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.