icon
icon
icon
icon
🏷️$300 Off
🏷️$300 Off

News /

Articles /

Litecoin Surges 11.7% to $124.92, Overtakes Shiba Inu

Coin WorldMonday, Feb 10, 2025 11:02 pm ET
1min read

Litecoin (LTC) has experienced a significant surge in the past 24 hours, with its price increasing by 11.7% to reach $124.92. This surge has propelled Litecoin's market capitalization to $9.397 billion, surpassing that of Shiba Inu (SHIB) and securing the 19th position in the cryptocurrency market cap rankings.

This remarkable performance can be attributed to the positive news surrounding the potential approval of a spot cryptocurrency ETF by 2025. According to a report by Bloomberg's Senior ETF Analyst Eric Balchunas, Litecoin (LTC) and Dogecoin (DOGE) have the highest odds of being approved, with 90% and 75% respectively. This prediction has likely boosted investor confidence in Litecoin, leading to the observed price increase.

As the cryptocurrency market continues to evolve, investors are keeping a close eye on developments that could impact the market capitalization and price of various digital assets. The potential approval of a spot cryptocurrency ETF is one such development that has captured the attention of investors and could continue to influence the performance of cryptocurrencies like Litecoin in the coming years.

Comments

Add a public comment...
Post
User avatar and name identifying the post author
LackToesToddlerAnts
02/11
$LTC pump is wild, but watch those whales
0
Reply
User avatar and name identifying the post author
Brilliant_User_7673
02/11
Hope to HODL $LTC till $250
0
Reply
User avatar and name identifying the post author
Anonym0us_amongus
02/11
Stashing $LTC gains, next stop $DOGE? 🤔
0
Reply
User avatar and name identifying the post author
BennyBiscuits_
02/11
@Anonym0us_amongus How long you planning to hold LTC? Thinking of going long or just flipping for quick gains?
0
Reply
User avatar and name identifying the post author
Sam__93__
02/11
90% approval odds? 🚀 Litecoin's a moonshot waiting to happen or just hype train? 🤔
0
Reply
User avatar and name identifying the post author
FTCommoner
02/11
I'm holding $LTC long-term, diversifying with $BTC and $ETH. Regulatory green lights could mean more gains. Staying vigilant but optimistic.
0
Reply
User avatar and name identifying the post author
Free-Initiative7508
02/11
ETF approval could moon $LTC, not financial advice
0
Reply
Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App