why has litecoin gone down in january 2018

Last Updated on August 6, 2022 by

Litecoin Has Plunged 50% From Its All-Time High – Forbes

Litecoin Has Plunged 50% From Its All-Time High – Forbes

Litecoin has fallen sharply lately, declining to roughly half the all-time high it reached last month. The broader cryptocurrency market has …

Why Has Litecoin Fallen 50% Since June? – Forbes

Why Has Litecoin Fallen 50% Since June? – Forbes

Litecoin prices have declined sharply from their 2019 high, suffering significant losses as the digital currency struggles with numerous …

End of year crypto roundup: How did Litecoin perform in 2018?

End of year crypto roundup: How did Litecoin perform in 2018?

The market correction in 2018 brought its price back down by 88 percent to $26.05.

Litecoin (LTC) price analysis over 2018 – Coin Rivet

Litecoin (LTC) price analysis over 2018 – Coin Rivet

The LTC price dropped 86.84% since it opened at US$227.17 on January 1st 2018. It closed on December 31st 2018 at US$29.90.

Litecoin Beats Bitcoin's Price in 2018: But What Is It? | Fortune

Litecoin Beats Bitcoin's Price in 2018: But What Is It? | Fortune

The fourth largest digital currency by market capitalization has gone positively vertical this year, with Litecoin prices breaching $320 for the …

Litecoin price history 2013-2022 – Statista

Litecoin price history 2013-2022 – Statista

What is the price of Litecoin today? The cryptocurrency was valued at more than 184 U.S. dollars per coin during August 2021, a price that was nearly two …

Litecoin has lost over half its value since the creator sold all of …

Litecoin has lost over half its value since the creator sold all of …

Litecoin has plunged to the sixth-largest cryptocurrency by market cap after losing half of its market value in less than a month.

Can Litecoin Continue Its Run In 2018? – Seeking Alpha

Can Litecoin Continue Its Run In 2018? – Seeking Alpha

If Raiblocks were to hit the mainstream, it could seriously disrupt Litecoin’s market share.

January Outlook For Litecoin (Cryptocurrency:LTC-USD)

January Outlook For Litecoin (Cryptocurrency:LTC-USD)

Litecoin has suffered through the 2018 bear market as well as upgrades to Bticoin and Bitcoin Cash threatening its tech advantage.

If You Bought $1,000 Worth of Litecoin 3 Years Ago, Here's …

If You Bought $1,000 Worth of Litecoin 3 Years Ago, Here's …

It’s a high-risk, high-reward investment, even if those rewards have paled in comparison to some of the most popular coins.

What was the price of Litecoin in 2018?

around 25 dollars
In 2018, Litecoin suffers a new crash like the whole cryptocurrencies market and its price will fall back to a low of around 25 dollars on December 15, 2018. In 2019, Litecoin started in a bull market and its price climbed to $145 in June 2019. It then fell back to $50 in the second half of 2019.

What happened to Litecoin?

From there, Litecoin danced between top 3 and top 7 all the way to July of 2020, where it dropped below Cardano, and finally dropped out of the top 10 by market cap in late September of 2020.

Is it a good time to buy Litecoin?

Skipping ahead to 2025, most analysts predict that litecoin will have a bright future. Changelly predicts that litecoin could go as high as $295, with a minimum of $250.15. Coin Price Forecast is also bullish, indicating that the coin's value will rise through 2025, reaching $146.94 by the end of the year.

Why is Litecoin not popular?

Litecoin has a lower market cap than other cryptocurrencies and has lost market share. Litecoin is less scalable than competing blockchains, such as Stellar Lumens, which could limit its growth.

Is Litecoin dead?

There are other factors affecting Bitcoin such as the correlation with equities, that could be used to explain the massive price drop, but the fundamentals relating to the Bitcoin network and its uses seem to be improving over time. Clearly, the factors discussed above indicate that Bitcoin is not dead.

What was the lowest price of Litecoin?

