Litecoin Plummeted This Week, But Is It Worth Grabbing at a Low Price?

Litecoin Plummeted This Week, But Is It Worth Grabbing at a Low Price?

InvestorPlace Assistant News Writer Brenden Rearick wondered in early May if Litecoin (CCC:LTC-USD) would keep moving higher after trading volumes were more than 140% higher than usual.

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My colleague provided LTC price predictions that ranged from $500 to $762 by the end of 2021. For a time, it looked as though these guesstimates would be pretty darn accurate as LTC shot up to an all-time high of $412.96 on May 10.

And then the wheels fell…


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