Today is Litecoin’s turn to go on a rally as it rises by over 20%.
Yesterday Litecoin’s price was $250 it is currently at $307! The rise in price comes following news that Litecoin are planning a ‘soft fork.’ Charlie Lee (creator of Litecoin) tweeted:
I’m proposing an upgrade to Litecoin with a soft fork that will let miners signal their min accepted fee in the block header. This will let a fee market develop without having us decide what the min fee is. Will also make it easier for users to estimate fees. More details later.
Charlie Lee also wrote a blog on his vision for the future of Litecoin and Bitcoin, which can be read here.
We would not be surprised to see the price of Litecoin reach $350 and possibly $400 very soon.
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