Yesterday, November 4, turned out to be a field day for all altcoins as they rose against the bear and gave the power back to the bull for some time. This marks a significant rise as most of the coins broke their short-term resistance levels despite the biggest cryptocurrency, Bitcoin’s continued support to the bear. Litecoin [LTC] and Monero [XMR] also showed that they prefer the bull’s rule over the bear’s as the coin glowed green in the market.
According to CoinMarketCap, at press time, Monero, the ninth-largest cryptocurrency, was trading at $110.67 with a market cap of over $1 billion. The coin saw a surge of 4.35% in the past 24 hours, with a trading volume of over $15 million. The highest volume was spotted to be Bithumb, with XMR/KRW trading pairs. The second highest volume was from Binance, with XMR/BTC trading pairs. The coin was trading at its October 2018 value, prior to the drop on October 18, 2018.
Litecoin [LTC], the seventh-largest cryptocurrency in the market, was trading at $53.75 with a market cap of over $3 billion. The coin saw a surge of 4.47% in the past 24 hours with a trading volume of over $46 million. The highest volume of the coin was recorded on Bithumb with LTC/KRW trading pairs and the second-highest volume of pouring in from DOBI Trade with LTC/BTC trading pairs.
Recently, the Lite.IM, a Litecoin wallet announced that they have integrated Facebook messenger onto their platform. The announcement was made on their official Twitter page. They said:
“We are happy to announce that @liteim_official is now live on Facebook Messenger. 2Bn+ @facebook users now have direct access to easily and securely, send, manage and invest in Litecoin.”
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