Rally Report
LITECOIN
The price of LTC has rallied by 7% in the past 24 hours.
WHY?!
The number of active addresses on the Litecoin network has risen significantly recently. This is likely due to the recent introduction of the experimental LTC-20 token standard on the network. The popularity of the similarly positioned BRC-20 standard has led investors to be bullish on the LTC-20 standard of the network.
The upcoming halving event on Litecoin is another bullish factor.
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