Litecoin rises for first session in three

Litecoin rose 4% from February 8 lows after spiking 30% on Friday to November 14 highs, while marking a weekly profit of 40%. 

As of 05:50 GMT, Litecoin rose 3.71% to $43.574, with a session-high at $43.781, and a low at $41.962. 

Litecoin slumped 8% earlier this week on profit-taking after surging before following the announcement that Litecoin is partnering with Beam to develop new protocols that would enhance privacy. 

Otherwise, Litecoin adopted a new logo with a blue color to replace the main silver design, in order to reflect "confidence" and "speed". 

Litecoin marked ten monthly losses 2018, marking also the longest losing streak since the first half of 2015. 

The Path of Litecoin

Litecoin was first publicly offered in the first half of 2013 at only $3, marking record lows at below $1 in early 2015 before taking off on its long and spotted journey higher. 

The cryptocurrency pierced $100 for the first time on November 29, 2017, before scaling a record high at $370.78 on December 19, and plummeting back below $100 on June 12, before marking 1-1/5 year lows recently at $22.54.