Today has proven to be a majestic day for Litecoin. Although this altcoin is often overlooked amid all the pump-and-dump schemes, it is still a very solid currency. Thanks to Litecoin’s recent gains, it’s now valued at over US$83. This year is a gift that keeps on giving for all cryptocurrency supporters, by the look of things.
Litecoin Price Hits All-time High
It almost sounds like a broken record, but we have another all-time high for a very popular cryptocurrency. After Bitcoin, Ethereum, Monero, and Dash all set all-time highs in recent days, it is now Litecoin’s turn. With a Litecoin price of over US$83, the sky’s the limit, so to speak. We’ve seen massive growth among all altcoins which have solid technical foundations, and it would be wrong to not include Litecoin on this list.
The sudden Litecoin price gain is a bit surprising, although it was only a matter of time in hindsight. After all, we’re seeing all currencies in the top 10 hitting new support levels with higher lows and higher highs. This trend may not be sustainable in the long run, but for now, all systems are go. The Litecoin price may even surpass US$100 before the year is over, as nothing seems impossible in the cryptocurrency world these days. Then again, one should always remain a bit cautious…