Zinger Key Points
- Litecoin is trading 20% higher adding to its monthly gains of 65% as optimism surrounds a proposed Litecoin ETF.
- Analysts set ambitious targets, with some eyeing $233–$280 as the next price zone.
- Today's manic market swings are creating the perfect setup for Matt’s next volatility trade. Get his next trade alert for free, right here.
Litecoin LTC/USD has surged 20%, following news of possibly being included in a crypto index ETF and wider market optimism around altcoins.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Litecoin LTC/USD | $121.50 | $9.14 Billion | +20% | +24.5% |
| XRP XRP/USD | $2.39 | $135.8 Billion | +24.7% | +61.7% |
| Hedera HBAR/USD | $0.2374 | $9.25 Billion | +23% | +68.5% |
Trader Notes: Pseudonymous trader CryptoBullet on Sunday highlighted Litecoin’s attempt to break out, identifying the $233–$280 range as the next significant target zone.
Veteran trader Peter Brandt speculated on whether Litecoin could "pull another XRP," referencing its potential to gain dominance in a competitive market.
Another analyst described Litecoin as the “best version of the white paper,” emphasizing its strong fundamentals and potential for substantial growth.
Community News: The Litecoin Foundation reported that Litecoin is the top cryptocurrency for payments on BitPay over the past six months, ahead of Bitcoin and Ethereum.
The Litecoin Foundation noted on its X account that the altcoin is top crypto of choice for payments based on Bitpay transactions for the last six months. BTC and ETH are second and third.
A recent proposal by Hashdex Nasdaq Crypto Index U.S. ETF includes Litecoin among the assets eligible for inclusion, further boosting investor confidence.
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