• (LTC) price recently pumped by 12.23 percent
  • This is the largest one-day percentage gain from the altcoin since May 5
  • Litecoin investors show confidence in this “lite” version of
    • The “lite” version of Bitcoin, Litecoin (LTC), recently a massive recovery of 12.23 percent. The data analytics on Investing.com shows that LTC was “trading at $302.894 by 23:42 (03:42 GMT) on the Investing.com Index.”

    This movement pushed Litecoin’s market capitalization to $20.351B. This is almost 1 percent of the entire crypto industry’s market cap.

    Aside from this, the 12 percent gain is the largest one-day percentage gain from LTC since its gains back on May 5. This new development may finally prove the analysts’ predictions of LTC surging to a new high of $500. Back then, Crypto analyst Lark Davis showed his excitement and tweeted, “#litecoin finally taking off!”

    In an analysis recently...

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