Litecoin is one of the profitable cryptocurrency in the world today. Do you know Litecoin is also an example of cryptocurrency. When the world cryptocurrency is mentioned, what comes to the mind of an average person is Bitcoin. Cryptocurrency is more than Bitcoin. Other cryptocurrencies are referred to as Altcoin (Alternative coin).

The most popular of this coin is ethereum. This article will be focused on Litecoin as an altcoin. Litecoin is a peer-to-peer cryptocurrency that is used to carry out a financial transaction online. It is presently ranked as the 7th most lucrative cryptocurrency to trade in.

Like most cryptocurrency Litecoin have been on a fantastic lightening run throughout 2017, the price has gone up a lot over the year. It still maintains its upward trend. Getting to a mark of $400 might not be impossible stuff, however, this year. The price might not gain or attract attention like Bitcoin or Ethereum, it is, however, good to see the coin gradually creeping up the ladder. The price has surged up since it experienced a low in mid-September, which was experienced in the crypto world. Although some analyst associate this with the Chinese government crackdown on ICOs

A lot of fantastic development is coming in the crypto world shortly, ignoring Litecoin is not something that should be done by any crypto investor. Litecoin is presently a significant cog in the machine of atomic swaps right now. You can easily swap Litecoin with every cryptocurrency including Bitcoin. Unlike Bitcoin whom the inventor is anonymous. The inventor of Litecoin is known, the developer is Charlie Lee and all thanks to him the whole world might soon embrace atomic swaps over centralized exchanges.

The cryptocurrency market is presently experiencing a hike after the bubble it suffered early this year. Litecoin is currently at $253.35, which shows that it dropped by 21.927% between November and January, it experienced a slight increase this week. The market is unpredictable as the price might soar up or dip low. Litecoin is one of the coins to buy and trade.

Properties of Litecoin