On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC’s value has observed. Litecoin HODLers Currently Control The Majority Of Supply In a new post on X, Litecoin’s official handle talks about how the asset supply is distributed between its different cohorts right now. The investors have been divided into the groups in question based on holding time. There are three such cohorts relevant here: Traders, Cruisers, and HODLers . The first of these, the Traders, refers to the investors who bought their coins within the past month. This cohort includes the new investors and short-term traders of the market, so the supply held by them is constantly in motion. Holders that make it past the one-month cutoff are put into the Cruisers group. This cohort represents the side of the sector that has the potential to evolve into a resolute wall. Investors that hold past the one-year mark without moving their coins even once can be assumed to have lived up to this potential and are put in the HODLers category. Below is the chart from the market intelligence platform IntoTheBlock shared by the Litecoin X account that shows how the supply held by each of these three groups has changed over the course of the network’s history: As displayed in the graph, the supply held by Litecoin Traders has observed an increase recently, which suggests the older cohorts have been breaking their dormancy. It’s also visible, however, that the Cruisers have witnessed their supply moving sideways at the same time, implying the coins on the move have been older than one year. That is, the HODLers have potentially been participating in a selloff . These investors generally tend to be quite resolute, but it’s not unusual to see them taking profits during bull runs. The decline in their supply has also not been anything too significant so far. More importantly, the latest crash in the Litecoin price hasn’t caused these investors to panic and sell. After the decrease, the HODLers carry 40.5 million LTC in their wallets, equivalent to almost 54% of the total LTC supply. A lot of this supply is also actually much older than one year, as the cryptocurrency’s handle has revealed the average holding time on the network is 2.4 years per token. Something to note is that while selling registers immediately in the supply charts of the older cohorts, buying isn’t the same. Whenever the Cruisers or HODLers see an increase in their supply, it doesn’t mean that accumulation is happening in the present, but rather that it occurred one month or one year ago. This is naturally due to the fact that coins have to age up sufficiently first in order to be counted among these cohorts. In contrast, transactions instantly reset back their age to zero, which is why selling is immediate. LTC Price At the time of writing, Litecoin is trading around $102, down 15% over the last week.
Litecoin recorded 401,000 daily active addresses in 2024, a 10% increase. Grayscale Investments continues to accumulate Litecoin, enhancing its market position. Continue Reading: Litecoin Experiences Growth in Active Addresses and Market Interest The post Litecoin Experiences Growth in Active Addresses and Market Interest appeared first on COINTURK NEWS .
Litecoin has seen a rise in daily active addresses in 2024, with an average of 401,000 addresses interacting with the network daily. This represents an increase from the 366,000 daily active addresses recorded in 2023. The growing activity showcases Litecoin’s resilience and continued relevance in the cryptocurrency space. Litecoin Daily Activity Grows 10% in 2024 as Active Addresses Reach 401,000 According to recent IntoTheBlock data , Litecoin recorded a 10% year-over-year increase in daily active addresses in 2024. This reflects sustained user engagement and adoption of the network for transactions and other blockchain activities. The report also highlighted that the coin achieved a new peak in activity earlier this year. On a single day in January 2024, 1.37 million active addresses were recorded, surpassing daily activity levels observed in Bitcoin and Ethereum for the same period. The surge in network activity in early January marked an important milestone. The record 1.37 million active addresses on that day highlighted the token increasing adoption. This surge reflected its use for peer-to-peer transactions and various other utilities across the network. This spike coincided with increased market volatility, suggesting that traders and investors may have turned to Litecoin as a reliable medium of transfer. More so, the network’s lower transaction fees and faster settlement times compared to competitors contributed to this surge. Miners’ Stabilized Selling and Its Influence on LTC Price The rise in Litecoin network activity was complemented by miners’ decision to stabilize their reserve holdings in late December. This followed a period of significant sell-offs during a market downturn, which saw miners offload 210,000 LTC in just five days. As miners halted their sales, price rebounded from a monthly low of $87 to retake the $100 resistance level. Reduced selling pressure, coupled with a steady increase in active addresses, created a favorable environment for a potential bullish trend. Additionally, Grayscale Investments has been actively accumulating Litecoin during the recent market downturn. Most recently, the company purchased 2,230 LTC on Thursday, bringing its total 30-day accumulation to over 41,100 coins. This positions Grayscale as one of the largest institutional holders of the token, with assets valued at over $220 million. At press time, Litecoin is trading at $102.27, reflecting a 41.29% gain over the past year. Its market cap stands at $7.7 billion, with a 24-hour trading volume of $746.82 million. According to recent LTC price predictions , the token is showing strong bullish momentum, signaling a potential breakout soon. Analysts point to key technical indicators that suggest further upward movement. If the bullish trend persists, Litecoin price could reach a target range of $140 to $150, with the possibility of surging to $200 in an extended rally. The post Litecoin Records Growth In Daily Active Addresses In 2024: Report appeared first on CoinGape .
