Litecoin (LTC) recently saw an impressive 80% rally after the first ten days of November 2022. According to Santiment, a crypto analytics firm, this remarkable increase results from two key factors.
Reasons Behind Litecoin’s Bullish Trend
Based on the tweet from the analytics firm, Litecoin’s two major driving forces are its increasing adoption and halving process ahead in 2023.
Litecoin is becoming more accepted by merchants due to its low transaction costs…