Litecoin, known for its steady formation, reached 91 dollars as of the time it was written, and it broke all records just like bitcoin. The reason for the record is showing the stability of litecoin as well as the positive weather in the market. Litecoin's thought crypto, which will be up to $ 100 per year, is quite dominant in the money lending.
Given all the trades in the stock market, Litecoin's trading volume is around $ 381 million in the 24-hour time frame. This transaction also records as a record for litecoin volume.
Litecoin is reported to have the highest transaction volume of the stock exchanges GDAX and Bitfinex, followed by Bithumb's two stock exchanges. Another thing that the transaction data shows is that the highest 3 trading pairs consist of nominal currencies. This shows that a significant amount of new hot money enters the digital money market.
The crypto market is on fire
The ongoing growth of Litecoin is just one of the outstanding features of the digital money market lately. Apart from Bitcoin and Ethereum, many subcodes, especially Monero and Dash, broke their own records all the time.
Bitcoin's steady rise in other crypto-moneys besides its journey to the moon suggests that the crypto money market will grow even larger in the near future. In the past, when BTC had risen, other subcoins had experienced a huge decline. The current price trend reveals that altcoin is well accepted on the market.
Litecoin's future
Perhaps the most important reason for the rise of Litecoin is the recognition of potential by market players. Together with the record price, LTC's market volume stood at $ 5 billion. We will testify as a market that prices will continue to rise in the coming days.
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