LTC appears to be edging higher due to news of an upcoming fork called “Litecoin Cash,” which is promising new tokens to existing holders at block 1,371,111. For every 1 LTC held at block 1,371,111, holders will receive 10 “LCC,” according to the official website.
Forks are cool sometimes if you can make a quick buck but mostly they really just confuse people. Look no further than the many BTC forks we now have.
What are your thoughts about forking?