Litecoin (LTC) outperformed all major cryptocurrency assets Wednesday, Feb.
Having a Solution for Litecoin, Similar to BitPay for Bitcoin in late 2017, a company called LitePay announced Monday, Feb. 12, that it would release the service on Feb. 26.
“We started because the people asked (BitPay) to accept LTC. They would not, so we took the challenge, “the project explained in their tweet Monday.
We started because the people asked @Bitpay to accept LTC. They would not, so we took the challenge. Infrastructure for LTC February 26 🚀 # PayWithLitecoin #LitePay
– LitePay, Inc. (@LitePayInc) February 13, 2018
Litecoin had broadly followed markets.
News earlier this month that a group of developers are planning for hard fork the Litecoin network for the first time to form “Litecoin Cash” on Feb. 19, 2017 sparked enthusiasm among traders. Price increases are also attributable to traders likely to be ‘stocking up’ to LTC in order to benefit from the forthcoming ‘airdrop’ of Litecoin Cash tokens.
The announcement for Litecoin Cash promised a free allocation of 10 tokens per litecoin held
The author of the book Charlie Lee reads the following article in his article. 4.
PSA: The Litecoin team and I are not forking Litecoin. Any forks that you are thinking about to think about it’s related to Litecoin. Do not fall for it and definitely do not enter your private keys or seed into their website or customer. Be careful out there! https://t.co/qXbiIxp5Al
– Charlie Lee [LTC] (@SatoshiLite) February 4, 2018
Elsewhere in the top cryptocurrencies by CoinMarketCap, Bitcoin broke the $ 9000 mark to trade at $ 9,284 with average 7.7 percent earnings in the 24 hours to press time. The majority of top 10 altcoins followed, climbing an average of about 7 percent.
Monero, Stellar, and OmiseGo fared better still, appreciating up to 20 percent in the 24 hours to press time.