The third-largest altcoin, Litecoin, has skyrocketed inwards value equally Segregated Witness (SegWit) activation seems all only inevitable.
Data from CoinMarketCap shows the cost per money to accept reached $14.40 inwards the 24 hours from sun to Mon - a novel multi-year high. In the previous weeks, prices had surpassed $10 for the foremost fourth dimension since 2014.
As of press time, the property was trading at around $13.50. Other sources saw Litecoin merchandise closer to $17, leading creator Charlie Lee to repost this celebratory annunciation via Twitter on Saturday.
"The increased optimism comes off the dorsum of a statement yesteryear diverse Bitcoin entities on Fri to communally back upward SegWit on Litecoin, dependent plain to the volition of the ecosystem equally a whole."
The tidings came inwards the cast of a coming together inwards Beijing of the so-called Litecoin Global Roundtable, members of which included Bitmain, which had previously been a song opponent of the technology.
Rumors
While erroneous rumors of SegWit having already deployed are surfacing on social media, opinions are converging on both the hereafter as well as probable cost increment of Litecoin 1 time the engineering is released.
By contrast, prior to the SegWit episode beginning, Litecoin had traded at nether $4 for an extended period.
The highest e'er recorded cost came inwards belatedly 2013 equally Bitcoin itself achieved tape highs, alongside Litecoin briefly surpassing the $50 barrier.
"The increased optimism comes off the dorsum of a statement yesteryear diverse Bitcoin entities on Fri to communally back upward SegWit on Litecoin, dependent plain to the volition of the ecosystem equally a whole."
The tidings came inwards the cast of a coming together inwards Beijing of the so-called Litecoin Global Roundtable, members of which included Bitmain, which had previously been a song opponent of the technology.
Rumors
While erroneous rumors of SegWit having already deployed are surfacing on social media, opinions are converging on both the hereafter as well as probable cost increment of Litecoin 1 time the engineering is released.
By contrast, prior to the SegWit episode beginning, Litecoin had traded at nether $4 for an extended period.
The highest e'er recorded cost came inwards belatedly 2013 equally Bitcoin itself achieved tape highs, alongside Litecoin briefly surpassing the $50 barrier.