If you’re thinking of investing in Litecoin this year, then it is the perfect time for you. According to experts, 2019 can be the best year for Litecoin. Cryptocurrencies are going through a bullish trend, and the momentum is growing day by day. Some analysts predict that Litecoin can trade in the range of $30 and $7,500 this year.
Fast processing speeds
This open-source blockchain is faster than any other cryptocurrency and its average processing time takes around 2 minutes. There is no transaction fee attached to Litecoin. In few months Litecoin can easily reach $3,500 mark. The developer community loves Litecoin as it works under a lightning fast network.
Developer faith improves performance
Founders of Litecoin have a good stature, and people put their faith in them. The volatility level is lesser when compared to other Cryptocurrencies. With an every growing developer base, Litecoin is here to stay, and it will grow rapidly. One of the most positive aspects of Litecoin is that it stays stable even if there is a big market crash. Though you might experience a fall, it will be much less than other currencies.
Building relationships with Banks help in the long term too
Litecoin has started establishing relationships with few banks that has helped in improving its reputation. People have started…
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