The historical high price of Litecoin was US$375.29 on December 19, 2017, and the lowest price was US$0.47 on April 14, 2015. Price changes are affected by factors such as Bitcoin price, supply and demand, developer activity and market sentiment.
Litecoin’s highest and lowest price in history
Highest price:
- December 19, 2017: $375.29
## Lowest Price:
April 14, 2015 : - 0.47 USD
Price History:
Litecoin has experienced significant price fluctuations since its launch in 2011.
- 2013-2015: Litecoin prices surged during the Bitcoin bubble in 2013, but also experienced subsequent corrections. In 2015, the price hit a low of $0.47.
- 2017: Litecoin prices surged, led by Bitcoin, reaching an all-time high of $375.29 in December 2017.
- 2018-2020: During the bear market, the price of Litecoin dropped significantly. In December 2018, the price dropped to $22.
- 2021: The cryptocurrency market recovers, with Litecoin price rising again, reaching its second all-time high of $489.
- 2022-Present: Litecoin price has been in line with cryptocurrency market trends, fluctuating significantly in 2022 and 2023 due to market downturns.
Influencing factors:
Litecoin price is affected by many factors, including:
- Bitcoin price : As an altcoin, Litecoin price is often correlated with Bitcoin price.
- Supply and Demand: Litecoin has a limited maximum supply, which may affect its price.
- Developer Activity: Updates and improvements may increase demand for Litecoin, thereby increasing its price.
- Market Sentiment: Overall confidence in cryptocurrencies and market sentiment affects the price of Litecoin and other cryptocurrencies.
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