Hey Steemians, a happy news to you If you have invested in Litecoin. We all know the Crypto markets are pretty dull now after the recent fallback, all main coins like BTC, ETH, LTC etc were struggling to cross the resistance. But if you have noticed Litecoin is doing pretty good these days following lot of positive news about it and the Litepay which is set to be launched on 26th February which is tomorrow. Even when BTC is finding it difficult to rise above the resistance, LTC is swimming well against the current in terms of USD value and BTC aka Satoshi Value.
Now see what the Litecoin founder Charlie Lee tweeted recently. he says Ethereum may not overtake bitcoin ever but, Litecoin will overtake Bitcoin Cash by the end of 2018. Well that puts a smile on my face :D as I can see the BTC value of LTC keeps going up in main exchanges like Bittrex and Binance. Charlie and the Litecoin team has been working hard with lot of amazing projects to increase the adoption of Litecoin to make it go mainstream. The upcoming Litepay is an example, which I believe will change the game drastically. Read about Litepay In my previous post What led to the sudden Litecoin surge? What is Litepay?
And there is an interesting giveaway from the Litecoin team(Not the scammers who post "send coins to X Y and Z wallet addresses under Twitter accounts, well don't fall for that.). If you can educate your grandparents about Litecoin and shoot a video wherein your granddad or Granny explains Litecoin, you may stand a chance to win the Litecoin giveaway. Yeah it's a bit hard but worth it considering you can win more than a full litecoin. Unfortunately, I don't stand a chance since my grandparents won't speak English :D.
Check out the contest details at https://litecoin-foundation.org/2018/02/the-litecoin-foundation-launches-the-grandparentsexplaincrypto-contest/
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Informative post. Hopefully litecoin increases
Yup, to the moon :)
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The (future) release of Litepay shows why major financial industries may prefer Litecoin to Bitcoin. The Litepay debit card will be powered by Visa, who have seemingly turned their backs on Bitcoin. The ability to use the card at ATMs, coupled with instant LTC-USD conversion will open up huge amounts of potential for Litecoin, which will only have a positive impact on the price.
And while it is a leap of faith to suggest that LTC will escalate with the kind of speed that would see it threaten BTC and ETH for market superiority: Litecoin: Litepay Launches Today
Hope it will increase its price...and congratulations to all litecoin holder.