updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131hustle domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131wpforms-lite domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/aonyeani76/cryptocurrencypanther/wp-includes/functions.php on line 6131Litecoin LTC/USD is posting significant gains, after trading below the $60 mark for several weeks.
What Happened: LTC made a surprising jump, surging 32.35% over the past seven days, trading at $72.10, at the time of writing.
This significant jump can be attributed to MoneyGram MGI, a leader in digital P2P payments that announced the launch of a new service to buy, trade and store Litecoin and other cryptocurrencies.
See More: A Guide to LTC Crypto • What is Litecoin, How to Buy?
According to CoinMarketCap, on Sept. 13, LTC traded to highs of $67.48, and then fell below the $60 level, where it remained until late October. Only after the news of MoneyGram broke, Litecoin added 314 new shark and whale addresses; these wallets hold large volumes of LTC and contribute to a spike in on-chain activity.
Earlier in June, two major South Korean crypto exchanges Bithumb and Upbit delisted LTC, after the altcoin added more privacy when conducting transactions.
Price Action: Litecoin is up by 5.53% in the last 24 hours. Dogecoin DOGE/USD is down 4.76% trading at $0.1179, at the time of writing, as per Benzinga Pro.