There has been a rally in Litecoin’s transaction count since the year began.
LTC may be due for a decline, as recent price rally seems to not be backed by any real demand.
Litecoin [LTC] has kicked off the year with a surge in transaction count, suggesting renewed interest and activity on the network, IntoTheBlock noted in a recent post on X (formerly Twitter).
Litecoin started the year strong, processing over 6.3 million transactions since the 1st of January.https://t.co/k1Oem7fVAg pic.twitter.com/WIXroezdaL
— IntoTheBlock (@intotheblock) January 10, 2024
According to the on-chain data provider, Litecoin has processed over 6.3 million transactions in the last 10 days. AMBCrypto found that the rise in the network’s transaction count is attributable to an uptick in its active address count since the year began.
Data from Glassnode showed that since 4th January, the daily count of unique addresses that are active on Litecoin, either as a sender or receiver, has risen by 17%.
We współpracy z: https://ambcrypto.com/litecoin-will-2024-be-a-good-year-for-ltc-traders/
