en.bitcoinsistemi.com
Cryptocurrency analysis company Santiment focused on an old but not forgotten altcoin in a new analysis it recently published.
According to analysts, Litecoin ($LTC) is currently seeing higher whale activity compared to the end of August.
$LTC, the world’s 19th largest cryptocurrency, has also seen a huge explosion in its mentions on social media platforms. While some traders have turned their noses up at it for being old-fashioned, Santiment analysts say it’s still worth considering.
$LTC, which also holds the title of the world's oldest altcoin, emerged in 2011 when Bitcoin was on the stage alone. Aiming to bring a new breath to cryptocurrency mining, which was GPU-heavy at the time, Litecoin adopted a CPU-focused mining type.
$LTC price has lost 4.48% in the last week, which is actually a better value than Bitcoin.
*This is not investment advice.