#Litecoin

📈Litecoin Soars to 5-Month High of $128.40! 🚀

Litecoin ($LTC ) is making waves, hitting a five-month peak of $128.40 today amid ETF optimism and a massive $100M treasury move by MEI Pharma. 📈 Despite a slight pullback to $123.60, LTC is up 5.8% in 24 hours and 12.3% this week, with a 41% surge this month, pushing its market cap to $9.4B.

🔥 Key Drivers:

• ETF Buzz: Polymarket gives an 80% chance of a Litecoin ETF approval in 2025, with filings from Canary Capital, Grayscale, and CoinShares.

• Corporate Treasury Boost: MEI Pharma’s $100M investment to become a Litecoin treasury firm is seen as a major catalyst, per CEX.IO analyst Illia Otychenko.

• Market Adoption: CoinGate reports Litecoin as the 2nd most-used crypto for payments (14.5%), just behind Bitcoin.

Will Litecoin keep climbing? What’s your take on its ETF chances vs. $XRP ? 👀