Following an unprecedented day of trading for Litecoin at a higher daily USD volume than bitcoin, suspicions of a ‘pump-and-dump’ scheme in China have arisen following a correction in price. Chinese pyramid scheme? Just before, Litecoin has gained fifty US cents to a full US dollar in value – tantamount to Mazda selling more cars in a day than Toyota.
Reasons for these sweeping changes are as varied and unique as the current economic situations […]
