CryptoCurrencyWire’s latest audio production features Charlie Lee, Creator of Litecoin and Director of the Litecoin Foundation, a non-profit organization focused on promoting the adoption, education and development of Litecoin.
To begin the interview, Lee discussed the volatility of the cryptocurrency space since he founded Litecoin in 2011.
“The whole crypto space has gone through many boom-and-bust cycles where bull markets and bear markets set the price. The price has gone crazy,” Lee said. “When I first got into bitcoin, it was at $30. It crashed to like $2, then it’s been up and down. Recently, we’ve crashed back down quite a bit since the high of almost $70,000. In terms of price, it’s been a crazy, wild ride.”
Among other topics, Lee then addressed how Litecoin has maintained a strong position in the market as many other large market cap cryptocurrencies have fallen by the wayside.
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