Why is Litecoin Surging (Why isn’t Litecoin going up recently)?
Why is Litecoin surging? According to cointelegraph news, recently Litecoin has
Why is Litecoin surging? According to cointelegraph news, recently Litecoin has been surging. Why has LTC suddenly skyrocketed? Below, we will explain the reasons for Litecoin’s surge from three perspectives: first, its decentralization and scalability; second, its efficiency, security, and user-friendliness from a network perspective. Over the past year, Litecoin has been widely used and has received attention from many mainstream media outlets. The price of Litecoin has also been continuously rising.
Why isn’t Litecoin going up recently?
According to coincryptorama analysis, the price of Litecoin has been declining recently, from its peak of $5 in April 2018 to a drop of 30% now. But the recent situation is completely different. According to bitinfocharts, as of the time of writing (this Monday), the price of Bitcoin is around $7,400, Ethereum is around $3,100, and Ripple is as high as $20,000, with Ripple being smaller compared to Bitcoin.
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