Litecoin value in the market drops with over 90% when it touched low of 0.007055 as of this end of November. This downtrend may be due to the increasing number of ICO scams that still operates in the market, promising to acquire a big return from a relatively small investment. Most cryptocurrency scams would assure an ICO is going on sale allowing investors to have a gain of higher profit. Another factor that could have affected the market is the saddened news about the death of George H. W. Bush which his term in the office had caused a revolution in the human liberty that had swept the people and the organizations around the globe.