Litecoin [LTC] separated itself from the broader market fall after the Fed decision ended in an interest rate increase. The decision may have negatively affected Bitcoin [BTC], and several others, but LTC was able to pick out a 13.78% uptick as its own repercussion.
Usually, a circumstance like this would have been a result of a notable development around a project. However, this was not the case with the native cryptocurrency of the low-cost blockchain payment network.
Regardless of its silence with upgrades, LunarCrush reported that no other coin matched up to LTC in terms of social and market activity. At press time, social engagements peaked at 29,819,175 while mentions were at 4,467.
(By Victor Olanrewaju)
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