Since 2022 began, LTC has shrunk 3.1%. It touched an all-time high of $412.96 in May last year. At press time, it traded 64.7% below that level.
Why Is It Moving? LTC was down alongside other major coins at press time as the global cryptocurrency market cap declined 1.6% to $2 trillion.
LTC was among the ten-most mentioned coins on Twitter, according to Cointrendz data. At press time, it attracted 1,243 tweets.
The three most discussed coins at press time were Bitcoin, Cardano, and Ethereum. They attracted 10,783, 4,239, and 3,937 tweets, respectively.
LTC saw high buzz on social media, trending on Twitter and Stocktwitz, as it held its act together amid a slumping wider cryptocurrency market.
Litecoin whales have been piling their reserves of the cryptocurrency higher. This is the longest such accumulation streak since 2017, as per a tweet from the project.