Five reasons for the sharp increase of litecoin
One of the popular cryptocurrencies, litecoin, surprised experts by its price growth during the current week. The details are in our photo gallery
During the last week, litecoin showed a sharp growth, surging by a record-high 333%. Last Thursday, 7 December, the cryptocurrency grew in price by 38%; and on Sunday, it increased by already 29%. On Monday, 11 December, it was followed by a meteoric rise of 73%. At the moment, litecoin costs more than $300. Experts tried to figure out what was behind that incredible boom.
Bitcion appreciation and the beginning of futures trading
The high inflow of users to Coinbase
Customers become more attentive to litecoin
Casual customer
The importance of social networks and mass media