Litecoin has lost over half its value since the creator sold all of his stake
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. During its astronomical rise, Lee was often accused of manipulating the price of Litecoin through his tweets and public appearances.
Source:: https://finance.yahoo.com/news/litecoin-lost-half-value-since-220400409.html
