Litecoin has rallied up by more than 21% in the last 24 hours, and has overtaken Shiba Inu in terms of the market cap.

Litecoin’s continued strength in recent days has seen the coin become the 15th largest crypto by market cap, unseating Solana from the spot.

Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto.

Data shows a Litecoin whale has withdrawn almost $14 million in LTC from the crypto exchange Binance, a sign that may be bullish for the crypto’s p