Anthony Mackie, aka Sam Wilson (‘Falcon‘) from the Avengers fame, is a Litecoin [LTC] Hodler. In a recent video, where he talked about ‘his daily routine’ to the Vanity Fair Magazine, he mentioned that,
“I check my Litecoin [LTC] app, to see where my Litecoin at”
Furthermore, on a surprising note, he also went to say that he does not trust Bitcoin [BTC]. He expressed his support for Litecoin using a famous war cry from the Avengers “Wakanda Forever, he said,
“I don’t trust Bitcoin. Litecoin Forever”
Litecoin Price Analysis 2019
The price of Litecoin [LTC] at hours UTC on 4th June 2019 is $105. The All-Time High Price of Litecoin is $375. While Litecoin has witnessed massive volatility in the last two years, it has been on a growth path by recovering after the bubble burst. Moreover, the price of Litecoin [LTC] in June 2017 was around $40.
Litecoin is one of the best performing cryptocurrencies since the beginning of 2019. It is trading 250% higher from Year-To-Date. The protocol for Litecoin [LTC] is faster and cheaper than Bitcoin. Moreover, people who are familiar with Bitcoin have more often than not heard of Litecoin as well. The processing speed of Litecoin is 2.5 minutes and the average fees of sending transactions is about 10 cents.
The apparent end of the bear market, positive development towards acceptance as cash since fungibility drive and the halving event scheduled for this year have all attributed to the gain in prices. Moreover, with the halving event due in August 2019, the Hodlers can expect further positive growth in price.
Despite all criticism, cryptocurrencies today are the most exciting investment opportunities of our time. The belief in the system around it has grown widely. Moreover, with a plethora of investment opportunities, even ‘naysayers’ and skeptics can put their money by ‘shorting’ these currencies.
Which cryptocurrency do you Hodl, or you wish to short them all? Please share your views with us.
Disclaimer The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of CoinGape. Do your market research before investing in cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.
Nivesh from Engineering Background is a full-time Crypto Analyst at Coingape. He is an atheist who believes in love and cultural diversity. He believes that Cryptocurrency is a necessity to deter corruption. He holds small amounts of cryptocurrencies. Faith and fear are two sides of the same coin. Follow him on Twitter at @nivishoes or mail him at nivesh(at)coingape.com