Litecoin has a history of going through exaggerated parabolic cycles. These parabolic runs usually happen with the rise in Bitcoin prices. By considering that historical trends repeat themselves, chances are highly likely for Litecoin to show a parabolic run.

There is a significant potential for an upside run. If the Bitcoin continues to climb higher, Litecoin will propel, probably in a violent rally. A roller coaster year ahead for the token. Investors by Litecoin in exchanges, over the counter, and in ATM/P2P.

The difficulty ribbon of Litecoin is recovering, which will as well contribute to a bullish run.

Binance has announced: “#Binance Futures Will Launch LTC/USDT Perpetual Contract With Up to 75x Leverage.” The exchange has added LTC/USDT to its list of perpetual contracts on January 08, 2020. The perpetual contracts can be traded from January 09, 2020.

CZ stated: “We believe fiat will co-exist with crypto for a long time to come. More than 99.9% of the global money supply is still in fiat, and we need to continue building bridges to enable easier flow into crypto.”

Litecoin (LTC) Price Trends

Litecoin (LTC) price has been trending at $47.78, with the 24-hour trading volume at $3,044,977,794. Price is up by 5.5% over the past 24 hours. The circulating supply is at 64 Million coins with the max supply of 84 Million coins.

Charlie Lee stated, “I found @SatoshisPlace the most interesting cryptocurrency-related project of 2018. @CasaHODL Node the most interesting of 2019. I dunno what I will find interesting in 2020, but it will probably be built on Lightning.”

Paying with Litecoin

Litecoin is for both businesses and individuals. For companies, LTC powers transactions worth billions of dollars in trade across the world every day. Traders get empowered by decentralized commerce. Businesses across all levels can transact without intermediaries. They can transfer money quickly at all times for lower fees while enjoying the security of the multi-billion dollar Litecoin network. Litecoin is integrated for payment at the point of sale, banking, in payment gateways. Litecoin Core Full Node Client is available in a promotional asset pack.

Litecoin for Individuals serves as a digital wallet or online crypto bank where clients can store Litecoin. The token can thus be managed stored. Further, the wallet can be used to send and receive fractions of tokens to anyone else with a wallet. Tokens can be transferred anytime, as the network never sleeps.


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