Litecoin (LTC) went over $1 US today as it enjoyed an incredible long weekend rally up to $1.15 spiking around 40% and going to .001 vs the Cryptocurrency Giant Bitcoin (BTC), which is currently looking to test the $100 mark.
There was a buzz at BTE-E.com chatbox as litecoin (LTC) broke the $1USD mark and continued to move up to $1.15 before settling in the 1.11-1.12. BTC-E.com is the major site to transact in Litecoin so was a front row seat to witness the big upsurge beyond the $1 physiological barrier
Litecoin has proven to be difficult to get exposure to as many frantically asked how they could purchase the little known p2p currency, converting BTC to LTC seems to be the favoured method so first having BTC would seem to be a requirement.
Litecoin looks to be going skywards given its low price in comparison to Bitcoin but with similar attributes there is seemingly not much too stop it, expect maybe sourcing it for yourself.
By Joseph Gale
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