Aside the Walmart signing a deal with litecoin, the coin has showed that it has the capability to be bullish in the bearish market.
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This is one of the ways to artificially influence the price of cryptocurrencies. This is not the first time the major stakeholders would create a phony demand, inorder to push the price up.Many at times, the false rumours are geared towards making the price of cryptocurrencies surge inorder to take Advantage. It's one of the ways at which the cryptocurrency is artificially influenced.