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Litecoin Bucks Market Downtrend, Posting 19% Gains To Pass Shiba Inu

Litecoin bucked the market downtrend, posting 19% gains over the past week to lead the top 100.

Price performance over the last 24 hours has seen LTC record 13.7% gains to $70.10 from $61.53 at the time of press. The majority of today’s gains resulted from a 9.6% upside swing on the 13:00 (UTC) candle.

As a result, Litecoin continues climbing higher on the market cap rankings. Excluding stablecoins, this positions LTC in the top 10 to rank 9th, leapfrogging Shiba Inu in the process.

(by Samuel Wan and James Van Straten)

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