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After posting a 2019 high of $146 on June 22nd, Litecoin has plunged to a low of $84.88 on July 15th. That’s a drop of over 41 percent in less than a month. Litecoin Price May Crash Near Halving ...
Litecoin (CCC:LTC-USD) is among the many networks undergoing big changes, than As the number of total users of blockchain continues to rise, these networks naturally want to get as much of the ...
Litecoin started its life worth about $3 per coin and eventually gained 140% of its value by 2020. At the end of 2021, LTC closed at $146.51, nearly three times the value it holds in November 2022.
Litecoin (Abbreviation: LTC; sign: Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011. [4] [5] In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase.
In October 2011, he released Litecoin on Bitcointalk. [7] He had written the blockchain technology based on Bitcoin in his spare time while employed at Google. He released Litecoin to the public after mining only 150 coins. [5] Lee has stated that he did not intend to compete with Bitcoin but meant Litecoin to be used for smaller transactions. [6]
By September 2018, cryptocurrencies collapsed 80% from their peak in January 2018, making the 2018 cryptocurrency crash worse than the dot-com bubble's 78% collapse. [9] By 26 November, Bitcoin also fell by 80% from its peak, having lost almost one-third of its value in the previous week.
Cryptocurrencies are some of the most volatile assets you could invest in. But those willing to hang on for the ride can experience some staggering returns. For example, Bitcoin (CRYPTO: BTC) is ...
Lawrence 'Larry' G. McDonald is an author and CNBC contributor, currently founder of 'The Bear Traps Report', an investment newsletter focused on Political and Systemic Risk with actionable trade ideas and Macro perspective.