Litecoin rises 330% in 1 month!

Today Litecoin, the "bitcoin-silver" (bitcoin is gold) rose to an all time high of almost $35. Then it went back to around $33. That's a 330% rise in 1 month! Litecoin is following the upward trend of Bitcoin.

Today Litecoin surged 19% (from around $28 to $33). The surge is due to increases trade volume. Probaly the planned activition today of Segwit and increases confidence in Litecoin is the big reason for the rise. Segwit is activated today in less then 3 hours. Segwit will increase blockcapacity for more transaction volume in the future. The rise is especcialy driven by demand from asia. Litecoin has solved this future problem, while bitcoin is struggling to activate Segwit, because there is too less support from the Bitcoin-miners.