On Wednesday, Lightcoin (LTC), became the growth leader of the top ten cryptocurrencies, having risen by more than 5% per day.
In the morning, the coin broke through the psychological mark of $50. Now the average rate of LTC exceeds $51, and the market capitalization of a digital asset has reached $3.088 billion.
However, the coin still has very little chance of getting into the top four largest digital assets. EOS, the closest competitor to Lightcoin, is aggressively adding and trading at $3.82 (+ 4.97%), and the market capitalization of this asset exceeds $3.465 billion.
LTC reached $53.79 but then sank within a small correction.
However, this does not mean that investors will sell the coin. On the contrary, some analysts are aggressive and predict a breakthrough to $60 in the next 2-3 days.
Users of social networks also note the explosive growth of LTC and believe that bulls still dominate the market and dictate their own conditions under which it is possible to overcome $55 today.
The largest digital currency Bitcoin is declining, but still remains at the highest level in the past few months. BTC and ETH are traded for $3,972 and $146.93 respectively.
On Wednesday the market capitalization of the entire crypto market increased to $134 billion, and the daily trading volume of coins exceeded $30.303 billion.