Litecoin New High
There’s been a lot of news around the growth of Bitcoin (BTC) this year, having grown as much as 1900 percent. But as the world’s most popular cryptocurrency continues its December fluctuations between $15K and $19K, Litecoin (LTC) jumped a full 38 percent in a matter of hours—rocketing from $96.59 at 11:08pm PST Dec. 7 to 133.77 at 8:36am PST according to GDAX.
The price has now settled to $124.65 on CoinMarketCap at the time of this writing—an increase of 29 percent from yesterday, putting the year-to-date growth of Litceoin at 2879 percent.
Altcoin markets continue to respond to the explosive growth of Bitcoin. The volume of bitcoin trading is causing periodic market pushbacks because of fees and transaction speeds, sending some users to altcoins like Litecoin—which is already often compared against Bitcoin and draws its name from its fast block processing.
With cryptocurrencies continuing to gain traction globally, many are wondering how popular markets like Litecoin, Ethereum, and Bitcoin Cash will fare as Bitcoin continues to dominate the public conversation.
Some believe Litecoin stands to overtake Ethereum as the “silver” of the crypto world (to Bitcoin’s “gold”).
Could Litecoin be the next cryptocurrency to sustain major jumps before year’s end?
i thing many other cryptocurrency like doge coin lite coin etc will be better than bitcoin to earn because one thing they are easy to earn and they will also go to peak of price due to bitcoin will fall down one day
Litecoin will be a good investment if the Bitcoin price negatively drops this Sunday from the coming Wall Street investors