Grayscale Accumulates 178,691 Litecoin Worth $28.9M in 30 Days

Fast take:

Grayscale Investments has quietly scooped up 178,691 Litecoin in the remaining 30 daysThis translates to more or less $28.9 million in LitecoinGene Simmons has openly declared that he is ‘a cheerful Litecoin investor’The 50 day MA provides LTC with improve at current levels of $160The per thirty days shut tonight may just ship the value lower to the $150 – $145 worth area

The Wall Boulevard funding company of Grayscale has quietly accumulated 178,691 Litecoin in the closing 30 days. This quantity of LTC has a value of approximately $28.9 Million the usage of Litecoin’s current worth of $162. The 30-day accumulation of Litecoin through Grayscale has been highlighted within the following screenshot courtesy of Bybt.com.

I’m Additionally a cheerful Investor in Litecoin – Gene Simmons

The accumulation of Litecoin isn’t isolated to establishments akin to Grayscale. Earlier this week, the frontman of the preferred band referred to as Kiss, Gene Simmons, took to Twitter to announce that he used to be ‘a happy investor in Litecoin’. Mr. Simmons went directly to recommend that buyers do their own research on LTC as observed thru the following tweet.

I’m also a contented investor in Litecoin. Do your own research…what’s Litecoin? – LTC Learners Guide https://t.co/7LB34WKa5U by way of @YouTube

— Gene Simmons (@genesimmons) February 21, 2021