Litecoin (LTC) Reaches Major Milestone as This Metric's Value Spikes

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Litecoin (LTC) Reaches Major Milestone as This Metric's Value Spikes
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$LTC is enjoying a strong month, reaching various milestones this year – here's what's happening. Litecoin intotheblock crypto halving2024

, has been enjoying a strong month of May. The LTC network reached a big milestone compared to a month ago.A tweet published earlier today indicates that the total number of LTC wallets that actually contain crypto and do not stand empty has jumped since the end of last month. Now, the analytics team of IntoTheBlock tweeted, the number of wallets with LTC balances has surged close to the 8.5 million level.

On March 30, per data shared back then by the source, the network saw 7.09 million LTC wallets with a balance – that was an all-time high at that time. The tweet on that day added that the LTC wallet count easily surpasses such cryptocurrencies as ADA, DOGE and MATIC, as LTC is the most used cryptocurrency for payments among these four.

Litecoin had a strong month. Total addresses with a balance has increased more intensely since the end of April and we now observe nearly 8.5 million LTC addresses with a balance!

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