LITECOIN "silver" in criptocurrencies
Litecoin, AKA as "silver" in criptocurrency eviroment, surge as asset of interest for investors with exponential growth expectations to create new cripto-riches.
Litecoin was created back in 2011 by Charles Lee, a software engineer based in California, who ws innvolved in Bitcoin community in its early stage, then launches Litecoin as a transactiona coin similar to bitcoin, with 3 specific features different from Bitcoin, its blocks are confirmed within 2.5 minuts, its emision will be 84,000,000 of coins and it uses Script as mining algorithm.
Currently it has a market cap above the USD$300'000,000 and ir appeal to be the transactional currency besides Bitcoin, speccially in Chine where it had obtain most of its capitalization.
litecoin price was almost 3 yeasr below USD$5, but it always has been among the top 5 in www.coinmarketcap.com, during this year has reached its record pices several times going from USD$4 to USD$63 as high historical price early this week, that means more than 1500% in less than a year, but that's not all, the capital market continues to grow and the next expected price is the USD$100, once it reaches the 100 club, we won't never see Litecoin below that, so itś time to catch the criptocurrency train, jum in Litecoin wagon if Bitcoin already left you!!