Last night Litecoin (LTC) recorded a sharp price spike following the announcement that the network will partner with the leading US supermarket, Walmart.
From a recorded trading value of $ 170, LTC rose $ 60 to the $ 230 level around 9pm local time.
But investors were asked not to be too excited because LTC founder Charlie Lee earlier this morning denied the news, explaining it was just "fake news".
At the same time, Walmart through an article posted on its official website also denied GlobeNewswire's claim: "We do not know of any news published by GlobeNewswire, and it is not true. Walmart has nothing to do with Litecoin. ”
GlobeNewswire began publishing the news at around 9pm local time. However, at the time of writing, the article has been deleted.
The media also uploaded an official notification, asking all journalists and readers to ignore the error.
Litecoin posted a current price of $ 180.42, up nearly 1% in 24 hours. The asset has recorded a decline of over 24% since the daily price high recorded last night.
