Litecoin Breaks Out to an Eight-Month High as DigiTap Buyers Rush for Presale Price

Litecoin has reached an eight-month high after surging above $68 and briefly testing $75. The rally pushed LTC to its highest level in eight months, breaking through resistance levels that had previously limited earlier rallies.

Futures open interest climbed towards $670 million as traders increased their positions, while US spot Litecoin ETF holdings reached a record of about 175,000 LTC. Canary Capital's product also recorded its largest inflow so far.

In the meantime, DigiTap buyers are racing to secure the current presale price of $0.0589 before it advances to $0.0594. Round 4 is already more than 90% sold, leaving a shrinking window for buyers to enter at the lower price.