Litecoin $230 million market cap – going higher – the bull market has begun

Litecoin ( ) has made a significant run lately from $60 million to $230 million and in our opinion is on its way to even bigger returns.

Granted me writing this article can usually spell the end of times for a run up, we may even correct some such as 40% but any drop is a buying opportunity.

Litecoin is Bitcoins younger and smaller in market cap brother but its volume is huge.  Even though Litecoin is 1/15th the size of Bitcoins market cap, Litecoin has trading volume of $25 million to Bitcoins $50 million.

Litecoins main utitlity and feature is that it has much faster transaction times than Bitcoin, not as fast as Bitshares but still reasonable at 2 minutes.

To sum things up, its our opinion that Litecoin will head to $1 billion market cap and a crypto currency 1.0 bull market has begun.

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