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Litecoin: Lite Strategy Invests $1M in LitecoinVM L2 | Flash News Detail | Blockchain.News
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6/18/2026 1:47:00 PM

Litecoin: Lite Strategy Invests $1M in LitecoinVM L2

Litecoin: Lite Strategy Invests $1M in LitecoinVM L2

Litecoin: Lite Strategy commits $1M SAFE at $50M cap to LitecoinVM, first zk L2 adding smart contracts and DeFi to LTC network.

Source

Analysis

Litecoin entity Lite Strategy led a $1M strategic investment into LitecoinVM, the first zero-knowledge Layer 2 built on the Litecoin network, via SAFE at a $50M post-money valuation plus a token warrant for up to 2% supply.

The round grants governance rights and an advisory seat, aligning treasury capital with ecosystem growth in smart contracts, decentralized finance, and real-world asset tokenization. LTC price prediction models now factor this programmable layer as a direct driver of organic demand and treasury productivity.

Price action on the 4h chart shows LTC testing lower Bollinger support at $43.99 while EMA50 resistance sits at $44.6 and EMA200 at $48.19; the MACD death cross at -0.03 confirms bearish momentum even as RSI at 40.17 remains neutral, suggesting any bounce toward $46.51 upper resistance will likely stall before retesting the 50-EMA confluence.


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The official account for the Litecoin Foundation, supporting the development and adoption of the Litecoin network. Features updates on network upgrades, merchant adoption, community initiatives, and technical advancements for the peer-to-peer cryptocurrency created by Charlie Lee.

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