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is trading at 3319.53, down 2.9% (-98.37) since 4 p.m. ET last Friday. Three of the 20 assets are trading higher. Leaders: LTC (+2.5%) and UNI (+2.2%). Laggards: APT (-14.8%) and AVAX (-6.0%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
As the cryptocurrency market continues to shift, traders from established platforms like TRON and Litecoin are increasingly turning their attention to Lightchain AI Finance, anticipating a massive 5000x rally by December 2024. Known for its unique combination of artificial intelligence and blockchain, Lightchain AI offers a powerful alternative to traditional cryptocurrencies. Its innovative features, such as the Artificial Intelligence Virtual Machine (AIVM) and Proof of Intelligence (PoI) consensus, are designed to enhance decentralized applications and unlock new possibilities for industries like finance, healthcare, and supply chain. With its presale priced at $0.003, Lightchain AI is already gaining traction among traders looking for high-potential assets. As the platform's roadmap progresses with key milestones in 2025, including the testnet launch in early 2025 and mainnet in March 2025, investors see significant upside potential, positioning Lightchain AI as the next big disruptor in the blockchain space. Rise of Artificial Intelligence in Blockchain The rise of artificial intelligence (AI) in blockchain is a game-changer, and Lightchain AI is at the forefront of this revolution. By integrating AI with blockchain technology, Lightchain AI unlocks new possibilities for decentralized applications, offering more efficient, scalable, and secure solutions than traditional platforms. While cryptocurrencies like TRON and Litecoin focus on financial transactions, Lightchain AI is paving the way for industries such as finance, healthcare, and supply chain management, where AI-driven applications can address complex challenges. The platform’s Proof of Intelligence (PoI) consensus mechanism rewards valuable AI computations, making it an appealing choice for both developers and investors. With its unique approach and a roadmap that includes key milestones like the 2025 testnet and mainnet launches, Lightchain AI’s ability to combine AI with blockchain sets it apart, positioning it for significant growth as AI continues to redefine the future of decentralized networks. Potential for a 5000x Rally Lightchain AI has a remarkable potential for a 5000x rally by December 2024, driven by its groundbreaking integration of artificial intelligence and blockchain technology. As more traders from platforms like TRON and Litecoin recognize the platform’s unique value, the presale price of $0.003 presents an opportunity to invest early before the platform achieves full market adoption. Lightchain AI’s roadmap, with major milestones like the testnet launch in January 2025 and the mainnet rollout in March 2025, further bolsters its growth prospects. With its focus on scalable AI-powered solutions and decentralized governance, Lightchain AI stands out as a disruptive force in the blockchain space. As industries such as finance, healthcare, and supply chain seek more advanced, AI-driven solutions, Lightchain AI’s innovative approach positions it to see explosive growth, making it a strong candidate for a potential 5000x rally in the coming years. 5000x Rally: A Long-Term Perspective Lightchain AI’s potential for a 5000x rally by December 2024 is driven by its long-term vision and unique technological advancements. Unlike traditional cryptocurrencies, Lightchain AI focuses on integrating artificial intelligence with blockchain, offering scalable, AI-powered solutions that have real-world applications across industries like healthcare, finance, and supply chain. Its decentralized governance model empowers the community to drive decisions, ensuring sustainable growth. Key milestones on its roadmap, such as the testnet launch in January 2025 and mainnet rollout in March 2025, lay the groundwork for substantial future adoption. With a strong foundation and increasing investor interest, Lightchain AI’s innovative approach positions it to disrupt the market, making it a prime candidate for significant returns. If the platform continues on its growth trajectory, it could easily achieve a 5000x rally, proving its worth as a long-term investment. When to Invest in Lightchain AI With its potential for a 5000x rally and innovative approach, many traders are wondering when is the right time to invest in Lightchain AI. While every investor’s risk tolerance and investment strategy varies, buying during the presale presents an opportunity to get in early at a low price before the platform reaches full market adoption. Lightchain AI presale tokens are priced at $ 0.003 , and as the platform progresses towards its key milestones in 2025, including the testnet launch and mainnet rollout, the price will likely increase. Investors who recognize the potential for a 5000x rally by December 2024 may see significant returns if they invest early and hold long-term. And with the rise of AI and blockchain technology, Lightchain AI’s unique value proposition positions it as a strong contender for sustained growth in the future. