Litecoin and Ethereum with new record price

ethereum and litecoin news

Predictions about the Ethereum price becoming a reality

Ethereum has always been spoken about in a more positive way and has become the second largest digital currency in 2-3 years. After being launched in 2015, the value of Ethereum’s currency, otherwise known as Ether, has increased by more than 6,7500% since the start of the year. While Ethereum is still considered by many to be the silver of the crypto world and Ether remains the second-largest cryptocurrency on the planet—it hasn’t experienced the same kind of meteoric growth that we’ve witnessed in Bitcoin. Ethereum has been in the news due to a popular game called Crypto Kitties, which lets users collect and trade digital kittens stored on Ethereum’s blockchain.

Buyers Are Beginning to Understand Litecoin

Over the past week, LTC has experienced unprecedented growth—logging a 330 percent increase in just five days, including a 9-hour 37 percent increase starting Thursday night, another 29 percent jump on Sunday, and a 74 percent bull run Monday night. Now, the price is $321.20. What’s happening? The increased Bitcoin activity is driving up transaction fees and clogging the network, potentially sending users in the direction of Litecoin. The positive relationship between BTC and LTC might be playing in the latter’s advantage—drawing fresh eyeballs to the most popular crypto exchange on the planet. So, as more people buy into crypto through Bitcoin through sites like BitFinex, it becomes much clearer to see how Litecoin’s speed and low fees are a benefit to them.

Litecoin or Ethereum? Which currency to choose?

It’s not immediately clear what is fueling the demand for Litecoin and Ethereum, which are two of the most well-established rivals to bitcoin. The surge among other cryptocurrencies appears to be driven by the rising price of Bitcoin. Some specialists say that, the interest in and value of both the ethereum and litecoin cryptocurrencies have surged so much that exchanges are having trouble selling them.
In the past two days, ETH has broken through the $500 and $600 price barriers for the first time, and is up around 30% in the last 24 hours alone. Litecoin, meanwhile, is up an astounding 91% from the previous day and is sitting around $365 as of Tuesday afternoon—nearly four times what it was worth a week ago.

Quora and Reddit users say that Ethereum is the better currency:
“Ethereum is the best choice for investing. If you take a look at Ethereum, it has the best technology and support. With ICOs, Smart Contracts, fast transaction times and their great team, this is a versatile coin that can be used in unlimited situations.”
“Ethereum is the best choice for investing. If you take a look at Ethereum, it has the best technology and support. With ICOs, Smart Contracts, fast transaction times and their great team, this is a versatile coin that can be used in unlimited situations.”
“The currency is more flexible for developers and has attracted major tech players. Institutions like Microsoft and JPMorgan have pledged their support to the development of Ethereum”

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