LTC’s daily chart turned red, and market indicators were bearish.
Most indicators suggested a further downtrend.
Litecoin [LTC] has witnessed a massive surge in its network activity of late, reflecting a hike in its adoption and usage. Though at first glance, this incident looked optimistic, the coin’s price failed to react positively.
Litecoin’s network activity remains promising
Ali, a popular crypto analyst, recently posted a tweet highlighting the fact that Litecoin’s network activity has risen in the recent past.
On December 20, #Litecoin witnessed its biggest surge in new $LTC address creation in over two years! A staggering 1.27 million #LTC addresses were generated in just one day. pic.twitter.com/REVeVQzwdQ
— Ali (@ali_charts) December 24, 2023
As per the tweet, on the 20th of December, Litecoin witnessed its biggest surge in new LTC address creation in over two years. This was the case as the blockchain registered 1.27 million addresses being created in jus
We współpracy z: https://ambcrypto.com/litecoin-sheds-value-despite-high-activity-heres-why/
