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Litecoin has lost half its value since the creator sold all of his stake

Litecoin price

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

The cryptocurrency, created by former Coinbase engineer Charlie Lee in 2011 as a quicker alternative to the flagship bitcoin, was worth an all-time high of $365 as recently as December, according to Markets Insider data.

That price had plunged by more than half to $178 by Tuesday read more >>>

Source:: BusinessInsider.Com