Litecoin (LTC) is up 7,000% this year. Let that sink in for a moment. Comparatively, Bitcoin (BTC) is up just over 1000% while Ethereum (ETH) is nearing 5000%. Not bad returns but Litecoin is crushing everything else in the crypto world. The perennial also-ran to Bitcoin is suddenly waking up from a slumber and rapidly climbing. But why?
Volume. We sound like a broken record but volume matters. Volume is demand. Volume is transactions. Transactions is acceptance. Currencies require demand, acceptance and volume to be useful. If you have been under a rock for the last week then you missed where a new phenomenon called CryptoKitties brought the Ethereum network to a crawl. This is not how Ethereum was supposed to work. Ethereum is all about smart contracts which propelled it to #2 by coin market cap.
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