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Litecoin (LTC) Turns Eight Today

Published 10/14/2019, 03:28 AM
Updated 10/14/2019, 04:41 AM
 Litecoin (LTC) Turns Eight Today

Litecoin (LTC) turns eight today, and is just about two years younger than Bitcoin (BTC). Despite some severe price drops, the asset remains at the top, with robust liquidity. The Litecoin Foundation and Charlie Lee celebrated, dismissing talk of insolvency:

https://twitter.com/LitecoinDotCom/status/1183437425021988866

LTC currently trades at $56.98, relatively stable in the past months, though it has dropped to position six based on its market capitalization. LTC fell from above $140 in June, as the much-awaited halving event actually only caused preliminary hype. LTC also slid from 0.01 BTC down to $0.006 BTC.

But LTC trading volumes also continuously picked up since the lows at the start o...

This article appeared first on Cryptovest

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