LTC continues to rise even after Coinbase adds support for Litecoin.
4
In May
2017
Litecoin (LTC) has been rising in price over the past few weeks for a number of reasons, including upcoming SegWit support, the addition of cryptocurrency trading pairs from Lightning Network, and Coinbase. There were also reports of over $1 million worth of LTC being traded on GDAX in the last 24 hours. This is what finally makes LTC interesting again after the past few years where nothing happened and Litecoin didn’t move much. This push also benefits manufacturers of Scrypt ASICs, such as the Innosilicon Dominator A4 and the latest Bitmain AntMiner L3+. So, if you have already ruled out LTC, you may want to reconsider and once again watch the future developments surrounding LTC.
– Now, learn more about how you can easily buy, sell, transfer, and store Litecoin with Coinbase.
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