of over 2 and a half million dollars, Ripples price per coin slowly approaches $0.015 per Ripple, which is impressive, considering total supply is 99,999,979,958 XRP. This price increase and subsequently market capitalization increase, of course, sets Litecoin even further down, despite the temporary bump to above $4, with Litecoin now at the mid $3 price point. However, the....
The last 24 hours went by without bringing in any highly significant change in litecoin price. LTC/USD still trades at $1.75 at the moment although there were some interesting movements throughout the day. The volume falls but does that affect litecoin price? In contrast to yesterday's $2m, litecoin's trading volume fell well below $1.2m today. However, today's trading patterns reveal the market is still extremely active. It's still noticeable that the market is doing well at avoiding bearish outbreaks and although LTC/USD climbed to $1.77 not many orders were executed at this level.....
Bitcoin has faced growing competition from newer cryptocurrencies, one of which is litecoin. Bitcoin was first introduced around 2008 in a paper by Japanese Satoshi Nakamoto and rose to fame for the next few years while litecoin was launched in 2011. According to its creators, litecoin could act as a secondary cryptocurrency to bitcoin, just as silver is a lower kind of precious metal compared to gold. As of this writing, litecoin has a market capitalization of around $75 million and is actually proving to be a rival of bitcoin, which is currently holding a market size of $4 billion.....
The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week.
Tesla Acceptance Pushes Dogecoin Up 20% This Week, Shiba Inu Gains Over 7%
After the electric car company, Tesla announced the firm would be accepting dogecoin (DOGE) payments, the meme crypto spiked in value almost immediately. At the time of writing,....
The litecoin price is facing the bullish effect that is haunting the bitcoin market over the few last days. LTC/USD dropped below $1.70, but bulls came to the rescue quickly. Hours after the low of $1.69 was hit, buying pressure pushed the litecoin price closer to the levels reached before today's crash. LTC/USD currently trades close to $1.73 while the market is still heavily pressured by large sell orders. Lower volume and resistance. While we did see some decent resistance at the $1.70 level today, the volume is still down. Although the resistance at the previous lows is visible, not....