Litecoin Price

7d Low / 7d High $60.03 / $65.63
52 Week Low / 52 Week High $40.68 / $294.56
All Time High May 10, 2021 (a year ago) $412.96 85.13%
All Time Low Jan 14, 2015 (8 years ago) $1.11 5414.37%
Litecoin ROI 1328.33%

How much will Litecoin be worth in 5 years?

With a 5-year investment, the revenue is expected to be around +222.98%. Your current $100 investment may be up to $322.98 in 2027. The price of Litecoin is expected to reach [a] minimum value of $2,200.24 in 2030.

Is LTC a good investment 2022?

Is Litecoin a good investment? Yes! According to future price forecasts, the LTC price is going to increase. As per the current surge in the price, by the end of 2022, the average Litecoin price is expected to be $90.

Why is Litecoin so cheap?

Due to the slow growth, many investors easily pick BTC over LTC. This means there is no new capital flow causing the price and transaction volumes to remain low. Most miners have also abandoned Litecoin after mining rewards were reduced. This has resulted in increased insecurity, with the network's hash rate falling.

When should I sell Litecoin?

You may want to sell LTC if you're seeking to: Sell your LTC for crypto or cash. Capture gains (or avoid losses) in times of price volatility. Realize gains from previous LTC purchases.

Is crypto dead 2022?

The crypto news outlet Coinpedia predicted ETH could end 2022 between $6,500 and $7,500 if the same bullish upswing that started in mid 2021 were to continue. However, 2022 brought a bearish downturn in the crypto market, making it clear that ethereum's price is not going to rise from sentiment alone.

Will crypto ever go back up?

Just as the Dot-Com Bubble bursting did not cause the end of the internet, today's crypto winter won't translate into the end of Internet 3.0.” The crypto market has bounced back before, and if the stock market can be referenced as an example, it is likely to rebound again.

Which is better Litecoin or ethereum?

Ethereum is the clear winner of this battle, and a much safer investment relative to LTC. It is important to remember that we are still in the very early days of crypto, blockchain and smart contracts – so all investments should be categorized as speculative. Don't invest any money you can't afford to lose.

What’s the highest Litecoin has ever been?

Litecoin Historical Price Data Litecoin's supply is hard-capped at 84,000,000 LTC, with 66,752,414 LTC in circulation. In 2017 Litecoin reached its all-time high of $417 on Coinbase before falling back down to roughly $20.

Should I buy litecoin or ethereum?

Ethereum is the clear winner of this battle, and a much safer investment relative to LTC. It is important to remember that we are still in the very early days of crypto, blockchain and smart contracts – so all investments should be categorized as speculative. Don't invest any money you can't afford to lose.

Why is litecoin so cheap?

Due to the slow growth, many investors easily pick BTC over LTC. This means there is no new capital flow causing the price and transaction volumes to remain low. Most miners have also abandoned Litecoin after mining rewards were reduced. This has resulted in increased insecurity, with the network's hash rate falling.

Is Lite coin dead?

There are other factors affecting Bitcoin such as the correlation with equities, that could be used to explain the massive price drop, but the fundamentals relating to the Bitcoin network and its uses seem to be improving over time. Clearly, the factors discussed above indicate that Bitcoin is not dead.

Which crypto will boom in 2022?

Lucky Block – Overall the Best Crypto to Invest in June 2022. DeFi Coin (DEFC) – The Best New DeFi Cryptocurrency. StakeMoon – Crypto with Great Staking Rewards. Bitcoin – Currently the Best 'Buy the Dip' Crypto.

Will Shiba Inu coin reach $1?

Shiba Inu became a popular meme coin partly because of Elon Musk's public mention of the project on Twitter, but its lack of use cases prevents it from growing in the new environment. That said, Shiba Inu won't be able to reach the $1 mark in the foreseeable future.

Is this the end of crypto?

People have started to speculate the end of crypto bull run due to recent dips. But the truth is, it isn't over yet. Read on to know why. The crypto market has been on a bull run for a considerable portion of 2021 (no, we're not ignoring the May crash).