Litecoin Cash Off To Slow Start

Investing, News | February 22, 2018 By:

The Litecoin Cash hard fork is off to a slow start.

The LCC coin is trading at $4.43 this afternoon after hitting as high as $9.20 on Feb. 20, its launch date. It opened at $1.40 per coin.

The current price is far below Litecoin’s $195.67.  To incentivize buyers, LCC is offering 10 free coins to current Litecoin holders, although you will have to retrieve it from an online wallet. ‘

Litecoin Cash is listed only on  YoBit.  The website for the new crypto lists the Mercatox exchange and Trade Satoshi exchange, but neither has integrated the cryptocurrency.

Litecoin creator Charlie Lee has condemned the new crypto’s name choice as causing market confusion, and warned that he and his team had nothing to do with it.