When did LTC start? What is the prospect of LTC?
When did LTC start? According to cryptocvest news, LTC started on June 15, 2018.
When did LTC start? According to cryptocvest news, LTC started on June 15, 2018. According to statistics, the price of Litecoin was $4 per coin, calculated at 1 cent, from August 2013 to the end of September 2019, the price of Bitcoin has increased 5 times. At that time, Litecoin mining pool (BitcoinPool) had already announced the mining of the first batch of Litecoin. However, according to information from the LTC official website, this mining power began to develop around mid-July 2017. Starting from the end of 2017, investors in the entire market considered this as a temporary trend because they were not interested in or willing to invest in such coins. Therefore, they did not buy, but obtained these tokens through purchasing and holding, and their investment decisions were managed through idle devices or exchanges they controlled.
Due to this reason, the issuance of Litecoin was also very short-lived and only gradually matured in the past few months. But just a few days later, it became the focus of attention again, and some even said it was one of the hottest projects this year.
What is the prospect of LTC?
According to a coindesk report, what is the prospect of LTC? According to data from Coinmarketcap, LTC is the first cryptocurrency launched in New York City in March this year. Its value comes from the volatility of Bitcoin and the exchange rate difference with the US dollar, among other factors. Therefore, from a technical analysis perspective, this coin is not particularly mature at the moment. However, if it develops into a stable and secure asset category in the future, its potential could be significant.
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