In the interim while most recognizable cryptocurrencies values are increasing, successful stories are expected to be heard. After some speculations that Litecoin could be added to one of the most popular crypto exchange, Gemini exchange – this year its value is thought to grow massively.
Litecoin’s current value is at approximately $162.63, but is assumed to change tremendously if there are to be added onto the Gemini exchange. Being owned and ran by Winklevoss brothers, Gemini exchange this year, is thought to be viewed in another perspective thanks to the involvements of the great Wall Street.
“In 2018, you’re really going to see institutions and Wall Street really get in, and it’s going to look very different.”
Apart from the great expectations for the Litecoin Value, over the past week its value had decreased by 11.6 percent. Having this severe situation, the founder of the altcoin, Mr. Lee, is trying to calm down the investors by strongly stating that the cryptocurrency can be trusted.
“Sorry to spoil the party, but I need to reign in the excitement a bit…The market needs time to consolidate. That’s just my experience from seven years of watching this space…People need to be aware of this possibility and invest responsibly”, he said.
Aside from this small decrease in its value, Litecoin has acquired a good position in the cryptocurrency industry for the past year; it has risen in value by a whopping 4196.16 per cent, consequently the reports that it could be added to the Gemini exchange might bring good results for this coin by seeing its value massively increasing.
Source: Read Full Article