2018 for litecoin : New Years crypto

in #bitcoin7 years ago

IMG_2272.PNG2017 as we saw was a great year for bitcoin and litecoin. However 2018 is projected to be am even better tear. Next year could be the one in which it's price will skyrocket. Maybe this time, some of us can make profits from it. Litecoin has grown this year more than Bitcoin. Litecoin prices have increased an incredible 2990 percent while Bitcoin just 1916 percent. In January, one Litecoin was worth $4.3 US Dollars, today it has reached a new all time high of approximately $380. Litecoin current market capitalization is about $6.8 billion dollars. Far lower than bitcoins which is $276 billion dollar market cap.
Did you know? litecoin has existed since 2011 and was a test for bitcoin developments and litecoin was based off of the same code as bitcoin.

This year we also got to witness what happened when bitcoin got congested and needed space to ascend. More divisons were created on this powerful coins behalf. Bitcoin Cash and Bitcoin SegWit2x were two forks that tried to solve the scalability problem by increasing the block size. While Bitcoin SegWit2x couldn't succeed, Bitcoin Cash supporters didn't realize that they were creating something very similar to Litecoin.

On that note we are all projecting a sky high for bitcoin and litecoin. Happy New Years to cryptocurrency and happy New Years to the buying world.

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