Today cryptocurrency has gained lot popularity among investors and it is early for litecoin. Moreover, the litecoin holders are in less number but if litecoin is going to successful then it will bring huge potential in the market.
These days the litecoin price is reaching heights as lot of crypto experts are predicting different numbers, on the other hand what i like is Coinpedia's litecoin price prediction as they have predicted brilliantly well.
Basically, litecoin is a copy of bitcoin with few differences but these difference give litecoin an advantage over bitcoin.
Let me highlight the points:
Litecoin transactions are 4* faster than Bitcoin, Bitcoin takes 10 minutes to generate new block of coins on the other hand litecoin takes only 2.5 minutes to generate new block of coins.
Litecoin has been part of many blockchain projects like Open bazaar, lightning network, Atomic swap and many other.
More coins to reward miners.
Increased storage efficiency due to scrypt usage in litecoin proof work of algorithm.
Faster transaction confirmation time.
Hope you've found the reason behind why I like litecoin.
What's your thought on litecoin price predictions? Will it reach as per experts predictions?
Also, Coinpedia predicted other cryptocurrency predictions which are absolutely perfect https://coinpedia.org/information/. Just take a quick look on it.