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Litecoin (LTC) Sees Sudden Spike in Transactions, DogeCoin (DOGE) Follows Suit

Published 09/04/2018, 05:54 AM
Updated 09/04/2018, 07:00 AM
 Litecoin (LTC) Sees Sudden Spike in Transactions, DogeCoin (DOGE) Follows Suit
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Litecoin (LTC) is showing increased transaction activity in the past days, reaching levels not seen since February. This sudden spike follows the Bitcoin Cash (BCH) community-driven stress test, making some suspect a similar attempt to boost LTC positions. A surge in activity has also been observed with DogeCoin (DOGE), which is mined together with Litecoin.

The Litecoin network and Bitcoin Cash have been caught in a race the Litecoin community calls “the flappening.” The Litecoin project competes for real-world usage and transaction levels with Bitcoin Cash, and the extraordinary BCH activity during the stress test skewed the statistics.

Over 24 hours, the Litecoin network carried more t...


This article appeared first on Cryptovest

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