Litecoin Metrics & Price Are Strengthening but Is It Too Much, Too Fast?

By CCN: As the bitcoin price barrels toward $9,000, the cryptocurrency community is riding high. Litecoin Creator Charlie Lee is among them, retweeting a meme from 2017 when the bitcoin price was nearing the $9K level for the first time ever. Now that bitcoin’s seemingly on its way back and beyond, other cryptocurrencies are also enjoying a bull run – including Lee’s Litecoin. LTC has added nearly 13% in the last 24 hours alone, bolstering the per-coin price to $115 on trading volume of roughly $7 billion. Litecoin Foundation Director Franklyn Richards recently evaluated some of the network fundamentals, suggesting

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source https://www.ccn.com/litecoin-metrics-price-strengthening

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