Where Is The Litecoin Cash Price Headed?

Litecoin Cash spun out of Litecoin proper in 2018. A separate entity from Litecoin’s developers led this fork. Initially, the fork resulted in a valuation of roughly $0.15. The project is a relatively small one that doesn’t differentiate from Litecoin much. Its use as an investment cryptocurrency is relatively limited at this point with a valuation of less than $0.02. Currently, 11 exchanges carry LCC and support buying and trading.

The Litecoin Cash Price fluctuates between $0.005 and $0.05 over the past few months. It remains to be seen whether its price will recover and increase over the coming months. In most cases, investors focus on larger cryptocurrencies with a higher upside. LCC may have a trick or two up its sleeve to increase its perceived value. Initial recipients of the hard fork’s currency would have profited the most from LCC.