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The price of the Lillian Coin was one of the biggest gains yesterday, jumping from $ 236.76 at the beginning of the day to a high of $ 305.66 yesterday afternoon, gaining 29% before sliding to $ 290.08 at the moment. With a market value of $ 15.85 billion, Late Queen ranks fifth among the largest in terms of market capitalization after Cardano's fourth place, with a market value of $ 28 billion. Today's rally is lower than the $ 370.78 achieved on December 19 amid higher market prices in the fourth quarter. Charlie Lee, the founder of the Lite Queen, liquidated his holdings shortly thereafter, claiming he wanted to remove his personal influence from currency performance. And then the price dropped to $ 218.62 on December 22, and the currency continued the journey of up and down. On the other hand, alternative digital currencies have been bypassed by Tron, the pluxin-based entertainment platform with more than 300,000 active users, by market value.
The price of the Lillian Coin was one of the biggest gains yesterday, jumping from $ 236.76 at the beginning of the day to a high of $ 305.66 yesterday afternoon, gaining 29% before sliding to $ 290.08 at the moment. With a market value of $ 15.85 billion, Late Queen ranks fifth among the largest in terms of market capitalization after Cardano's fourth place, with a market value of $ 28 billion. Today's rally is lower than the $ 370.78 achieved on December 19 amid higher market prices in the fourth quarter. Charlie Lee, the founder of the Lite Queen, liquidated his holdings shortly thereafter, claiming he wanted to remove his personal influence from currency performance. And then the price dropped to $ 218.62 on December 22, and the currency continued the journey of up and down. On the other hand, alternative digital currencies have been bypassed by Tron, the pluxin-based entertainment platform with more than 300,000 active users, by market value.
Encourage Charlie Lee
Lee reiterated that he was not concerned with the direction of the short-term Lietight Quinn price. Other indicators showed that Lait Quinn was a more active Blocin network than its competitors. He also said he did not care much about the currency order in terms of market value, but was more concerned about the number of transactions. He said that people need to use the Lite Queen already, and this would push the price up. He added that the Lait Quinn is doing very well in terms of growth in use compared with its growth last year. "We will not let the price distract us from what is really important," he said.
It is not yet clear whether the White Queen will go beyond Cardano, but if it can maintain its current momentum, it may be possible in the medium term. On Dec. 20, Lee revealed that he had liquidated his entire balance and donated it to Lait Quinn, although that did not mean he had abandoned developing the fifth largest digital currency. He said he had liquidated his property because he had a great influence within society and had the ability to move markets through his public comments on Twitter and other social networking sites.
Mixed responses
As a result of Lee's announcement, he received mixed responses, with some community members praising his "sacrifices," while others questioned whether his absence would make him less of an investment in the long-term success of the Lite Queen. Mike Novogratz, the billionaire and director of the Galaxy investment company, wondered if the move was good, saying on his Twitter account that he would be worried if the founders of the etherium Vitalik Buterin or Joseph Lubin liquidated their ether assets. Novogratz also attributed the large rise in the currency of the Lait-Quinn in early December to the "emergence of the founder", who made several important media statements during the week.