Review on Litecoin by akash king

Name: Litecoin
Item: Litecoin
Rating: 4

June 15, 2019

Litecoin details for short term and long term

Litecoin has acquired more than 5billion$, so litecoin rank increases 7th to 4th also litecoin halving coming is next to two months that's why litecoin has given insane growth yet, and for short term it can give more but I don't like to hold because currently so much great projects available that they can easily beat litecoin
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Updated 5 years ago

Rating has not been changed

Transaction speed and price will impact positively after halving
Charlie Lee considers Litecoin to be silver to Bitcoin’s gold.
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Pros

Litecoin blockchain transaction speed is much better than Bitcoin.
Litecoin is the oldest cryptocurrency, so its difficult have an attack on litecoin blockchain
It is an opensource cryptocurrency and litecoin works on the SHA-256 algorithm
Litecoin is listed on all top major cryptocurrencies exchanges with huge volume
The market cap of litecoin is currently more than 5 billion$ and litecoin recently given growth of 500% that's insane

Cons

Faltering Credibility is the main lousy con of litecoin means litecoin owner Char-lee sold his most of litecoin in public
Litecoin is forked trough bitcoin so if bitcoin blockchain faces any issue so litecoin also may be impacted
No any social group like a telegram, discord No place where the community can talk