Litecoin Price Falls Below $220 Due to LitePay Debit Card Launch Fail

Home / Litecoin Price Falls Below $220 Due to LitePay Debit Card Launch Fail

In the past 24 hours the price of LTC went from $230 to $216 (press time) and it seems that such decline trend continues. Experts suggest that indefinitely delayed launch of much anticipated fintech start-up LitePay debit card, which was planned for February 26th, might be the reason for this. In their official email to users, the company said that launch did not go according to the plan due to “hostile actions by card issuers towards crypto communities.”

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