@lalitk One difference is its a lot easier to design a tube preamp to have a very high overload characteristic. It turns out this is important since the phono cartridge inductance in parallel with the tone arm cable capacitance forms a resonance that can be active.
With MM high output cartridges the inductance is fairly high so the resonant frequency is at the upper end of the audio range or ultrasonic. It can be as much as 20dB higher than the regular signal. Noise at these frequencies can overload the phono section if its not designed with this issue in mind. That can result in ticks and pops.
With LOMC cartridges the inductance is much lower so the frequency of the resonance is much higher (with the Lyra Titan about 5MHz). In addition, the coils tend to have a high Q factor which is to say they are wider than they are long; this causes the resonant peak to be sharper and higher in amplitude, about 30dB. When this peak goes into ’excitation’ (a radio term) the result is Radio Frequency Interference (RFI) injected directly into the phono stage.
This is why there are ’cartridge loading resistors’ for LOMC. As you can see they are really for the benefit of the phono section front end and don’t actually affect the cartridge output at all.
The RFI at the input of the phono section can overload it, again resulting in ticks and pops but also added distortion, which is the source of the brightness many people hear when the cartridge is ’unloaded’. Adding the 'loading resistor' detunes the resonance so it can't go into excitation; no RFI so sounds less bright due to less distortion.
If the phono section if designed with this in mind its no worries- plug and play and no messing with the ’loading resistor’.
Again, its much easier to design a tube phono section that has this RFI immunity.
The result can be more relaxed presentation and far less ticks and pops.