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Litecoin (LTC) merge mining is turning into a tool for both security and exposure for new tokens. A small new family of assets is emerging, aiming to repeat the success of Dogecoin (DOGE). Litecoin (LTC) merge mining is turning into both a security and a marketing tool for new tokens. A small batch of new assets are trying to ride on the fame of LTC and DOGE, while also gaining exposure from major mining pools. Binance Pool has announced the addition of three new assets to its merged mining program – LKY, PEP, and LKC. Merge mining is the process of producing other coins and tokens in each block of a minable coin. The new production does not make mining more expensive, but creates a secure new asset at virtually no extra cost. Every Litecoin block has produced DOGE for years, while ensuring cheap transactions on the Litecoin chain. In 2024, the network added BELLS, Luckycoin (LKY), Pepecoin (PEP), and Junkcoin (JKC). Additional merged mining arrives at a time when the Litecoin hashrate marked new all-time highs. LTC mining was close to 1.8 PH/s, remaining a staple for some of the large pools. The Litecoin network retained its popularity, adding some stability to the LTC market price . After the latest market drawdown, LTC traded at $103.22, recovering some of its lost ground. DOGE traded at $0.31 during the latest market drawdown. BELLS retained a level of $0.61. JKC traded around $0.22, while PEP retained the $0.0012 level. All the merged mining coins backtracked during the latest market correction. However, those assets also benefitted from the meme token frenzy. Litecoin remains the fourth largest mined coin, which has retained its influence in the crypto space. Mining has expanded in 2024, as most corporate pools reinvested in the newest ASIC, increasing the capacity for competition and growing each network’s security. Litecoin mining followed the trend of Bitcoin with constant expansion to new all-time highs as new machines come online. Binance Pool expands access to merged mining The availability of merged mining coins depends on the decision of every respective pool. Binance Pool has added payouts, though sometimes requiring the end user to provide a suitable wallet. The Binance Pool has warned that JKC, PEP, BELLS, and LKY remain unlisted, and the addition of mining opportunities does not translate into future listings. Additionally, the reward schedule for all assets are independent of the LTC earned in a block. Binance Pool solves around 10% of all Litecoin blocks. The Binance Pool started adding new merge mining assets since September, with BELLS becoming the first expansion. The trend of adding new rewards has spread to most major Litecoin mining pools. ViaBTC and F2Pool offer LKY and PEP, but have not yet added JKC. Other pools still limit their merged mining to DOGE and BELLS. Currently, Binance has announced the widest selection of merged mining assets. Scrypt mining also retains popularity, with a total of 21 minable assets. Those coins are not available for merged mining, and require different settings. The current profitability of Litecoin mining with 1 GH/s mining power is around $30 per day, based on LTC and DOGE rewards alone. Modern mining ASIC offer more than 9 GH/s, though some rely on competitive pricing. Merged mining offers a boost to lowered block rewards Merged mining may prove a valuable bonus depending on the hashrate. As large pools and miners continue to pay attention to the Litecoin network, some of those entities may have large reserves of all merged mining coins. Merged mining has also existed for Bitcoin, producing Elastos (ELA) tokens, as well as NMC, Syscoin (SYS), and FB, with different rules and proportions. Merged mining can offset some of the lowered block rewards. Litecoin’s network also remains attractive for its $0.0048 fees for regular transactions. The chain has a highly active turnover, reaching more than 78% of the LTC supply, as the asset is used to move funds between wallets. The other advantage of Litecoin is its wide reach with legacy services, dating back to the first wave of crypto expansion. LTC now awaits an eventual ETF launch, while still being used for trading, payments, and general transfers. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
On December 23, COINOTAG News reported that Binance Pool has initiated merge mining for Junkcoin (JKC) and Pepecoin (PEP), alongside established cryptocurrencies like Litecoin (LTC). With this new integration, miners
