Litecoin surpasses $90 mark, reaches all time high

Litecoin was one of the more stable currencies this August, and after the public got glimpses of Lightning Network working on LTC the coin went to the moon, almost literally.

Litecoin surpasses $90 mark, reaches all time high

Recent activation of Lightning Network prototypes on litecoin's segwit is the most likely culprit. Just as planned 👌

Litecoin was one of the more stable currencies this August, with the coin price fluctuating between $42 and $50 for the vast majority of our Pre-ICO, until it started growing on August, 28th. While our analysis predicted $90 = 1 LTC for September 2017, which was the target month for Lightning Network activation, we didn't anticipate it to rise so quickly. Life threw a curveball and instead of working on LN developers had to fight the hard-fork attach of BCH and SegWit2x. So no lightning network, but crazy valuations instead.

We, honestly, cannot complain. This effectively doubles the value we're getting from Pre-ICO investments, allowing us to develop better products for our community.

litecoin price chart

Related Articles