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Litecoin is a kind of cryptocurrency and an open-source software project. It was released under the license MIT/X11. Litecoin was at first as like Bitcoin and spinoff altcoin. It started in 2011. Technically, Litecoin is very much identical to Bitcoin.
It is also known as a form of digital money, that uses the blockchain which is used to maintain the public ledger to all transactions. It serves as a medium for the transfer of funds between the individuals or businesses without the involvement of any third or intermediary party such as bank or other payment process services.
Symbol for Litecoin is 'LTC'. Litecoin is a higly growing kind of cryptocurrency and it has been predicted that it would rise very soon at some good rates.According to recent news, the opening price of Litecoin was 185.02$ and the closing price was 194.47 on march 29,2021.
It would definitely be a good rival for the other Cryptos. There are some predictions that LTC would rise to 900 in 2022-2023 and as high as 1200 by the years 2025-2030. Then I think so LTC would be the best cyrpto in which one should invest in year 2021.
Litecoin has proven at every step that it is a good way of investment, as it has fundamental strength in it. And the other fact is that the asset is coming out of an extended bear market and it has a very deep and strong base. LTC is not just a good investment, it an excellent one.
So let's get started to invest in LTC and have a lots of benefits from it. I hope you all to be successful in every way of life.