Since the weekend, the price of Litecoin is increasing almost non-stop, at the time of publication of the article, the price equals to about 330 dollars, and growth over the past day amounted to 67%.
Along with the growth rates, market capitalization althena grew from $ 8 billion to more than $ 17 billion in just two days.
Race prices is largely due to a combination of increased awareness of bitcoin and also the possibility that Litecoin will be the preferred method of payment, if the price of bitcoin will be so high that small payments would not make sense to pursue.
Price hike led to a wave of tweets under the hashtag #ShouldveBoughtMoreLitecoin, as investors regretted not buying more altcoins, when prices were low.
It should be noted that Charlie Lee, the Creator of litecoin warned on his Twitter account that such a sharp increase in prices will inevitably be followed by correction. And for those who want to invest in cryptocurrency, if you are not ready to endure another drop in litecoin.