Today is a good day to be a holder of Litecoins, that’s for sure. While other altcoins have seen their prices rise in recent days, we now see the value of Litecoin go up fairly quickly.
With a price 61.7 dollars, things seem rather going in the right direction for LTC. It will be interesting to see the evolution of the price of this digital currency in the next few days.
The Litecoin has travelled to an area of shadow
The same as other altcoins, Litecoin has also been confronted with difficult situations in the course of the last week. After that the price of Litecoin has dropped to below $ 60, nobody knew exactly how things were going to end. Shortly after, the price fell below $ 55, and things began to be rather sluggish. Again, the market of crypto-currencies tend to evolve differently.
That being said, these last few days have been very difficult for the market of Litecoin. In the absence of sizable gains, there was no reason to invest in this digital currency. There are still a few hours, a decline has yet been observed.
Rise surprising the price of Litecoin
The price of Litecoin surged with an increase of 10.23% respectively. Now, the value of Litecoin is moving in the right direction. The question that arises now is whether this momentum will be maintained or not.
The positive point currently have on the volume of transactions for the Litecoin. Compared to other altcoins, this virtual currency has the volume of transactions is much more important. In the last 24 hours, Litecoin has registered nearly 500 million dollars of LTC. Most of the altcoins are struggling to get more than $ 100 million in a day. Investors are hoping that this market will continue to grow.
Source : TheMerkle