2023-05-31
Bitcoin is digital gold, while Litecoin
represents itself as a digital silver. Litecoin shares many similarities with
Bitcoin, it is decentralized and it uses proof-of-work mechanism. Litecoin is 4
times faster than Bitcoin, it can process a transaction in 2.5 minutes. Litecoin has a limited supply of 84,000,000
LTC. It has
a circulating supply of 73,038,451.81 LTC. Litecoin ranks 12th largest
crypto by market cap.
Litecoin price has increased from $34.0
per LTC to $91.79 per LTC. That is a 170% gain in just a period of 5 months.
What can we learn about Litecoin rally?
Crypto investors should collect good
coins and good tokens when the prices are low. In this way investors can
maximize profit.