9.2 C
Manchester
November 30, 2020
Image default
Altcoin

Litecoin’s transaction volume increased 55.8% after Pornhub adopted LTC

Analytics provider Glassnode tweeted that the average LTC transaction volume has increased in the past twenty-four hours and is slightly above 55 percent

It seems that the effects of Litecoin being accepted by Pornhub are already having an effect. Data shared by the analytical agency Glassnode note that, over the past twenty-four hours, the value of the average LTC transaction volume (2MA) increased by 55.8 percent – from 163,225 LTC to 254,255 LTC.

In addition, the 1d MA increased 5 months and reached 249,768 LTC, above the value of 245,656 LTC reached on April 13 this year.

Image via Twitter

Litecoin adoption spreads to 2,100 merchants and Pornhub

According reported by U.Today, consumers can now spend their LTC on more than 2,100 merchants worldwide. This data was provided by Cryptwerk. In August, the number of companies that accepted LTC for their products and / or services increased by 500 compared to July.

In addition, two days ago, the world’s largest adult website, Pornhub, added Litecoin and Bitcoin as payment options for its premium subscription packages.

Before that, in 2018, currencies like Verge and Tron were among the first adopted by Pornhub.

Many will remember the story that involved Pornhub when PayPal, the digital payment giant, removed support for this platform and forced it to find other solutions.

A stablecoin, Tether (USDT), was added at the time, based on the blockchain TRON, which was a very fast and low-cost solution.

Source: U.Today

Related posts

Barcelona Token is being traded 185% above the original sale price

Anupreet Kaur

Vitalik Buterin: Ethereum 2.0 sizing strategy was “basically” successful

Anupreet Kaur

YFI and DeFi tokens are resisting the fall of Bitcoin

Anupreet Kaur

Leave a Comment