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Litecoin Hits Two-Year High Amid Long-Term Holder Distribution Phase

TheNewsCrypto LogoTheNewsCrypto2w ago

Litecoin Hits Two-Year High Amid Long-Term Holder Distribution Phase - TheNewsCrypto

Quick Summary:

Litecoin has demonstrated remarkable strength in the cryptocurrency market, with its market capitalization expanding by $1 billion over the past week.

This 15% growth has pushed the price to a significant milestone of $119.64, a level not witnessed in two years.

The Liveliness metric, a sophisticated on-chain indicator, has reached a year-to-date high of 0.71, marking a significant shift from its November 1 low of 0.69.


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Litecoin Hits Two-Year High Amid Long-Term Holder Distribution Phase - TheNewsCrypto (Picture 1)Litecoin Hits Two-Year High Amid Long-Term Holder Distribution Phase - TheNewsCrypto (Picture 2)

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-02 @ 19:30:56 (2 weeks ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 329 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24082341

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 14 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Litecoin Hits Two-Year High Amid Long-Term Holder Distribution Phase" has 329 words across 23 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Litecoin Hits Two-Year High Amid Long-Term Holder Distribution Phase" was covered 2 weeks ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 14 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #24082341
  • URL: https://beamstart.com/news/litecoin-hits-two-year-high-17332066823281

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