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Litecoin could reach 500 USD driven by 401,000 active addresses in 2024

Litecoin (LTC) has surged almost 50% since the start of 2024, reaching a price above 107 USD after a brief dip below 87 USD. This growth showcases robust market support amidst volatility.

Activity on the Litecoin network has soared, averaging 401,000 daily addresses. January even saw 1.37 million active addresses in a single day, highlighting a significant rise in user engagement and market utility for LTC.

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