Litecoin has gone up some 30%, rising from around $16 to now trade at almost $23, giving the currency a market cap of $1 billion, the fourth biggest in this space after Bitcoin, Ethereum and Ripple.It’s trading volumes over the past 24 hours have also considerably increased to $300 million, just slightly more than eth and around half of bitcoin’s volumes which are partly made of bitcoin to altcoin trading.This sudden rise is primarily due to Coinbase adding Litecoin yesterday.They said the addition was part of their plans to move towards a “digital assets” company, rather than just a bitcoin company.The listing is made after Litecoin gained some attention due to their plans to implement Segwit.In just one month, it rose from $4 to now $23 after the currency became a bit interesting due to the miners’ maneuvering regarding Segwit activation.Eventually, they all agreed to go ahead with it, locking in Segwit, which now should activate in about one week.Afterwards, they are to launch the Lightning Network (LN), a second layer protocol which facilitates micro-transactions.

The problem is, no many are using Litecoin.It barely has around 4,000 transactions on a normal day, compared to bitcoin’s 250,000 and eth’s 100,000.epic bitcoin minerT So the currency is sort of just a bitcoin clone, without any smart contracts or other advanced tech, but since bitcoin is having difficulties activating segwit, they have.ethereum wikiaNow, they’ll probably just show LN to bitcoiners once it’s launched, we’ll probably write one or two articles about it, then what’s left to say about litecoin?poker na bitcoinThe entire price movement, therefore, seems very temporary and just a spill-over from bitcoin which still can’t make a decision after now more than two years of “debate.” Disclaimer: The views expressed in the article are those of the author and do not represent those of, nor should they be attributed to CCN.realtime bitcoin tracker

Litecoin prices surged nearly 70% today, ending months of stagnant market activity.Prices for the alternative cryptocurrency rose to as much as $7.04 on CoinMarketCap, compared to $4.18 at the start of trading – a rise of about 68%.litecoin gratis españolAccording to the data, most of the trading has taken place on Poloniex, OKCoin and Huobi.bitcoin sender ipAt press time, the price is averaging around $6.30 across exchanges.Prior to today's rally, the digital currency had seen little price volatility since roughly the start of February.In that time, litecoin prices have fluctuated within a range close to $4, market data shows.Its price reached as much as $48 in late 2013.As for what's driving the rally, market observers aren't so sure.One theory floated related to efforts to integrate Segregated Witness – originally proposed as an upgrade to bitcoin's code – with litecoin, though figures show that adoption has been slow amongst the altcoin's miners.

At least one trader has expressed surprise in light of the rally.Charles Hayter, co-founder and CEO of CryptoCompare, told CoinDesk that he wasn't clear on what was causing prices to rise.Tim Enneking, chairman of Crypto Asset Management, offered a similar take, stating: "This move caught us totally by surprise."Another possible culprit: traders are simply chasing possible gains in the altcoin markets."Traders have itchy trigger fingers after the recent market volatility and are looking to jump on moves and therefore exacerbate them," Hayter said.Chart Litecoin Litecoin Market Cap Litecoin/US Dollar (LTC/USD) Market Cap LTC/BTC LTC/USD LTC/GBP LTC/EUR LTC/CHF LTC/CNY LTC/JPY LTC/CAD LTC/AUD LTC/RUB LTC/SEK LTC/HKD LTC/SGD LTC/TWD LTC/KRW LTC/ZAR LTC/INR LTC/MYR LTC/IDR LTC/BRL LTC/NZD LTC/MXN LTC/PHP LTC/DKK LTC/PLN LTC/XAU LTC/XAG LTC/XDR LTC/BTC LTC/USD LTC/GBP LTC/EUR LTC/CHF LTC/CNY LTC/JPY LTC/CAD LTC/AUD LTC/RUB LTC/SEK LTC/HKD LTC/SGD LTC/TWD LTC/KRW LTC/ZAR LTC/INR LTC/MYR LTC/IDR LTC/BRL LTC/NZD LTC/MXN LTC/PHP LTC/DKK LTC/PLN LTC/XAU LTC/XAG LTC/XDR Litecoin Market Cap 7 Day Market Cap 14 Day Market Cap 30 Day Market Cap 60 Day Market Cap 90 Day Market Cap Max Daily Market Cap Learn More About Litecoin Market cap is the total value of Litecoin.

It is calculated based on the total available supply multiplied by the price of each Litecoin.The market cap of Litecoin for today is $2,445,186,415.99.It has a current circulating supply of 51.7 Million coins.Your Favorite Altcoin Not Listed Here?The global cryptocurrency community was panic stricken for the most part of the past week.A depression that has been nicknamed by Cointelegraph as the "crypto massacre" saw almost every virtual currency bleeding profusely.It was a doomsday of sorts, and many attributed the gloom to a couple of issues.Some said the Bitcoin scaling debate was to blame for the mass slump of cryptos.Another theory attributed it to DDoS attacks currently affecting Bitcoin exchanges.But towards the end of the week, a ray of hope appeared, with various digital currencies emerging from the ashes and appreciating in value.It was fantastic to observe the speedy recovery of these cryptocurrencies, with some making admirable gains while others are yet to recover from their losses.

Shaken, but not stirred Early in the week, it was IOTA who caused an upset by invading the top 10 and taking over the sixth spot.The move ensured that Monero and Bytecoin parted ways with the elite top 10.It also resulted in BitShares and Stratis being pushed down the ladder.They now occupy the ninth and tenth positions respectively.It was a major shake up that indeed caused some mayhem.But the IOTA rampage capsized when the only exchange that has listed it so far endured a DDoS attack.This saw the newcomer being pushed to the eighth position.Litecoin ascending However, the most intriguing movement came with Litecoin.In fact, the SegWit pacesetter jumped three places to be the world's number four crypto on Saturday.In the process, it pushed aside IOTA, NEM and Ethereum Classic, when just last Wednesday it was ranked seventh.At the time writing on Sunday morning, LTC was being sold for $43.12 and its market cap has surpassed the $2 bln mark.In the past few weeks, the currency has gone through a metamorphosis.