Reasons for the recent increase in Litecoin [EN]

Due to the scaling problems for Bitcoin and Ethereum, it seems that Litecoin is the main coin taking advantage of these days. Here is some information that has pushed the price to rise in the recent hours:

• Since Bitpay did not want to add LTC, they created Lietepay which will soon launch https://www.Litepayus/
• Today, CheapAir has decided to add LTC as a payment option
• Fork, Litecoin Cash
• Favourable technical analysis for a pump

https://twitter.com/PeterLBrandt/status/965786473453690880

Created in 2011 as a light alternative to Bitcoin, the two main differences between them are:

• Smaller time intervals between new blocks to its Blockchain, which reduces transaction times.
• The extraction of Litecoin is governed by the Scrypt algorithm, unlike SHA 256 for Bitcoin.

In particular, it has made it possible to test new features such as Segwit, Lightning Network Daemon,...

Attention this recent increase is not necessarily a reason to invest. We remind you that this is not investment advice, and that any investment involves risks.

You can find our articles on our website:https://www.cryptotrading-fr.cash/

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ETH & (Erc20): 0x848a1623b9BDb27371dBbaD1d58d30e6D74F7335
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