Due to the excellent quotation of the Litecoin crypto currency, its rate was set at $ 313 and is constantly growing, which is the upper limit of the upward trend at the moment. According to some experts, the growth of LTC / USD could be above 405. Since early December, electronic money added to the price due to market capitalization.
In connection with the increased interest in the currency there is a surge in transactions, which led to minor technical problems (buggy, low speed of processing of transfers).
Digital “coins” deserve close attention even of skeptics, because the game in the big league is already taking into account the rapidly changing economic situation.
What to look for today?
Despite the fact that the optimism on the use of the crypto currency is off scale, it is desirable to understand and analyze the entry areas. Since the investment allocations of capitals on positions are now gaining momentum, one should still be cautious with futures. After all, the “warmed up” market of electronic money is predetermined by external factors and is sensitive to the slightest changes.
It is also necessary to pay attention to the price consolidation of Lightcoin and the rollback. The NIKKEI research indicates that Bitcoin accounts for 50% of the world trade in Japan. Due to the fact that low interest rates “reign” in the country, many investors have become active participants in the Forex market.
Retail players should be wary of all investments in one kind of “coin” in order to avoid the effect of a “burning match”. Specialists of Deutsche Bank note that the size of speculations of crypto currency is so large that it is rather difficult to predict the development of the situation in the long term. After all, no one can rule out that the “bubble” of electronic transactions can burst at any time. Therefore, the potential and current impact of Litecoin and military technical cooperation on the exchange market has already been studied quite carefully by banks.
Experts noted the rapid growth of Litecoin’s crypto currency on e-finance
Recently, the digital currency is in high demand, especially in e-sports.
Litecoin is the fifth most popular crypto currency after Bitcoin, Efirium, Bitcoin Cash and Ripple. For 2017, you can observe its rapid growth, and the latest news on last week generally surprised, since its rate rose from 100 y. up to 400 y. e. If we compare the growth rates of Litecoin with the Bitcoins in the last year, we can note the significant superiority of the Lightcoins. This trend is explained by the convenience and reliability of the payment system during the integration of the digital currency into the business.
Litecoin have accepted with pleasure in eSports. Fast processing of operations at low tariff rates is noted. Market players appreciated this advantage. Many game projects are based on the Litecoin crypto currency.