Litecoin price (LTC/USD) bounces back in Friday trading
Even with the latest correction, Litecoin has more than tripled its value since the start of the year. The increase has been largely driven by excitement over the upcoming halving of LTC mining rewards. The event, which is scheduled for August 5 will tighten the supply of LTC coins.
In other LTC-related news, the Litecoin Foundatin announced earlier today that Litecoin had become the “official cryptocurrency” of NFL team the Miami Dolphins.
“Launching for the 2019 NFL season, the collaboration with the Miami Dolphins gives Litecoin the ability to tap into one of the NFL’s largest and most passionate fan bases through in-game branding and advertising opportunities at Hard Rock Stadium, as well as inclusion across the team’s various online properties and digital content,” the foundation wrote in a blog post.
In today’s trading, the Litecoin price stood at $105.29, as of 12:42 BST. The digital currency has gained 2.8% in the past 24 hours.
Featured image: Wit Olszewski / Shutterstock.com
More Resources
The post Litecoin price (LTC/USD) bounces back in Friday trading appeared first on The Independent Republic.
source: https://theindependentrepublic.com/litecoin-price-ltc-usd-bounces-back-in-friday-trading/
TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!
Article comments