{"id":17709,"date":"2023-06-03T12:15:28","date_gmt":"2023-06-03T16:15:28","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/is-it-too-late-to-buy-litecoin-ltc-price-rallies-11-as-green-coin-ecoterra-shoots-past-4-6-million-raised\/"},"modified":"2023-06-03T12:15:29","modified_gmt":"2023-06-03T16:15:29","slug":"is-it-too-late-to-buy-litecoin-ltc-price-rallies-11-as-green-coin-ecoterra-shoots-past-4-6-million-raised","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=17709","title":{"rendered":"Is It Too Late to Buy Litecoin? LTC Price Rallies 11% as Green Coin Ecoterra Shoots Past $4.6 Million Raised"},"content":{"rendered":"
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Ranking 12th on the global crypto charts, Litecoin is capturing the crypto market\u2019s bullish trend.\u00a0<\/p>\n

So far, the silver version of Bitcoin has surged 2.47% in the last 24 hours and recorded over 11% increase in the past week.\u00a0<\/p>\n

This is largely due to the broader market\u2019s flip to bullish sentiment in the past day.\u00a0<\/p>\n

This recent rally has spurred many investors to wonder if now is the best time to buy Litecoin or consider the fast-rising green blockchain initiative, ecoterra.<\/p>\n

LTC Pushes Through the Bears With Strong Gains<\/h2>\n

At press time, Litecoin is on a bullish streak, with its native $LTC asset trading at $96.7, indicating an uptrend of 2.47% in the past 24 hours.<\/p>\n

Much like other cryptocurrencies on a bullish streak, the proof-of-work (PoW) blockchain protocol has posted an 11.13% increase in the last seven days, reflecting a positive week for $LTC.\u00a0<\/p>\n

The asset\u2019s one-month performance has been a bit tame, as it shot up 8.38% in the last 30 days.\u00a0<\/p>\n

Its year-to-date (YTD) performance is up 37.97%, while it has also increased by 50.26% in the past year.\u00a0<\/p>\n

Turning to its technical front, we can see a strong bullish tendency building momentum around the virtual currency.\u00a0<\/p>\n

$LTC\u2019s 50-day simple moving average (SMA) price stands at $89.31, significantly lower than its current market price.\u00a0<\/p>\n

The 200-day SMA price also points to a long-term bull run, with the indicator price at $85.36.\u00a0<\/p>\n

The relative strength index (RSI) shows that the $LTC asset is inkling towards the overbought zone, with the indicator figure at 63.52.\u00a0<\/p>\n

Also, its moving average convergence divergence (MACD) indicates a strong buy signal in line with the broader crypto market, which has risen into the green zone.<\/p>\n

This strong bullish sentiment around the lite version of Bitcoin has spilled into its fundamental layout.\u00a0<\/p>\n

According to a recent tweet from the Litecoin Foundation, the number of unique wallet addresses interacting with the protocol has hit 12.8 million.\u00a0<\/p>\n

This is a significant milestone, given that the number of wallet addresses previously stood at 9.2 million in October 2021.\u00a0<\/p>\n

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In addition, Litecoin\u2019s transactions have recently been enabled on the Venmo app giving its millions of customers broader access to the crypto landscape.<\/p>\n

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While Litecoin is focused on enabling fast and cheap transactions, another blockchain protocol is launching a green initiative to help combat climate change.<\/p>\n

Ecoterra: The Blockchain Protocol Battling Greenhouse Emissions<\/h2>\n

Aside from concerns about global inflation, many are now also focusing on the growing problem of carbon footprints humans produce.\u00a0<\/p>\n

Despite numerous initiatives and awareness campaigns, little progress has been made.\u00a0<\/p>\n

However, a blockchain project, ecoterra, is redefining the fight against carbon emissions.<\/p>\n

This eco-friendly project is a decentralized protocol that enables anyone to join in the fight against climate change.\u00a0<\/p>\n

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The project runs on a unique recycle-to-earn (R2E) initiative, which allows users to return plastic, glass, or aluminum materials to a reverse vending machine (RVM).\u00a0<\/p>\n

By doing so, users receive rewards in the form of various cryptocurrencies.\u00a0<\/p>\n

Furthermore, the ecoterra platform offers a carbon offset marketplace for businesses to participate in reducing their carbon footprint.<\/p>\n

With its AI-driven tools, companies can curate a large amount of data for their customers and properly compensate them.<\/p>\n

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Ecoterra provides an R2E mobile app to make the process more inclusive and subjective.\u00a0<\/p>\n

With this app, users can conveniently track their environmental impact profile from their smartphones.<\/p>\n

In a world where a lot needs to be done to save our planet, ecoterra is a beacon many investors are turning to.<\/p>\n

The project is every ESG investor\u2019s dream project, and its native token, $ECOTERRA, has enjoyed significant growth in its presale stage.<\/p>\n

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So far, the eco-friendly token has garnered over $4.7 million, pointing to strong investor demand.\u00a0<\/p>\n

Early-bird investors can easily buy $ECOTERRA on its presale website for the current price of $0.0085 before it rises to $0.01 in the next couple of hours.\u00a0<\/p>\n

In a recent GemsRadar tweet, the $ECOTERRA token was listed as one of the top 10 assets in the market.\u00a0<\/p>\n

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This points to the unique appeal it has with several eco-focused investors.\u00a0<\/p>\n

Buy $ECOTERRA Here<\/strong><\/p>\n

Disclaimer: Cryptocurrency projects endorsed in this article are not the financial advice of the publishing author or publication – cryptocurrencies are highly volatile investments with considerable risk, always do your own research.<\/sub><\/i><\/p>\n<\/p><\/div>\n