![6z7xee4mhc301.gif](https://steemitimages.com/DQmV1sqmY8xc2WSBfo9Y75ZUZmCZ3qppNJjFJu4xtQJwvoc/6z7xee4mhc301.gif)

### To the Moon

In just over a day, Litecoin has gone up from just over $140 USD up to 240$.  In short, if you're holding Litecoin right now you probably feel like this:

![rCdo6m6.gif](https://steemitimages.com/DQmcRUaPgxt2eU6kD7zQ3cz6pz369ysYp2mZb7558jFdLgf/rCdo6m6.gif)

### What's causing the sudden increase?

A lot of new blood has been getting into Crypto lately. Coinbase is the number one app in the App Store/Google Play and they are getting 50,000+ new members a day.  Every new comer starts with Bitcoin - but Bitcoin is just the start.  It's a gateway drug to other cryptocurrencies and Litecoin has been marketed as the Bitcoin Jr.   At the price of $17,000+ USD people think they might be too late to buy Bitcoin and get rich.. then they see the price of Litecoin and jump in.

There has also been a lot of hype and good news around Litecoin.  Charlie Lee has been getting a lot of face time in the media as well.  Check out his interview with Glenn Beck(if you can stand Glenn Beck):

<iframe width="560" height="315" src="https://www.youtube.com/embed/Gp-uS_-4LnQ?start=291" frameborder="0" gesture="media" allow="encrypted-media" allowfullscreen></iframe>

#### Think this is just another pump and dump?

After a 50% increase in 24 hours I do expect to see a small pullback - but it will likely continue to hit new ATH's every other week.  In closing:

![MU2uau6.jpg](https://steemitimages.com/DQmfA5NxaUx6wsSWT8JEaetwYu42dh9N3794ytsdGsHWDtY/MU2uau6.jpg)


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