I know that there could be a lot of people thinking, that Litecoin is dead coin or old without use case - but thatΒ΄s something which is Litecoin recently proving wrong. I am not here now to explain why is that, I just want to point out to Grayscale Litecoin Trust - LTCN.
LTCN https://www.grayscale.com/crypto-products/grayscale-litecoin-trust
LTC / SHARE - 0.08647218
To calculate valuation of real LTC from LTCN price, we have to multiply LTCN by approx. 11.5589.
Todays high was $16.25 LTCN => $188 LTC
LTC price is $73.50 which means a premium of 255%.
It looks like some institutional parties are expecting LTC to skyrocket (maybe LTC ETF?)
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