A monthly long setup for an increase has just been introduced to us by Litecoin, with the coin experiencing a significant surge to the $86.42 mark with a 24 percent climb in the last 24-hours.
Its market cap as increased for almost $1 billion since yesterday being (as for the time of the writing) $4.5 billion and a daily volume of an amazing $1.36 billion market – According to Coinmarketcap.
The trading volume are bumping the price up with demand and trade, like mostly recently the Asian Exchanges pairing LTC with KRW or CNY. Bithumb leading with a $307 million 24-hours volume, followed by OKCoin.cn and Huobi.
The positive news for Litecoin all started with the Segregated Witness being activated on the BTC blockchain network successfully, followed by its creator Charlie Lee comments for the Lightning Network 0.3 enabling Cross-chain swaps based on the “atomic swap”
Even that “The Golden Coin” Bitcoin is its direct rival to “The Silver – Litecoin”, the dominator has helped on the value hoist of the digital currencies in general. Its significant climb reaching $4,800 is news that spread around like fire and the interest in a global scale towards virtual currencies and their tokens has risen which mostly includes the Top-Cryptos on the list.