Litecoin (LTC)–Litecoin is one of the oldest and most stable coins on the crypto market. First released as an open-source fork of Bitcoin by Charlie Lee in October 2011, Litecoin has since been seen as the “silver” to Bitcoin’s gold. However, the currency offers significant benefits over Bitcoin, having studied the shortcomings of its predecessor to craft a more transaction-friendly currency that still offers utility as a decentralized store of value. While Litecoin has yet to trade above 100 USD for an extended period of time, the excitement around the coin in terms of usability and dominant market cap gives Litecoin real potential to reach four-figure value in the near future. Bitcoin is an excellent long-term store of value. Like gold and other appreciable assets, Bitcoin is an investment that, at least currently, offers a high rate of return. In place of banks, Bitcoin offers users a decentralized, digital vault that can also be used for money transfer. But the technology is not there yet for frequent, fast and cheap transactions. Read more here…

thumbnail courtesy of oracletimes.com