Litecoin might leave November’s losses behind if it follows…
Litecoin, at the time of writing, was trading in the green. However, of late, the altcoin has not been in a good state. In fact, its investors suffered losses and the coin overturned all its growth from the first half of the month.
But, December could see some redemption should Litecoin not lose any momentum.
When compared to October, this month did not see any major inflows. Even so, most altcoins still managed to sustain minimal inflows (For ex. Binance Coin noted figures of $0.8 million)
However, Litecoin was the only crypto to register outflows worth $0.6 million, month to date.
As discussed in the past, Litecoin’s biggest weapon is adoption. Especially since it doesn’t have DeFi to back it. Alas, even adoption is not helping right now.
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