As now, July 18th, Litecoin(LTC) has risen by 16% over the last 24 hours, according to CoinMarketCap.

The cryptocurrency market continues to correct the prices, and Litecoin is also suffering a significant loss. Litecoin reached up to $153 on June 22nd. Since then, the price has plunged by almost 50%.

Although the losses are getting covered up, as buyers help the momentum, halving will take place at the end of the first week of August. It seems like most investors are patiently waiting for this day.

Moreover, Litecoin is official cryptocurrency partner for Miami Dolphins, and this had also led to Litecoin price reaching high. The next barrier will be $100. Also, Changpen Zhao, the head of Binance, congratulated Charlie Lee, the founder of Litecoin, for his great achievement. The Singapore Exchange adding Litecoin to its platform just before the halving event is a mostly strategic move.

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