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28 September 2021

Litecoin Surges 30% In One Hour Following News Of Walmart Partnership

Litecoin Surges 30% In One Hour Following News Of Walmart Partnership


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The news broke on Monday with a press release that stated Walmart had partnered with Litecoin to allows customers to make payments with LTC.

The news triggered a price surge that saw the price of Litecoin grow 30% in a single hour, breaking a three-month high of $237.

With a customer base that Walmart possesses, it is no surprise that the news triggered such a reaction from the market.

The coin has dumped with confirmations of the Walmart partnership being fake, with the price returning back to previous levels before the 30% price surge.

As of the time of writing, the coin had lost over $60 in a downwards correction, landing back in the mid-$170s that it was trading at before the news broke.

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