Litecoin $LTC
Hits Five-Month High Amid ETF Optimism and $100M MEI Pharma Treasury
Analysts told Decrypt though ETF approval rumors are adding to optimism, it’s MEI Pharma’s buy-in last month that is really pushing the surge.
In brief
- Litecoin jumped to a five-month high of $128.40 Tuesday morning.
- Prediction markets are optimistic that a LTC ETF will be approved this year.
- Last month, MEI Pharma closed a $100 million private placement to transform itself into a Litecoin treasury firm.