Why Is Litecoin Sinking? Will LTC Retest $120 Mark?

Litecoin was among the top five cryptocurrencies a few years ago. After the founder of LTC, Charlie Lee, declared that he sold all his LTC to focus more on the development of blockchain technology, then the price of the coin declined significantly. 

It is designed on a Bitcoin protocol to enable peer-to-peer exchanges at affordable costs. The aim is to enable faster, more secure, and low-cost transactions. The total supply chain of Litecoin tokens has a hard cap of 84 million. It also…


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