Litecoin is ranked at #5 below Bitcoin Cash and ahead of Binance Coin on coinmarketcap. The price of LTC sunk by 3.70% in the course of the past 24-hours. The trading volume recorded is $3.237 billion, while the supply has 63,005,431 LTC circulating for now. The total market cap of Litecoin is $5.387 billion. LTC is priced at $85.50 currently.
SegWit has greatly aided in the evolution of the network. Even Bitcoin followed suit, after Charlie and other executives spoke about the benefits [Segwit is a process by which block size limit on a chain grows after removal of signature data; remember Bitcoin had a huge concern with regards to block size?] .
One of many transactions: https://t.co/zgk9gPRNcU
Here’s what you need to know and how to protect yourself:https://t.co/KNVoQLwBUb
— Binance (@binance) August 10, 2019
Binance has recently been susceptible to an attack which led to data leaks [belonging to many customers]. In spite of this, BNB was in the green zone post-leak [while most of the other coins suffered] which shows the strength of this altcoin.
— Litecoin Foundation (@LTCFoundation) August 9, 2019
It seems that Charlie Lee and David Schwartz have an inclination towards sports after all. The team of developers will soon be bringing in one or two more members, sponsored by a Canadian organization. ‘
If the founder decides to investigate opportunities in India, maybe then our “finance” ministers will grow up and realize why cryptocurrencies matter. Lee is known for his calm and collected attitude when facing against all kinds of opposition, so I’m willing to bet he’ll be able to change rigid mentality of lawmakers in Bharat.
The Litecoin Summit is slated to take place in Las Vegas, Nevada by the end of October.