If every user wanted to buy just one litecoin currently at around 50 there is only enough for every user to own 0 24 ltc. Unlike with the ethereum software platform there is no second layer for application development on litecoin.
It s likewise four times quicker the market cap of lth is 16 5 billion and the year to date rise is.
Bitcoin ethereum or litecoin. So its sole purpose is to be used as a. Litecoin is a faster and cheaper version of bitcoin and ethereum and attracts the attention of developers who see more applications for the platform. Litecoin is a digital currency in its truest sense.
It has much more in common with bitcoin than ethereum does. The bitcoin price breaking 28 000 per bitcoin for the first time ever over the christmas weekend has added over 50 this month with other major tokens ethereum and litecoin surging along with. Litecoin was also just added to paypal alongside bitcoin ethereum and bitcoin cash exposing the altcoin to 346 million mainstream users of the payment service.
Litecoin is fundamentally the same as bitcoin aside from it has 4 fold the number of coins. Litecoin is very different from ethereum. Ethereum is on a roll.
The bitcoin price has dropped around 15 in the last 24 hours dragging down the wider cryptocurrency market and wiping billions of dollars from major tokens ethereum ripple s xrp and litecoin. Before speculating on either litecoin or ethereum you should consider how comfortable you are owning highly volatile digital assets. Along with bitcoin litecoin and ethereum have grown like mushrooms in recent years towards multi billion dollar market capitalizations but don t let that fool you into thinking either cryptocurrency is a sure bet.