Litecoin: More Potential Than Bitcoin, More Growth Than Ripple And More Technology Than Etherium
Bitcoin opened the cryptocurrency world and in came multiple coins. From evidence, cryptocurrencies can turn a few dollars into millions of dollars over time. This is a good reason to invest in coins with a low price and a consistent upward move in value.
According to Wikipedia “Litecoin (LTC or Ł) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. The coin was inspired by, and in technical details is nearly identical to, Bitcoin (BTC).”
Though the technology used is inspired by Bitcoin, the developers ensured that it was better which is why it has more potential. Today more people are aware of cryptocurrencies and are likely watching the coins with great potential. Comparing the growth rate of Litecoin to Ripple coin, which is a rapidly growing coin, Litecoin is doing much better.
Technology is an important aspect in cryptocurrencies especially because of the transaction speed and security. A close look at Litecoin reveals improved technology, better than Ethereum, and transaction speed. Investors can enjoy the improved speed when buying and selling the coin and this means investors looking for quick trades can take advantage of the fast transactions.
Growth is also crucial because it gives investors an opportunity when looking for a long-term, deal. When a cryptocurrency is growing steadily, investing a small amount now will yield great amounts of profits in future. Experts in the financial market are encouraging investors to have a look at fast growing coins since they can make a great deal of money in the near future.
It is highly possible that Litecoin will hit $1000 in 2018. To investors, this means that making a couple of hundreds of dollars for every coin in a few months is within reach. There is no better investment than this and this is the time to buy the high potential, fast growing Litecoin. For more information visit Litecoin.com