Litecoin hits a new all-time high of $255 as the cryptocurrency surged by over 50% in past 34 hours and 5500% in last one year. Litecoin (LTC) (LTC/USD) is currently dominating the crypto charts. Coinspeaker reported.
In the past 24 hours, the price of Litecoin has surged over 45% hitting a new all-time high of $255.40, according to CoinMarketCap.
The 24-hour trading volume for Litecoin has crossed $4.68 billion while the market cap has now reached above $13 billion.
On Monday morning, Litecoin creator Charlie Lee appeared on CNBC and talked about the link between the cryptocurrency and the technology that supports it.
He highlighted the fact that one of the major challenges the cryptocurrency faces is the network support to survive in the long term. Charlie said that in future we will have only those cryptocurrencies who offer good network services.
Litecoin started the year 2017 at just a mere price of $4.3.