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LTCN +20% today at $16+ / Volume SIX-fold increase / 635+% YTD / valuation of LTC at $188+ per coin

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by COINS NEWS 161 Views

I know that there could be a lot of people thinking, that Litecoin is dead coin or old without use case - but that´s something which is Litecoin recently proving wrong. I am not here now to explain why is that, I just want to point out to Grayscale Litecoin Trust - LTCN.

LTCN https://www.grayscale.com/crypto-products/grayscale-litecoin-trust
LTC / SHARE - 0.08647218

To calculate valuation of real LTC from LTCN price, we have to multiply LTCN by approx. 11.5589.

Todays high was $16.25 LTCN => $188 LTC

LTC price is $73.50 which means a premium of 255%.

It looks like some institutional parties are expecting LTC to skyrocket (maybe LTC ETF?)

submitted by /u/NightKnight_CZ
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