Litecoin (LTC.X) founder Charlie Lee dumping all of his holdings in the cryptocurrency is playing a big part in the sell off the crypto coin. The secondary coin sometimes referred to as the silver to the gold of Bitcoin (BTC.X) is still up an amazing 6,700% in the last year. The question here is whether Litecoin will trade higher by January 31 than the current price right below $260. My guess is that cryptocurrencies will have a rough month as the markets will question the claims that the founder cashed out to focus on developing the digital currency and as opposed to profit on the big gains of the past year.Disclosure: No position