Why is Litecoin ($LTC ) suddenly up over 12% in a single day? While most altcoins are moving sideways, Litecoin is quietly building momentum — and it’s not by chance.
MEI Pharma Adds $LTC to Balance Sheet
MEI Pharma has officially added Litecoin ($LTC) to its treasury reserves and launched a $100M institutional strategy just a few minutes ago. Charlie Lee (Litecoin’s founder) and GSR are advising on the plan. This marks a major milestone — one of the first public companies to directly integrate Litecoin into a long-term treasury structure.
Adoption Is Driving Demand
#Litecoin recently climbed to the #2 spot in global crypto payments, capturing 14.5% of all transactions. That’s utility in action — not hype. Its speed, low fees, and wide acceptance make it a preferred option across merchants and processors.
ETF Optimism Adds Fuel
Momentum is also being driven by ETF speculation. Analysts estimate a 90% probability of approval circulating within institutional circles. Even without confirmation, the optimism is pulling eyes — and capital — toward Litecoin.
Technical Structure Supports the Move
Source: CoinMarketCap
Price broke through $127 resistance on surging volume (1.8B+), forming a clean structure that traders have been eyeing for weeks. The next target sits at $150, but if institutional interest holds, $200+ could come into view.
Final Takeaway
Litecoin’s breakout isn’t speculative. A public company has just added $LTC to its balance sheet. Adoption is rising. ETF chatter is intensifying. And technicals are aligning with fundamentals.
LTC is proving that in a noisy market, real utility still wins.
#BTCUnbound #CFTCCryptoSprint #BinanceHODLerPROVE #BinanceHODLerTOWNS
