Litecoin dominates top 50, up 11%, while ODEM obliterates top 100, up 40%

06 Jan, 2019 | Updated: 06 Jan, 2019
by Will Heasman
Price Action
Litecoin dominates top 50, up 11%, while ODEM obliterates top 100, up 40%

Litecoin (LTC) is enjoying a supreme rise at the movement due in part to the recent news that its Lightning Network surpassed 100 active nodes.

It appears the Silver to Bitcoin’s gold is still enjoying this news, continuing to outperform most cryptocurrencies in the top 50 up +11.44% on the 24-hour charts, at a current price of $37.52. Meanwhile, the Gold to LTC’s silver, Bitcoin (BTC) is seemingly stagnating at a negligible loss of -0.12% settling at $3866.87.

Ethereum (ETH) is also suffering today, down -2.08% shaving $500 million off its market cap since yesterday further narrowing with the gap between itself and XRP. This is by no means helped by a gain from XRP of +0.92% on the 24-hour charts.  

Others in the top 10 are gaining moderately with Bitcoin cash (BCH), EOS, Bitcoin SV (BSV) and TRON (TRX) gaining +1.27%, +0.49% +1.39% and +3.16% respectively in 24 hours.

Outside of the top 10 losses are minimal with the biggest retractions coming from IOTA (MIOTA), Zcash (ZEC) and Waves, down -3.40%, -1.71% and -1.16%, in that order.

Cardano (ADA) is citing an impressive +6.90% increase, with minor increases from Monero (XMR), Dash, NEM (XEM), Ethereum Classic (ETC) and NEO, at respective gains of +0.48%, +0.20%, +0.88%, +0.18% and +0.18% in 24 hours.

But ODEM (ODE) is the biggest winner in the top 100 (by a longshot) up +39.86% on the 24 hour charts. According to ODEM’s official Twitter, this is thanks to the recent deployment of smart contracts on their mainnet and the upcoming launch of their full platform this Quarter:

(All prices correct at the time of writing)

Read more: Litecoin surges 11% after LTC lightning network passes 100 nodes

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