📣 ATTENTION to Litecoin ($LTC )

Litecoin is once again capturing attention with a mix of technical signals and institutional movements that could mark a turning point.

👨‍💼 Institutional Adoption

MEI Pharma allocated $100M from its treasury to LTC on July 18, becoming the first public company to do so. The inclusion of Charlie Lee, the creator of Litecoin, on its board reinforces the strategy: Lee will not only advise on financial decisions but also align protocol development with corporate goals. The Litecoin Foundation supported the operation with a direct investment in shares, consolidating an unprecedented alliance between crypto and public company.

📊 Market Metrics

With LTC trading at $112.39, the price has already surpassed the key resistance of $110, activating a double bottom pattern with potential to rise to $130. Whales have accumulated 5.44% more LTC in the last 30 days, and the funding rate at 0.0416% indicates an over-leveraged market: if the price stabilizes, it could attract more liquidity; if it pulls back, there is a risk of liquidations.

🧩 Governance and Community

Charlie Lee's active participation in MEI Pharma represents the first formal integration of Litecoin into corporate governance. This could open the door to new crypto treasury strategies in other companies.

⏱️ Tell me, what do you think of this news?