other major cryptocurrencies in the top ten over the past 24 hours. Advertisement, litecoin Daily Chart Source: m, litecoin underwent a huge surge over the past few days after overtaking. Amazon adopting a some form of cryptocurrency seems highly probable. The Crypto price depression of early 2018 is due to regulation and a rise in fraud activities, but cannot last forever. Litecoin also has implemented an upgrade to its blockchain known as Segregated Witness, or SegWit for short. Charlie Lee created Litecoin in 2011 and introduced a few important changes that could further improve upon Bitcoin. As companies like coinbase rapidly expand and Bitcoins price does not seem to be rebounding easily above 10,000, theres a tension in the air. Disclaimer: Investing or trading in digital assets, such as those featured here, is extremely speculative and carries substantial risk. This shows that the short-term momentum is on the side of sellers and price which may push the price to lower levels from here.
Litecoin looks likely to be near the end of its surge as numerous indicators line. Other factors also would indicate that Litecoin is likely to move downwards from here. There is a stated limit for Litecoin, as there is for any other crytpocurrency. The limit supply for Bitcoin is set to be around 21 million BTC for example.
Litecoin is likely to move downwards from here. And a high transaction fee does not make any sense for the purchase of something thats just worth a few dollars. LTC is better suited for smaller transactions where speed and processing fees matter more. As the block time is faster, the network is able to handle more transactions. What if Amazon and Litecoin (LTC) paired up? Litecoin among all the cryptocurrencies might have the most potential to become a simplistic form of digital exchange.