The latest surge in Litecoin’s price, the rapid expansion of Arbitrum’s Web3 gaming, and BlockDAG’s record-setting presale of over $170.5 million are capturing attention as the cryptocurrency market aims for a robust year-end. Litecoin’s price is moving toward the $150 mark, driven by significant purchasing by miners, while Arbitrum’s collaboration with Ubisoft brings its innovative decentralized gaming into the spotlight. Nevertheless, BlockDAG (BDAG) takes center stage with its $170.5 million presale, revolutionising the possibilities for next-generation blockchain technology. Following the success of a recent AMA featuring MIT Alum Maurice Herlihy, BlockDAG has hosted another session to reveal more significant updates, making it the top crypto project to watch. LTC’s Price Pushes Toward $150 with Miner-Driven Growth Since December 10, Litecoin has seen a 35% increase in its price, now peaking at $131 and on track for $150, driven by heavy accumulation by LTC miners who have recently bought $18 million worth of Litecoin. By retaining block rewards, miners have effectively reduced the new supply, increasing upward pressure during a period of heightened market interest. This accumulation coincides with increased trading volumes, demonstrating a rise in market confidence. If Litecoin can surpass the $127 resistance, it could reach $150. However, a drop below the $118 support level could disrupt the bullish trend. Ubisoft Enhances Arbitrum’s Ecosystem Arbitrum’s ecosystem benefits from significant investments and its pioneering partnership with Ubisoft to launch the new Web3 game, Captain Laserhawk: The G.A.M.E. This partnership underscores Arbitrum’s growing influence in the Web3 gaming sector. This collaboration is expected to boost network activity, potentially driving up ARB demand and reinforcing Arbitrum’s position as a key player in decentralized gaming infrastructure. The weekly influx of funds into the Arbitrum network has surpassed other leading Layer-1 networks, indicating a resurgence in market confidence. Furthermore, the Total Value Locked (TVL) in Arbitrum has increased from $3.29 billion to $3.91 billion ARB, highlighting a positive shift in network sentiment. BlockDAG’s Presale Skyrockets Following Viral AMA Event Amid Litecoin’s robust price surge, driven by significant miner sales and the expansion of the Arbitrum ecosystem through a strategic partnership with Ubisoft, BlockDAG is experiencing unprecedented growth. The recent AMA has catapulted BlockDAG’s presale to over $170.5 million, with more than 17.4 billion BDAG coins distributed. At a price of $0.0234 in the 26th batch, early participants have witnessed an extraordinary 2240% growth in returns since the initial batch, establishing BlockDAG as a frontrunner in the crypto space. BlockDAG’s progress is propelled by its innovative technology. Its system is fully compatible with Ethereum’s EVM, enabling a smooth transition for developers to move dApps and smart contracts to a more efficient, cost-effective, and scalable environment. Despite Ethereum’s ongoing issues with high transaction fees and network congestion, BlockDAG presents a refined blockchain alternative that merges Ethereum’s robust framework with advanced efficiency, making it increasingly attractive to developers and traders. The AMA session has delivered more thrilling developments and insights. The event provided a comprehensive summary of BlockDAG’s significant achievements throughout the year. It also revealed forthcoming plans for the platform, including tech enhancements and milestones in its presale campaign. With trader enthusiasm at an all-time high, BlockDAG’s path towards becoming a dominant player in the cryptocurrency sector is clear. As the platform prepares for its next development phase, traders are encouraged to secure their positions promptly and capitalize on BlockDAG’s continuous evolution in decentralizing technology. Crypto Trends to Watch The rally in Litecoin’s price, the expansion of Arbitrum’s Web3 dominance, and the unstoppable growth of BlockDAG’s presale exemplify the dynamic potential in today’s crypto market. While Litecoin benefits from miner-driven momentum and Arbitrum gains traction with strategic collaborations like Ubisoft, BlockDAG remains distinct. BlockDAG is celebrated as the top crypto to watch, with over $170.5 million raised, 17.4 billion coins sold, and unparalleled Ethereum compatibility that enhances scalability and innovation. As the AMA grabs attention, the anticipation around BlockDAG’s future escalates. The recent AMA has mirrored the success of the previous one led by MIT Alum Maurice Herlihy, and BDAG is poised for significant updates and monumental success. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer : TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.
