Litecoin price history

Litecoin (LTC) is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee, a former Google employee. Litecoin is often considered as a "lite" version of Bitcoin, as it shares many of the same features but with some differences.

Here is a brief overview of the price

history of Litecoin:

On October 7, 2011, Litecoin was first launched, and its price was around $0.002.

By November 2013, the price of Litecoin had risen to around $4.30.

In December 2013, the price of Litecoin reached an all-time high of $375.29, driven by the overall bull market in the cryptocurrency industry at the time.

In early 2014, the price of Litecoin declined along with the broader cryptocurrency market and fell to around $10.

Throughout 2015 and 2016, Litecoin remained relatively stable, trading between $1 and $5.

In 2017, Litecoin saw significant growth, with its price increasing from around $4 in January to over $300 in December. This growth was driven by increased adoption and awareness of cryptocurrencies, as well as the implementation of the Segregated Witness (SegWit) protocol on the Litecoin network.

In late 2017 and early 2018, the broader cryptocurrency market experienced a significant correction, and the price of Litecoin fell to around $20.

Since then, Litecoin has seen some ups and downs, with its price ranging from around $20 to $400. As of April 9, 2023, the price of Litecoin is around $153.

Overall, like many cryptocurrencies, Litecoin has experienced significant price volatility throughout its history. However, it has remained one of the most popular and widely used cryptocurrencies, with a strong community and active development team.