Why did LTC rise today (July 18)?
🔵 Litecoin jumped by 10% to $111 as the pharmaceutical company MEI Pharma announced a treasury strategy based on LTC.
➡️ The company plans to raise up to $100 million by selling 29,239,767 common shares at a price of $3.42 per share.
The investment round was led by Titan Partners Group and the crypto trading company GSR, while the creator of Litecoin – Charlie Lee joined the board of directors of MEI Pharma.