LTCN is Trading at Over 20 Times the Value of LTC

LTCN Premium

LTCN is trading like Litecoin is worth 20 times what it is worth. LTC is currently worth $60, while LTCN is trading like Litecoin is worth about $1,380.

This is especially odd, even for a Greyscale product, due to the size of the premium and the fact that Litecoin’s price action outside of Greyscale is rather tame for crypto.

Just check out the chart above to see how out-of-hand this has gotten.

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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