LTC News: Litecoin Price Eyes $135 Target Amid Record Hashrate and Market Fluctuations

Cryptocurrency enthusiasts are buzzing with excitement as Litecoin (LTC) shows signs of a potential rally. Here’s a closer look at the latest developments surrounding LTC and its future price prospects.

Litecoin Price Eyes $135! Can LTC’s Record Hashrate Spark A Rally?

Litecoin (LTC) price is showing signs of bullish potential with support at $98. If Litecoin goes above this level, buying pressure could increase and the asset may rise to $135. As of now, LTC is trading at $103.97 with a 24-hour increase of 1.79%, but it has declined by 17.40% in the last 7 days. An intermediate resistance level for LTC is at $116 before reaching the $135 target.

Coldware (COLD) Token Surges 1,300% as It Enters Mobile Phone Market

Coldware (COLD) has recently surged 1,300% as it prepares to enter the mobile phone market, expanding its ecosystem beyond DeFi and blockchain into consumer electronics. Leveraging blockchain technology, Coldware aims to create mobile devices integrating IoT and DePIN solutions, challenging cryptocurrencies like Litecoin (LTC) and NEAR Protocol (NEAR). This bold move will offer users smartphones that function as part of a decentralized ecosystem.

New Crypto ETF Proposals Include More Tokens

ETF issuers have been plotting US products that would hold various cryptocurrencies, including solana (SOL), XRP, litecoin (LTC), and Dogecoin (DOGE). Recently, two new assets, Aptos (APT) and Axelar (AXL), were added to such proposals. Aptos is a layer-1 blockchain developed by Meta’s Diem blockchain engineers, while Axelar is a blockchain network that offers interoperability and digital asset tokenization. The market caps of APT and AXL are around $3.6 billion and $400 million, respectively.