The Rise of Litecoin
Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project which is inspired and nearly identical to the architecture of Bitcoin.
As of recently, Litecoin has been soaring in price despite the recent blunder the market has had.
Chinese and Korean corporations have put huge investments into the coin, giving it a $2,240,766,172 market cap as of the 18th June.
With over $1 billion trading volume in 24-hours, one cannot deny the success of Litecoin right now.
Unfortunately, we have seen several LTC price rises over the past few months, which never lasted all that long.
It is unclear if this new upward trend will be sustained in the long run, though. If the trading volume stays as high as it is right now, things are looking quite good for Litecoin.
Will it one day be able to challenge the likes of Bitcoin or Ethereum?
Let me know what you think.
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https://steemit.com/cryptocurrency/@franqueff/altcoins-mining-with-gpu-from-home :D
I will check it out and I agree that Monero is doing pretty well at the moment.
Well You see the fundamentals, it was already a big currency which was somehow not achieved its potential. But now it'll go a long way that's for sure.
Have you put any investment into Litecoin as of recently?
Yeah I did . Few days back when it was 100000 satoshi's . Now it is trading at 1500000 satoshis or more.
Congratulations on the huge profits.
I hope it still climbs.
Thanks a lot. I really hope it'll climb more so.
Have you invested in litecoin?
please follow me and I'll follow you back :D
http://Facebook.com/JoeyArnoldVN
I will do!
Like this post. Was just thinking about this yesterday, as my litecoin just increased in value for the first time. Keep up the good work.
Upvoted and Followed!
I'm happy for you that you are beginning to make a profit.
The only way it can go is up.(hopefully)
Thanks for the post. Short and on point. The recent Litecoin price made me buy my first Bitcoins.
haha, Great to hear!
Welcome to Steemit :)
I follow u, follow me back if u want lot of fun and amazing picture every day.
I've seen you on a couple of threads.
Are you a bot by any chance?
haha
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