LightCoin traded at a one-year high in February. The cryptocurrency held above $100, the last time it was at that level was in May 2022.
On the background of the March rally, the open interest in LTC-futures was close to $350 million. In April litecoin again tried to break above $100, but there was increased resistance, and the coin began to retreat.
On the night of Wednesday, May 10, the rate of LTC fell to $79.63.