Why Did Segwit Activation ♨ On Bitcoin Cause LiteCoin To Jump πŸ“ˆ In Price To $50? (The Cryptoverse)

Published on May 6, 2022

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On today’s episode of The Cryptoverse:
Segwit finally activates on the Bitcoin network. But how did that lead to a jump in the price of LiteCoin back to $50?

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Why Did Litecoin Jump

Why Did Litecoin Jump, Why Did Segwit Activation ♨ On Bitcoin Cause LiteCoin To Jump πŸ“ˆ In Price To $50? (The Cryptoverse).

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Notably, no brand-new major mine supply is expected in the near term. In Litecoin general, it takes more than a decade to acquire, financing,construct and staff a mine and commence production. Hence, the supply/demand imbalance is expected to continue – and is most likely to increase for many years to come.

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