Is it too late to get back on the Litecoin train?

By LeftFooted | bitcoinea | 24 Feb 2025


I used to own Litecoin. A lot of it. Okay, not a lot of it. Some of it.


I'd been a Litecoin holder for a very long time but after a few bull runs where LTC didn't really go anywhere, well, I just gave up on it.


But maybe it was the wrong move.


Litecoin transactions surged 243 percent in five months, chiefly due to the hype surrounding a potential Litecoin ETF.


Daily LTC transactions on the Litecoin network have hit $9.6 billion per day on average, which is quite striking.


Litecoin has been around for a long time, one of the oldest altcoins ever.


It was launched in 2011 and, just like BTC, it is a proof-of-work crypto with a limited supply.


In Litecoin's case, that's 84 million LTC.


Litecoin peaked very early. I remember buying one LTC for about $150 around 7-8 years ago.


It then reached its all-time high in May 2021, $386, but because I'm an idiot I didn't sell.


Maybe I should buy back into it, or not.

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


bitcoinea
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