With cryptocurrencies continuing their wild ride, investors should stay away from Litecoin (CCC:LTC-USD) for the time being.
Source: Wit Olszewski / Shutterstock.com
Like all cryptocurrencies, LTC has been experiencing extreme volatility.
Between May 9 and 23, Litecoin’s price fell 71%, from a high of $408.57 to a low of $118.66. The digital coin’s price has since rebounded and is today trading at right around $199.
On May 26 alone, Litecoin’s price rallied 10% higher. The big…
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