Investors take notice of Litecoin as transaction rates surge…
We all knew it but Litecoin is officially here to stay! 2014 is the year of the digital coins and here is the proof.
500% higher than 6 months ago and still going strong with transactions rising by the day…
Investors are taking notice of Litecoin in 2014. Litecoin; the Silver of cryptocurrency is here to stay and the currency is ranked 2nd on coinmarketcap proving the coins as strong as ever in terms of available supply. The price of cryptocurrency has been quite erratic recently and we have seen some fairly dramatic drops. But lets put this in perspective. The price of Litecoin now is still almost 500% higher than it was 6 months ago. Bitcoin however is just a shade over 100% higher than its price 6 months ago. Transaction rates for Litecoin have also increased by over 100% since late 2013. This shows the strength, resilience and support for Litecoin.
My advice for Litecoin supporters is that they should be patient and hold on to their coins as there will be a price surge for Litecoin in 2014. Just as we saw for Bitcoin in its younger days. Although it will be sad to say goodbye to Litecoin GPU Mining there are some exciting times ahead for the Silver Cryptocurrency.
Our advice remains to watch the market closely and this coin is definately one to watch!
Via litecoinsblog.com