Keeping up with the changing attributes in the crypto domain is highly challenging in this busy world. Therefore, the article intuitively covers the recent advancements with respect to Litecoin.

Achievements of Litecoin

With respect to Litecoin, the cryptocurrency coin has been recently listed on the Gemini Crypto exchange, which has resulted in a slight bullish exhibition in the prices. Also, Litecoin has been incorporated by SFOX, the Palo Alto-based company formed in 2014, which assists professional traders for their operations in high volumes. They clearly mentioned that the incorporation of Litecoin was solely, due to the incoming pressure from their customers.

Also Asian Tech Giant, HTC has recently announced the incorporation of Litecoin along with Bitcoin in their blockchain-based flagship smartphone, HTC Exodus. Also, Charlie Lee would serve as an advisor to the team members of HTC Exodus. The Taiwanese company would bring the decentralized applications into the hands of people in a fundamental manner.

Price analysis

LTCUSD Price Chart

July

The Crypto coin was consolidated around $80 but reached the all-time high of its month, that is $90.

August

The prices significantly fell in the month of August and reached up to $60. And the month low was observed at $50.

September

Even in the month of September, the prices were revolving around $60 but touched $48 on September 12th.

October

From $61 the litecoin price has constantly been falling and the seventh largest Crypto coin is trading around $53.77.

Nadja Eriksson

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