Litecoin has seen impressive growth in the last few days. I have written many times about how LTC is one of the best crypto bargains out there. LTC is grossly undervalued. It has a four to one relationship with Bitcoin (BTC). Charlie Lee designed Litecoin to be similar to Bitcoin but he had 4 X the number of coins available to mine (84 million). This gives LTC a 4 to 1 ratio to that of BTC. He also, due to the governance of LTC, made it easier to implement improvements to the coin and it's protocol. It has proven to be the leader of innovation among the crypto currencies.
Litecoin was the first to implement SegWit (segregated witness)which allows for more data to be in each mining block since the signatures are no longer included in the same blocks. LTC has also implemented the Lightning Network which makes transacting in crypto's as fast as using credit or debit cards.
These innovations is what is necessary for crypto's to be used globally for daily commerce. LTC is now a serious contender to be one of the most widely adopted crypto currencies used in the world. With all of these features and the resent implementation of the "Lightning Network", we are seeing LTC rise 8% to 12% in the last few days. All math calculations show that LTC will soon be in 3 digit territory ($100.00 or more)by the end of the this year, no later than the first part of next year.
LTC has had steady growth with only nominal pull backs versus other crypto coins that have seen great volatility including Bitcoin. If governments and commerce are going to start using crypto currencies they must find a crypto that is steady and stable, yet show positive growth and not be stagnate.
Litecoin fits the bill. It has always been a good time to buy LTC. Do not think you missed the boat on LTC. It has a bright future and it is only beginning. Do not wait until LTC hits 3 digits in price. Get it now while it is still a screaming bargain.
