Can LTC’s growing hashrate sustain its ongoing price rally? Evidence suggests…

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Can LTC’s growing hashrate sustain its ongoing price rally? Evidence suggests…
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Litecoin’s [LTC] recent, unprecedented surge could be responsible for making the altcoin a hot topic in the cryptocurrency market. As per CoinMarketCap, LTC’s price grew by more than 29% in the last seven days. This was substantially better than most cryptocurrencies, however, LTC stood behind Polygon [MATIC]. At the time of writing, LTC was trading […]

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Moreover, LTC’s daily active addresses also witnessed a consistent high, thus indicating a stable number of users on the network.However, the rest of the metrics planned to move in the opposite direction. This could be a matter of concern for investors. For instance,’s development activity went down sharply over the last week, which was a negative signal for the blockchain.

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