Fifth-placed cryptocurrency Litecoin saw its value rise by nearly 35 percent in a 24-hour period today ahead of the LitePay launch.
In an announcement on Twitter, the San Francisco-based payment processing company said that it would be launching on the 26th February. As a result, prices earlier today saw Litecoin jump to $218, according to CoinMarketCap. This gave it a LTC/BTC trading price of $0.0235 BTC, higher than what it achieved in July 2015, at 0.0280 BTC.
Read the full story on ethereumworldnews.com.
Personally, my portfolio is roughly 50% Litecoin. I have great expectations for it. Clif High has stated it will be worth 1/5 the price of Bitcoin. If Bitcoin goes to $20,000.00USD, that would place Litecoin in the $4,000.00USD range.
Buy now while it's on sale! ;)
This is not financial advice as I am not a financial advisor. You are accountable for your own actions.