{"id":318797,"date":"2024-06-07T16:45:56","date_gmt":"2024-06-07T11:15:56","guid":{"rendered":"https:\/\/dripp.zone\/news\/litecoin-active-addresses-surge-by-75-in-a-day-ltc-price-rally-to-100-soon-crypto-news\/"},"modified":"2024-06-07T16:46:59","modified_gmt":"2024-06-07T11:16:59","slug":"litecoin-active-addresses-surge-by-75-in-a-day-ltc-price-rally-to-100-soon-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/litecoin-active-addresses-surge-by-75-in-a-day-ltc-price-rally-to-100-soon-crypto-news\/","title":{"rendered":"Litecoin Active Addresses Surge By 75% In A Day, LTC Price Rally to $100 Soon? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Litecoin, the silver to Bitcoin\u2019s Gold, is once again seeing a massive surge in its daily active addresses. As per the latest on-chain data, the total Litecoin active addresses has also surged past that of Ethereum\u2019s.<\/p>\n<h3>Litecoin Active Addresses Surge<\/h3>\n<p>On-chain data provider IntoTheBlock has reported a significant surge in Litecoin (LTC) activity. Yesterday, the number of active Litecoin addresses jumped by 75%, reaching the highest level since January and surpassing Ethereum by over 100,000 active addresses.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<figure id=\"attachment_201070\" aria-describedby=\"caption-attachment-201070\" style=\"width: 1717px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-201070\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/Litcoin-Active-Address-Surge.jpeg\" alt=\"\" width=\"1717\" height=\"422\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/Litcoin-Active-Address-Surge.jpeg 1717w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/Litcoin-Active-Address-Surge-300x74.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/Litcoin-Active-Address-Surge-1224x301.jpeg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/Litcoin-Active-Address-Surge-768x189.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/Litcoin-Active-Address-Surge-1536x378.jpeg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/Litcoin-Active-Address-Surge-150x37.jpeg 150w\" sizes=\"auto, (max-width: 1717px) 100vw, 1717px\"\/><\/noscript><figcaption id=\"caption-attachment-201070\" class=\"wp-caption-text\">Courtesy: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/intotheblock\/status\/1799006336451244319\/photo\/1\">IntoTheBlock<\/a><\/figcaption><\/figure>\n<p>Additionally, Litecoin transactions also saw a substantial increase, hitting 426,000 in a single day. While most of this spike is attributed to transactions smaller than $10, there has been a notable rise in transactions of all sizes. This surge highlights the growing use and interest in Litecoin within the cryptocurrency market.<\/p>\n<p>In another milestone achievement, the Litecoin network has now exceeded 250 million transactions amid <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/litecoin-whale-accumulation-surges-ltc-price-breakout-above-100-imminent\/\">LTC whale accumulation<\/a>. The year 2024 has been particularly noteworthy for Litecoin, with the cryptocurrency processing over 40 million transactions, reflecting a significant increase in activity and interest.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<p>Litecoin\u2019s integration into numerous payment processors and merchant services globally has contributed to this growth. Its acceptance by major platforms and retailers has expanded its usability, driving both transaction volume and adoption.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<h3>LTC Price Action<\/h3>\n<p>As of press time, the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/litecoin\/\">Litecoin (LTC) price<\/a> is facing some selling pressure trading 1.5% down at $84.17 with a market cap of $6.280 billion. The next price action for LTC depends largely on miner accumulation which has been going strong over the last month.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<p>During the month of May, the Litecoin miners added more than 180,000 LTC to their custody. In June 2024, Litecoin\u2019s price is poised for a significant recovery, edging closer to the $100 mark. Data-driven analysis suggests that if miners continue their month-long accumulation, currently totaling $15 million, LTC\u2019s price could breach the crucial short-term resistance level near $92.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-201079\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"\" width=\"1447\" height=\"420\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD.png 1447w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-300x87.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-1224x355.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-768x223.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-150x44.png 150w\" data-lazy-sizes=\"(max-width: 1447px) 100vw, 1447px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-201079\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD.png\" alt=\"\" width=\"1447\" height=\"420\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD.png 1447w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-300x87.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-1224x355.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-768x223.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/06\/LTCUSD-150x44.png 150w\" sizes=\"auto, (max-width: 1447px) 100vw, 1447px\"\/><\/noscript><\/p>\n<p>According to IntoTheBlock\u2019s GIOMAP data trends, over 1.4 million current holders acquired 10.53 million LTC at a maximum price of $91.6. Profit-taking by these holders could impede Litecoin\u2019s recovery at this level. However, sustained bullish support above $92 could pave the way for a swift rally towards the $100 milestone.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.82 --><\/p>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/litecoin-active-addresses-surge-by-75-in-a-day-ltc-price-rally-to-100-soon\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/litecoin-active-addresses-surge-by-75-in-a-day-ltc-price-rally-to-100-soon\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA201042\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. 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In free time he reads thriller fictions novels and sometimes explore his culinary skills.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6d622b7613c3c79c72d94a2e7cffa3b2?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD201042\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. 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a massive surge in its daily active addresses. As per the latest on-chain data, the total Litecoin active addresses has also surged past that of Ethereum\u2019s. Litecoin Active Addresses Surge On-chain data provider IntoTheBlock has reported a significant surge in Litecoin (LTC) activity. Yesterday, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":318798,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-318797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/318797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=318797"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/318797\/revisions"}],"predecessor-version":[{"id":318799,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/318797\/revisions\/318799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/318798"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=318797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=318797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=318797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}