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Price Analysis

Litecoin (LTC) Price Analysis: All Hail The Coin LTC As The Token Holders Rejoice Ongoing Positive Trends

  • Litecoin can now be sent and received on your fingertips through Whatsapp
  • Litecoin good days have just begun, progressing trends ahead

Litecoin is one of the cryptocurrencies which has responded positively to the Bitcoin bull run in the month of May 2019 and if market sentiment has to be believed, LTC token value will surge higher further in the next one month. The coin can now easily be shared through Whatsapp, and this announcement has brought it closers to the end user making mass adoption easier and convenient. Moreover, Litecoin’s partnerships with big players like Amazon and Paypal, among others, will have a strong impact on the coin’s growth trajectory.

Litecoin Current Price Statistics:

Litecoin Price Chart

The value of Litecoin has shown a tremendous surge of over 35% in the last month, reaching as high as $107. The price has maintained a steady trend above $100 in the last one day and is again soaring higher as noted on May 26, 2019 at 09:27:45 UTC.

ParticularsStatistics
Price  (USD)102.33
Price (BTC)0.01275396
Market Capitalization6,321,345,769
24h volume4,266,261,146
Circulating Supply61,940,801 LTC
Return on Investment2,257.05%

 The value of LTC coin showed a steep surge crossing the $100 mark after May 10 as shown in the above graph and maintained the upward movement till about May 17 post which it dropped down before surging back again. The price of the coin is currently $102.33 with a market cap of over $6 Bn. The coin is appropriately placed at the 5th position in the global ranking and continues to entice traders.

Conclusion:

Litecoin value seems to find peace over $100 mark and going to go up soon reaching $150 in the next 3 months. This is the right time to invest in the coin for long term results. Buying LTC can also be fruitful now as the currency can be shared through easier means through various mobile applications.

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Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.

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