2017 has been a strong year for the price of Litecoin. It's meteoric rise in price has mainly been fueled by Charlie Lee, the coins creator. LTC has been a test net for a lot of Bitcoin's developments in the past, but recently, LTC has been leading BTC in development, sound governance, and price. With the addition of Segwit and Lightning Network, LTC is already leaps and bounds better than BTC interns of development. With Charlie Lee quitting his position at Coinbase, to focus solely on LTC, Litecoin has benefited in development and governance. I feel like Charlie may have something up his sleeve with MIT-- they have a mysterious development with a countdown on their site slated to countdown to Aug 1st. This date is coincidentally the same date that the BTC UASF will begin, which is causing a bit of FUD in the crypto market. With that being said , we have seen a lot of investors and newcomers to see he space , hedging their investments with LTC, because of all the great fundamentals around the coin recently. With all the drama surrounding bitcoin and ethereum lately, it makes sense to make this play, from an investing perspective. This hedging into LTC has been coined The Flappening.
Very good article. I was about to post a similair post. I do believe most coins are currently overrated. But the future lies in blockchain. I found this amazing platform: 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. For example: https://www.coincheckup.com/coins/Litecoin#analysis For a complete Litecoin Investment research report.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit