Litecoin Becomes 10th-Largest Cryptocurrency, But Is There Still Room To Run?

Litecoin Becomes 10th-Largest Cryptocurrency, But Is There Still Room To Run?
Litecoin has seen one of the most impressive runs of any cryptocurrency over the last couple of weeks and this run has propelled the altcoin’s standing in the industry. After rallying more than 30% over a period of three weeks, the digital asset is now the 10th-largest cryptocurrency in the space. LTC’s Market Cap Crosses $7.1 Billion In the space of a month, the price of Litecoin’s native LTC token shot up from its June lows of $71 and moved as high as $115 before the rally burned out. Following this, the market cap of the digital asset moved up rapidly, beating out some heavy hitters in the space. Related Reading: Bitcoin Sharks And Whales Go On $2.15 Billion Buying Spree, Is It Time To Sell? Currently, the market cap of the altcoin is sitting above $7.1 billion, despite the price falling back below the $100 level. Its market cap now makes it the 10th-largest cryptocurrency in the market, coming out ahead of the likes of Polygon (MATIC), Tron (TRX), and Bitcoin Cash (BCH). Litecoin’s standing now makes it the s ..

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