Bitcoin isn’t the only cryptocurrency grabbing headlines lately. On the heals of Bitcoin breaking $1k USD, Litecoin is soaring off the charts. Many folks who think they missed out on the Bitcoin train are now cashing in on huge returns in Litecoin. Even at $40, Litecoin(LTC) is much cheaper to buy into than Bitcoin(BTC) for the average trader. While Bitcoin is becoming popular with the masses, it still has many technical limitations(ie. transaction limitations), which makes Litecoin seem like a more viable suitor as the standout cryptocurrency.
With cryptocurrency acceptance still in it’s infancy, only time will tell which currency will reign supreme. In the meantime, you can get in on the action trading LTC at Vircurex.