Litecoin has been one of the most wonderful performing cryptocurrencies in the past 12 months. If you bought litecoin at the beginning of 2017 for $4.5, you will get nearly 8,000% by the end of the year! This is almost 80 times your investment. So if you invest $500 in January 2017, you will get a profit of nearly $45,000 when the price of litecoin reaches its peak in December 2017. So, the analysis of litecoin price history data in 2017 you should pay attention to.
You can see the historical price trends of litecoin in the chart below. There is no doubt that litecoin has shown a huge growth rate last year, making it one of the top ten cryptocurrencies for percentage growth. What we can see from the the price chart is that the litecoin price history data of 2017 is very high.
Before we make the prediction of litecoin, another important thing you should know is that it has a high volume of transactions, which means that more and more people are selling and buying it on the cryptocurrency market. After ethereum, it ranked fourth in terms of trading volume.