$1 billion inflows into Litecoin in a day; LTC to hit $100?

$1 billion inflows into Litecoin in a day; LTC to hit $100?

Litecoin (LTC) is moving against the current market downturn that was induced by the FTX cryptocurrency exchange crash, positing significant gains while sustaining a buying pressure. Indeed, the 13th-ranked cryptocurrency market is also gaining in the build-up to key on-chain activity. 

As things stand, LTC is trading at $78.94, recording gains of over 28% within 24 hours. On the weekly chart, the asset posted a 35% increase in value. 

Litecoin 7-day price chart. Source: Finbold

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