Litecoin Makes Surprise 14% Rally—Analyst Eyes A Move To $128

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Litecoin Makes Surprise 14% Rally—Analyst Eyes A Move To $128 - NewsBTC

Quick Summary:

It’s a decade old ghost chain with no discernible purpose.— Jeff Roberts (@jeffjohnroberts) February 11, 2025 Should an LTC ETF be greenlit – which at the time of writing has a solid 90% odds of approval, according to an X user – it would give institutional investors a controlled approach to expose themselves to crypto, hence maybe generating large asset inflows.

A Quadrillion Market Cap For The Coin If That Happens – Analyst Strong Recovery After Market Dip Traders have been drawn to Litecoin lately, particularly given its remarkable 25% increase over the past 30 days.

Litecoin is barely one dollar away from its target, and all eyes are on whether it can surpass the $128 barrier level, according crypto analyst Carl Moon.