Today, Bitcoin and Ethereum are the two most popular and heavily traded cryptocurrencies in the market. These two share the top spot in terms of market capitalization, volume trade quantity and profit gains. However, researchers say that Litecoin is slowly gaining its momentum in the digital currency market and may somehow be at par with Bitcoin and Ethereum in the near future.
For investors who are interested to acquire Litecoins in the coming days or months, we should first understand the main difference of Litecoin to Bitcoin. This blog uses Bitcoin as the comparison since Bitcoin is the most popular and a lot of people are already aware of the attributes and characteristics of Bitcoin.
The image below shows the difference of the two digital currencies in terms of various aspects:
Graph below shows the prices of Bitcoin and Litecoin as compared with one another:
As you can see, Bitcoin's price has increased drastically as compared to Litecoin. However, analysts suggest that Litecoin will be the next Bitcoin in the future and is now slowly gaining momentum in terms of market price and tradability. Better yet, investors should buy now and hold these coins in order to gain future profits.
Sources:
https://www.coindesk.com/information/comparing-litecoin-bitcoin/
https://www.buybitcoinworldwide.com/litecoin/
I would want it to rise as I hold Ltc but it is flat with a celing of 50. It is going to need very strong PR.
Let's just hope @kaizentive that the price surge in the coming days and months. Fingers crossed!
Thanks for the good info just got on the Litecoin bus
Nice post. I was about to post a similair thread. Be prepared for a fluctuating crypto market. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). I found this great website: https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. Check for example: https://www.coincheckup.com/coins/Litecoin#analysis For the Litecoin Investment and research analysis.