Home Coins Litecoin (LTC) Wish you bought Litecoin and other top alts at mid-2017 prices? Here’s...

Wish you bought Litecoin and other top alts at mid-2017 prices? Here’s your second chance

Several crypto assets are currently priced near their mid-2017 valuations, potentially offering a second chance to latecomers. One major caveat, however — these assets may never reach their highs again, or even rise at all from here. Buyers beware and do your own research. 

Litecoin (LTC) sat at a price of around $33 on June 11, 2017, according to a historical snapshot from CoinMarketCap. Its current press time price trades slightly higher, at around $46 — a dramatic difference from its all-time highs near $365. 

Ethereum (ETH) held a price of $340, just $2 away from its current press time price near $342. Ripple’s XRP hosted a $0.27 price tag. Currently, the asset actually boasts a lesser price at $0.23 per coin. 

Zcash (ZEC), on the other hand, cost $331 per coin back then. The asset currently trades near the $54 mark, a far cry from its former glory.  

Crypto has provided second and third chances at wealth through the years, although second chances sometimes come in different shapes and sizes. Just because these assets carry prices similar to years prior, it does not mean that those assets will ever see any price increase from here whatsoever.

Decentralized finance, or DeFi, appears to be a current early adopter category within the crypto industry. Many assets involved in the sector presently see obscenely bullish price action while participants seek high interest rates in tandem with loans and other speculatory activities. This sector, however, is also quite risky and complicated. Opinions vary on the viability of the DeFi niche as a whole. 

Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
474FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,553FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.18
GBP
1.31
CHF
1.10
NOK
0.11
JPY
0.01
CAD
0.76
AUD
0.71

Most Popular

Kraken relaunches crypto trading in Japan as part of APAC expansion

Major U.S.-based cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan, furthering its expansion into the Asia-Pacific (APAC) region.On Oct. 22,...

True decentralization is a way off

U.S. presidential candidate Brock Pierce believes true decentralization, in its purest form, does not exist today, and is not practical in the near...

Calcite product release

Calcite product release You've successfully subscribed to Synthetix Blog Great! Next, complete checkout for full...

Russian officials must now declare crypto holdings

Russia's public officials will be mandated to declare all private crypto assets holdings from New Year’s Day, 2021.The requirements were announced on Oct....
bitcoin
Bitcoin (BTC) $ 12,755.73
ethereum
Ethereum (ETH) $ 394.07
ripple
XRP (XRP) $ 0.254830
tether
Tether (USDT) $ 0.998588
bitcoin-cash
Bitcoin Cash (BCH) $ 266.20
bitcoin-cash-sv
Bitcoin SV (BSV) $ 167.23
litecoin
Litecoin (LTC) $ 54.87
eos
EOS (EOS) $ 2.64
binancecoin
Binance Coin (BNB) $ 30.25
okb
OKB (OKB) $ 4.95
tezos
Tezos (XTZ) $ 2.15
leo-token
LEO Token (LEO) $ 1.24
cardano
Cardano (ADA) $ 0.105834
monero
Monero (XMR) $ 121.27
stellar
Stellar (XLM) $ 0.084388
chainlink
Chainlink (LINK) $ 10.84
huobi-token
Huobi Token (HT) $ 4.48
tron
TRON (TRX) $ 0.026979
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 74.85
neo
NEO (NEO) $ 18.37
iota
IOTA (MIOTA) $ 0.286784
nem
NEM (XEM) $ 0.105499
zcash
Zcash (ZEC) $ 63.24
maker
Maker (MKR) $ 579.57
paxos-standard
Paxos Standard (PAX) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 5.46
vechain
VeChain (VET) $ 0.011189
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 3.77
kucoin-shares
KuCoin Shares (KCS) $ 0.914453
waves
Waves (WAVES) $ 3.10