Litecoin Soars past $48

in charlie •  7 years ago 

If you're holding Litecoin right now you deserve a pat on the back.

The altcoin has hit a new high today as it's now trading at over $48 per coin. That's up a whopping $16 in the past 24 hours.

Those types of gains had Charlie Lee, the creator of Litecoin and also ex director of engineering for Coinbase, elated. Here's a couple of his recent tweets:

Litecoin had previously been the often overlooked coin in the top 10 by market cap. Not anymore. Investors are flocking to it and it now has a healthy lock on the number 4 spot on coinmarketcap.com.

That now brings "the little chikun that could" to a market cap of nearly $2.5 billion.

The question remains as to whether or not it can be sustained. I predict it'll be at $100 by the end of the year.

Go Chikun Go!

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Lol, I have some stored since.... like forever! :D

Nice!

Thanks!