With LTC hovering just above $230 on Coinbase while Ethereum's blowing the doors off the competition in terms of growth, one wonders if it's an opportune time to buy (low) or if it's going to be left behind in 2018. Well, in my eyes, Litecoin is going to grow massively in 2018. Here are some recent arguments for investing in LTC, new highs hit this week:
Yesterday LTC hit a new high- roughly 50% of the transaction volume of BTC
https://bitinfocharts.com/comparison/transactions-btc-ltc.html#6m
LTC hashrate is increasing significantly
https://bitinfocharts.com/comparison/litecoin-hashrate.html#6m
It has a brilliant core dev team that are working for the good of the currency, not for their own ends
https://twitter.com/MLPFrank/status/948557257851244544
- MLPFrank
Litecoin will likely bounce back and hit new highs of around $500-$800 this year and it seems the perfect time to buy is now