Bitcoin Faces Competition As Rival Litecoin Surges 200% In One WeeksteemCreated with Sketch.

in cryptonews •  7 years ago 

The market capitalization of litecoin rose from $1 billion in November 2013 to $4.6 billion in November 2017 when a coin's price hit $85. In less than a month, its price has now surged to $300, giving a mammoth return of over 250%. What makes a litecoin appealing is that the price of a litecoin is still affordable for many such investors, at least as of now. Another thing that distinguishes litecoin from a bitcoin is that the litcoin takes relatively less processing speed (2.5 minutes) unlike bitcoin that takes around 10 minutes for one block.
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