With the heightened volatility in the crypto space, mixed sentiments have dominated with some cryptocurrencies that had made huge losses starting to recover. Amid the trend reversal, Litecoin holders are anticipating a rise to the $200 mark . Meanwhile, Ripple (XRP) has recorded a slight decline of 1.96% in the past day. Monsta Mash($MASH) is an emerging gem with the potential to dominate both the crypto and the GameFi arena. The whales who heard this good news are flocking in to invest ahead of the coming price increase. Monsta Mash ($MASH): Projected To See A Substantial Value Appreciation Investors looking for the best cryptocurrency to buy today can’t afford to miss out on Monsta Mash. $MASH is trending for all the lucrative reasons. Monsta Mash ($MASH) Presale price to double. In the ongoing presale, Monsta Mash has experienced a surge in investors and adopters. With only 21% away from the end of phase 2, the platform continues to attract many crypto enthusiasts with a possible growth of up to 1000X. Phase 3 is just around the corner and the token price will double from the going price of $0.0018 to $0.00365. Projections show that the price could reach $2 in 2025. Mosta Mash ($Mash) Tap-To-Earn Coming Soon. The Monsta Mash Tap-To-Earn feature is set to launch this December. Tap-to-Earn has recently gained popularity with projects registering massive user numbers early in their journeys. An example is memefi, a recently launched tap to earn tokens on the SUI blockchain. The Monsta Mash community base is forecasted to expand fast based on the previous Game Adventures. The Mash Yields platform also offers a high APY of up to 19% on staked tokens. Opportunities to earn $MASH tokens are endless. As soon as the price spikes to 0.00365 early adopters will realize 100% capital gains. Investors are urged to purchase the Token before the phase 2 presales end. Buy $MASH here Litecoin Records Notable Gains In A Month. Litecoin has recorded a decline of 1.02% within the past 24 hours. This price rise has been recorded across all crypto exchanges. At the time of press, LTC is trading at $102.36. Its holders are hoping for a surge to $200. Notably, LTC investors have been holding for a long time; 78% of the addresses held LTC for more than a year. The expectation for a launch of Litecoin ETF creates even more expectation around the coin. XRP Gears Up For The Biggest Breakout In Price History Ripple has shown resilience with a 107% rise in the past 30 days and a decline of 1.66% in the past day. Trading at $2.28 with a daily trading volume of $13.08 million, XRP is the fourth largest coin as ranked by CoinMarketCap. Nevertheless, XRP price has been recording an upward trend in the past few days this comes alongside the general bullish crypto market. It also could be contributed to by the Ripple stablecoin (RLUSD) launch that happened a few days ago. Analysts predict a surge to $3 , should the current momentum persist. Conclusion The crypto space is recovering from a series of setbacks due to high fluctuation in market prices. Although XRP and Litecoin promise a huge surge soon, investors are still shy to dive in due to pending uncertainties. Monsta Mash ($MASH) presents a unique investment option with low entry and revolutionary gains. Monsta Mash is curving its place in the GameFi world as a pioneer of hybrid P2E/T2E gaming. With the current trajectory of the gaming market and the anticipated positive changes in crypto regulations, the projected 1000% growth by 2025 is highly probable. If you join the community now, you enter the giveaway basket where 10 million $MASH tokens, iPhones, and $1,000 USDT are gifted to community members every 10 days. Monsta Mash beta app is on the Google Play Store or Apple App Store . Invest in $MASH: Website: Monsta Mash Official Site Buy Now: Secure Your $MASH Tokens Telegram: Join the Community Chat LinkTree: All Links in One Place Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
