This website uses cookies to ensure you get the best experience on our website


17th Dec 2020
CryptoAltum Research Team

Litecoin Price is approaching $100, adds 14% in 24 Hours 

The Litecoin price, syncing with Bitcoin, is approaching $100. It is a top performer in the top-5, equaling BTC's performance in the last 24 hours, and looking likely to rally past $100 in the next few days considering the current momentum.


Litecoin is silver to Bitcoin gold. It complements Bitcoin, boasts of higher throughput, fast-block-generation times, atomic swaps with BTC, and now because of its near-negligible trading fees, a layer Atari is launching its games on. The network has also found success in recent times from the development front. After Charlie Lee exited when LTC surged to around $400, development stopped. However, in recent days, there has been an uptick in commits on GitHub. Coupled with support from PayPal, LTC/USD stands to benefit from investor influx.

Impact on the LTC Price: 

Bullish. The LTC/USD pair has been mirroring BTC's stellar performance, adding 14 percent in the last day and likely to break $100 in coming weeks if fundamentals do prop prices.

More market updates on ourBlog 

Risk Disclosure: Trading cryptocurrencies or any other financial instrument involves a significant level of risk and may result in a total loss of your investment. You should consider carefully whether investing in Bitcoin or any other instrument offered by CryptoAltum is appropriate to your financial situation. CryptoAltum only accepts deposits in Cryptocurrencies. By trading with CryptoAltum you acknowledge your understanding of this risk disclosure and your agreement with the Terms and Conditions.

This website is not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation.

CryptoAltum does not accept any clients under the age of 18. 
  • Copyright Techcraft Ltd (CryptoAltum) 2020