There is a common misconception when it comes to prices in cryptocurrencies. For example, many people are discouraged from buying Bitcoin because “it is so expensive right now.” One should not compare cryptocurrencies based on market capitalization. The price per coin then comes when you divide the market cap to the available number of coins. Given that currently there are more than 3.5 times more Litecoin than Bitcoin circulating the market right now, the price reflects that.