And the Next Bitcoin Is

And the Next Bitcoin Is

I hope you were paying attention.

If you were, you very likely recall an email you received a few weeks ago.

Te that email, I introduced research that displayed a potential boom for Bitcoin.

At the time, Bitcoin’s price wasgoed hovering te the low $Two,000s. But things were happening ter the Bitcoin community that placed the digital currency to skyrocket.

And it did. Investors had to buckle their seatbelts spil Bitcoin slok up by overheen $1,000 te a few weeks.

Those are champagne-popping gains.

Investors who took advantage of our digital currency report certainly could afford a few bottles.

Now, more big news is coming down the pike.

A panel of digital currency experts just disclosed information that could set the digital currency world aflame.

They think there could be a digital currency more lucrative than Bitcoin.

And that token is still stashing ter the shadows.

Could There Be a Coin More Valuable Than Bitcoin?

Peter Smith, CEO of a major blockchain company, exposed to Fortune that the most valuable digital currency may not even be on the market yet.

Ter an vraaggesprek conducted on July 25th, Smith commented:

It&rsquo,s likely that another one or two superior ones wij toevluchthaven&rsquo,t seen yet ter the market. Another indeed superior coin could come out this year or next year.

This means, even however the world presently has Bitcoin fever, a potentially more lucrative currency is out there.

If you have bot following the digital currency world since the embark of this year, this news shouldn’t be surprising. With digital currency, wij have witnessed the birth of a entire fresh investing frontier. There are a handful of digital currencies that investors speculate could be more valuable than Bitcoin.

And many of those have made a killing. Since the embark of this year alone, investors have raked ter profits on altcoins. Just look at the gains below:

Today, I want to talk about another contender.

You see, out of the 700+ digital currencies on the market, only one is almost the same precies coin spil Bitcoin.

Ter fact, it’s so similar to Bitcoin that many analysts call it the “silver to Bitcoin’s gold.”

Since the embark of 2018, this token is up by overheen 920%.

Litecoin: Bitcoin’s Twin

The digital currency I want to talk about is called Litecoin. Litecoin wasgoed introduced to the market ter 2013.

It became the third digital currency to be available on digital currency exchange Coinbase.

Litecoin, like Bitcoin and most other digital currencies, operates using a technology called blockchain.

This permits Litecoin to opoffering investors &mdash, and our global economy &mdash, the same benefits that made Bitcoin an economic powerhouse. Litecoin is autonomous, decentralized, secure, and finite. This permits it to act spil a hedge against hyperinflation and political turbulence. Just like Bitcoin, more people may turn to Litecoin to protect their investments ter times of uncertainty.

This makes Litecoin appealing to investors hesitant of the market. If Bitcoin can operate spil a fresh global currency, Litecoin can do the same.

Which might be one of the reasons it’s doubled ter price this year.

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Since January 2018, Litecoin is up by overheen 150%, moving from $20 to a high of $55.

If you had waterput $500 into Litecoin at the begin of the year, you would be sitting on overheen $1,000.

And this growth has captured the attention of investors searching for the next Bitcoin.

The truth is Litecoin has better technology than Bitcoin.

And no, I don’t blame you if you just laughed at that.

After all, how can something worth $50 be better than something worth $Three,400?

The truth is that te the digital currency world, price is not always a reflection of the underlying technology. A number of analysts would argue that there are dozens of coins with better technology than Bitcoin. But Bitcoin is still king.

Part of this is because of Bitcoin’s monstrous first-mover advantage.

This shouldn’t dissuade investors from other digital currencies. Spil Smith mentioned, there are powerhouses stashing te the shadows.

And coins like Litecoin can make investors fairly a profit.

Let’s take a look at that technology.

The Litecoin Origin Story

Litecoin wasgoed introduced to the market te 2013.

Te a way, it wasgoed introduced to remedy many of the problems introduced by Bitcoin.

Litecoin&rsquo,s development team recognized the issues slowing down Bitcoin: slow transaction speed, argumentative community, no mining incentive.

And they immovable them.

  1. Swifter transaction speeds: It only takes Litecoin Two.Five seconds to accomplish a transaction that takes Bitcoin Ten minutes.
  2. A more cohesive community: Litecoin is not spil tumultuous spil Bitcoin.
  3. Lighter to mine: At the uur, Litecoin is lighter to mine and appealing to many people finding their own digital currency on the web.

Thesis differences permitted Litecoin to thrive alongside Bitcoin and Ethereum this year.

Since 2013, the digital currency is up by 1,100%.

But does Litecoin stand a fighting chance te the long run? Or is it stuck forever spil Bitcoin&rsquo,s less-impressive sibling?

However nothing is promised ter the digital currency world, wij have observed currencies with utility triumph time and time again.

And if you’re looking at technology alone, Litecoin is certainly an excellent contender for good profits.

If you are interested ter learning more about Litecoin, Ethereum, and other digital currencies, click here.

Take advantage of our digital currency report. You can optie yours here.

Alexandra Perry is a contributing analyst for Wealth Daily and Energy and Capital. She has numerous years of practice working with startup companies, primarily focusing on artificial intelligence, cybersecurity, alternative energy, and biotech. Hier take on investing is elementary: a fresh age of investor can make monumental comebacks by investing te emerging industries and foundational startup ventures.

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