Litecoin Price Jumps Nearly 30% as Founder Lee Remains Upbeat
Litecoin price posted one of the biggest gains today, jumping from $236.76 at the start of the day to a high of $305.66 around noon Saturday (UTC), marking a 29% gain, before sliding back to $290.08 at the time of this report. With a market valuation of $15.85 billion, Litecoin is the fifth largest crypto by market cap behind fourth-place Cardano, with $28 billion.
One Day Price
Today’s high was well below the $370.78 Litecoin hit on Dec. 19 amidst the fourth quarter market rally. Litecoin creator Charlie Lee liquidated his LTC holdings shortly thereafter, claiming he wanted to remove his personal influence on Litecoin’s performance.