Litecoin going strong
For some time now, I have been watching Litecoin closely. Where other cryptocurrencies like ethereum have lost a lot of value and generally have been a worse investment, so far in regards to bitcoin. Litecoin has been outperforming Bitcoin for several month’s now.
See the chart from coinmarketcap and look at the 3 month chart where Litecoin is displayed as value in Bitcoin. It is a really nice and steady growth for several month’s already.
https://coinmarketcap.com/currencies/litecoin/
For Bitcoin we are all waiting for the confirmation that the bottom is formed and way is up now. Litcoin very clearly has found that bottom a few month’s ago and is now steadily rising.
The really good news for me is that Litecoin is separating itself from Bitcoin. Most other cryptocurrencies still follow the price of Bitcoin. When Bitcoin goes up, they go up. When Bitcoin goes down, they go down. But not Litecoin and that is really impressive.
I would like to hear if I have missed other cryptocurrencies that are doing the same. So far I think Litecoin is the best example, but I could be wrong. So do let me know!
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