The post Litecoin, HBAR ETFs Speculation Soars – Lunex Gains Steam Amid Explosive Price Forecasts appeared first on Coinpedia Fintech News Litecoin is on its way to the moon now, and reports indicate a higher likelihood for the SEC to greenlight a Litecoin ETF thanks to Litecoin’s less contentious legal status. This bullish outlook could see Litecoin’s price surge past its $127 resistance zone and retrace a price above $150. The bullish setup building up around Litecoin’s price coincides with increased accumulation from LTC miners that has recently pushed Litecoin’s price to gain 35%. HBAR ETFs are also in the pipeline, according to predictions from market watchers, and Hadera’s ecosystem is only growing. Adding to the list of crypto projects on track for massive gains in 2025 is Lunex’s LNEX token, which has seen its price surge over 283%, rising from a presale entry price of $0.0012 to $0.0046. Its ongoing presale has already raised over $5.3 million. Find out more. Lunex Network Facilitates Deep Liquidity Revolutionising DEFI Lunex is reinventing the entire DeFi sector with a protocol that removes the complexities and security risks that fund losses for DEX traders. Lunex Network is a hybrid DEX and aggregator created with both on-chain and off-chain elements in a move to deliver the world’s first deep liquidity DEX. The latest projections forecast a DeFi market growth of $231 billion by 2030, and LNEX is on track to lead the charge thanks to its multi-chain compatibility, which offers users access to more than 50,000 currency pairs. You don’t need to connect your wallet address to get started; a simple receiving address from your non-custodial wallet is sufficient. With each trade on Lunex, its aggregator works in the background to deliver the most liquid pair at affordable network fees. This enables speedy transaction finality. With only 50% of LNEX tokens up for grabs, now is the ideal time to jump into the presale, given that analysts anticipate an uptick on launch. Litecoin’s Price Rebounds At The $100 Mark Amid A Market-wide Dip After surging to $137, Litecoin’s price consolidated around the $120 region and is now seeking support at the $100 price mark following the market-wide sell-off after the unexpectedly slow interest rate cut by the Federal Reserve. Even so, Litecoin’s price maintains its bullish appeal, with on-chain data revealing an increased rate of accumulation from LTC miners. Also, Litecoin’s ETF prospects are gaining momentum, with speculators anticipating a bullish resurgence in Litecoin’s price past its previous ATH. Speculation Concerning HBAR ETFs Rises as HBAR’s Price Rebounds at $0.26 After surging over 100% to prices as high as $0.39, HBAR is now rebounding with established support in the $0.26 region. Some fundamentals supporting HBAR’s price ascent include Hadera’s Consensus Service in creating an immutable ledger of AI computing, as seen by NVIDIA and Intel’s unveiling of “Verifiable Compute.” Further adding to this bullish sentiment, analysts on Wall Street are predicting an HBAR ETF approval alongside Litecoin’s ETFs thanks to the alignment of both projects with regulatory perspectives. Conclusion When all’s said and done, the likely approval of Litecoin and HBAR ETFs is a bullish signal that could see the two altcoins surge to new heights. Fortunately, LNEX token holders no longer have to wait for massive gains, as seen by LNEX’s recent uptick. Can LNEX’s gains surpass LTC and HBAR? You can find more information about Lunex Network (LNEX) here: Website: https://lunexnetwork.com Socials: https://linktr.ee/lunexnetwork