Litecoin founder Charlie Lee sells his LTC coins after monster rally

Litecoin is one of the strongest performers in the cryptocurrency market in 2017. In the past three months its price has increased from $51 to $361, gaining over 500 percent. However, the gains are even higher since January 1 -- 8,200 percent at peak value just a few days ago. Trading opened at $4.33 on the first day of the year. The stellar performance has attracted an interesting response from Litecoin founder Charlie Lee, who, against the norm in the crypto scene, advised people to "invest responsibly" and warned of a consolidation. That has yet to happen, at least to… [Continue Reading]