Cryptoknowmics 2022-03-23 03:19:46

Litecoin Price Prediction 2022-2026-Will LTC Price Hit $200 by the end of 2022?

Litecoin (LTC) is a cryptocurrency that was founded by Charlie Lee in October 2011. It is used as means of payment by over 2000 merchants around the world due to its cheap transaction fees. The cost-effectiveness of litecoin makes it to be an alternative means of payment in developing countries where cost is taken into consideration. Litecoin also has a high transaction confirmation duration of just minutes due to its speed of execution. What is Litecoin (LTC)? Litecoin (LTC) is a cryptocurrency that is open-sourced and was designed to provide fast, secure, and low-cost payments by leveraging the unique properties of blockchain technology. Litecoin protocol is different from Bitcoin (BTC) protocol in terms of the hashing algorithm used, hard cap, block transaction times, and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees. Members of the board of directors in Litecoin Foundation are Charlie Lee, Xinxi Wang, Alan Austin, and Zing Yang. Price Analysis of Litecoin (LTC) Flashback: Fundamental Analysis of Litecoin Litecoin Card was launched a few months ago to enable the Litecoin community to convert their coin to fiat with ease. This launch has enabled other investors who might need to convert different cryptocurrencies to fiat to resort to LTC due to the low fees of transactions within the Litecoin blockchain. Also, there has been a growing adoption for privacy coins and toke...

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