{"id":3297,"date":"2019-02-13T12:44:16","date_gmt":"2019-02-13T12:44:16","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=3297"},"modified":"2019-02-13T19:08:11","modified_gmt":"2019-02-13T19:08:11","slug":"litecoin-suddenly-jumps-bittorrent-rally-wanes","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/litecoin-suddenly-jumps-bittorrent-rally-wanes\/","title":{"rendered":"Litecoin Suddenly Jumps, BitTorrent Rally Wanes"},"content":{"rendered":"\n

It seems like even in bear markets, at least one coin has to surge – presumably to keep our spirits up. Not so long ago, it was BitTorrent Token (BTT), and the market wondered how sustainable its rally was<\/a>. Now, Litecoin (LTC) is in the green, up by more than 10% in the past 24 hours as of the time of writing (UTC 09:30 AM,) and now sitting on the fourth spot by market capitalization.<\/p>\n\n\n\n

LTC price chart:<\/strong><\/p>\n\n\n\n

\"Litecoin<\/a><\/figure><\/div>\n\n\n\n
\"Litecoin<\/a><\/figure><\/div>\n\n\n\n

This price boost of Litecoin followed the Flappening, which is a term for LTC overtaking Bitcoin Cash<\/a> by market cap. Now, it has also overtaken EOS<\/a>, and the term for that (the Eloppening, according to social network Reddit) doesn\u2019t seem to have caught on in the community, but it seems like it will enter everybody\u2019s vernacular before too long.<\/p>\n\n\n\n

The cryptocurrency project yesterday confirmed <\/a>its intent to try and cooperate with privacy coin Beam <\/a>on the implementation of the MimbleWimble privacy protocol.<\/p>\n\n\n\n

\u201cWe have started exploration towards adding privacy and fungibility to Litecoin by allowing on-chain conversion of regular LTC into a Mimblewimble variant of LTC and vice versa. Upon such conversion, it will be possible to transact with Mimblewimble LTC in complete confidentiality. It is our joint intention to publish any and all the work done as part of the project under a permissive open source license to let the community benefit from it,\u201d Beam confirmed.<\/p>\n\n\n\n

\"View<\/a><\/figure><\/div>\n\n\n\n
\"View<\/a><\/figure><\/div>\n\n\n\n

#Litecoin<\/a> had a nice swing this morning and appears to be leading the market. We had a couple orders lower that were never filled. Want something to rally place a few Buy Limit orders lower, works almost every time! <\/a>9:21 AM – Feb 8, 2019<\/a>See goldbug1’s other Tweets<\/a>Twitter Ads info and privacy<\/a>View image on Twitter<\/a><\/p>\n\n\n\n

\"View<\/a><\/figure><\/div>\n\n\n\n
\"View<\/a><\/figure><\/div>\n\n\n\n

$773 MILLION 24hr volume #Litecoin<\/a>66<\/a>9:01 AM – Feb 8, 2019<\/a>15 people are talking about this<\/a>Twitter Ads info and privacy<\/a>View image on Twitter<\/a><\/p>\n\n\n\n

\"View<\/a><\/figure><\/div>\n\n\n\n

Meanwhile, the BitTorrent Token is down by almost 15% in the past 24 hours, which effectively ended its rally<\/a> that saw the newcomer gain more than 800% since its sale in January. The BTT token sold for USD 0.00012 initially, and is now trading for USD 0.000825 – still a jump of 687.5%.<\/p>\n\n\n\n

BTT price chart:<\/strong><\/p>\n\n\n\n

\"Litecoin<\/a><\/figure><\/div>\n\n\n\n

The token also has something of a reputation: \u201c[Don\u2019t worry] guys, we’ll be able to buy it 80% below ICO price,\u201d wrote Reddit user u\/YouPoro. \u201c\u2018Only 962 participants got into sale, buying the bulk of the vaporware tokens.\u2019 Will dump at a premium on retail market,\u201d said u\/CryptoToit. Also, BitTorrent warned that it “registered an important number of fraudulent websites, ICOs, and airdrops offering so called BitTorrent (BTT).”<\/p>\n\n\n\n

Source: https:\/\/cryptonews.com\/news\/litecoin-suddenly-jumps-10-bittorrent-rally-wanes-3340.htm<\/p>\n\n\n\n