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Litecoin (LTC) may touch the psychologically pleasant $70 mark shortly now

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Litecoin LTC
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The crypto market is finally showing some green numbers after being in the red for a while, a fact that caused nothing but the concern in the minds of many crypto enthusiasts and investors. Truth be told, during the first six months of the year there was a point where it seemed just like putting a bet on crypto would be a worthless action, but that is precisely what’s changing right now.

The last days have been pretty much positive for the crypto world showing some of the most remarkable momentums, especially, in the leader of the sector Bitcoin (BTC), which as we know has a significant influence on the rest of the market, so in terms of general growth the crypto verse is just giving its best these days.

In this sense, one of the coins that have shown as well some great moves is nothing but Litecoin (LTC), which for the last two days has been gaining momentum. In fact, at the moment of writing the price of the token according to Coinmarketcap is $68.2, and the crypto has increased by 3.98 percent in just the last 24 hours, a fact that suggests the coin may close the day with a price of 70 dollars or even more.

In addition to this, Litecoin is working on the best updates for the community, so there are strong reasons to believe that the coin will continue its rise to the top. Let’s find out the main details behind the works of the crypto.

Litecoin (LTC) developments

Although the positive sentiment is practically a general thing right now, we can’t deny that Litecoin has worked in the best updates to gain momentum as well. So partially, the latest results are influenced as well by some of the strategies deployed.

For starters, we can mention the partnership Litecoin made with Crypto Facilities to offer futures contracts to the whole community. In this sense, despite the promptness of the addition, Crypto Facilities thinks Litecoin may be a crucial key for futures contracts, and this without counting the fact that the LTC token is related to the USD currency, which, of course, can be used as an opportunity for exposure.

Secondly, Daniel McNally showed a new cross-chain conversion involving Bitcoin and Litecoin last week, and for that, he has used the Lightning Network technology, so it shows a significant advancement as the transference was made without having any interference, which, of course, puts Litecoin in a great position.

However, the most significant update got to be the alliance with the TenX cryptocurrency debit card, a partnership that will help LTC users to put their holdings in the card and be able to use it freely for shopping any kind of goods and services.

In this sense, it was known by a Tweet of TenX that the company is already testing the card, so this could be a major hit for the LTC price. The message reads:

Conclusion

In general terms, we can observe a great performance of the market, but talking about litecoin (LTC) specifically, we can be quite sure (no guarantee in crypto-space) that the coin might continue its rise as all the ground is set to make it possible. LTC enthusiasts, get ready, great things are probably coming for your coin.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Spencer Dahl on Unsplash

Altcoins

TRON Ecosystem New Addition — CryptoDungeons

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CryptoDungeons
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According to the recent Medium post published by TRON Arcade, a blockchain-based RPG called CryptoDungeons is to become the latest hit on the TRON blockchain.

The announcement was published on February 8th, and it states that the CryptoDungeons TRON game is still in development. However, the team is preparing to announce a presale soon, meaning that the official launch is not far away.

About CryptoDungeons

CryptoDungeons was originally developed to be a part of Ethereum’s network. However, the team has decided to bring it to TRON instead. Soon enough, the fans of the game will be able to experience its story, universe, and characters on TRON blockchain.

The game is centered around Heroes who can be bought and used for exploring dungeons, crafting various items, gathering food, and alike. The game also offers five races for players to choose from — Humans, Elves Dwarves, Orcs, and Angels. Additionally, there will also be four classes, including Warriors, Mages, Rogues, and Priests. Each class will have its own unique abilities, with the Warrior class being presented as an example. The abilities that this class features include Strike, Heavy Strike, Shield Wall, Shield Slam,…

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Altcoins

Positive Crypto Price Trend Moves VeChain (VET)

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As many are likely aware of, the previous twelve months were not particularly friendly to cryptocurrencies, and there were two major market crashes since January 2018. However, it could be that investors’ wishes are finally coming true, as the market is currently seeing actual gains. While there is still no certainty regarding this behavior, investors around the world are finding the current development to be quite refreshing.

One interesting development that was noticed these days is the increase of VeChain’s price, which is seeing minor gains at this time.

VeChain (VET) price grows

While most cryptocurrencies experienced some extreme ups and downs during their lifetime, VeChain is usually surprisingly unaffected by the market’s behavior. In fact, its price chart typically shows no major changes, and it seems pretty flat in comparison to other cryptocurrencies.

While this may be a good thing, as the lack of volatility means that the coin is more stable than most, the fact that the price is usually not affected makes the current gains that much more peculiar.

In the last 24 hours, VeChain’s price has grown by 2.16%, placing its value at $0.00401120 at the time of writing. The growth is minor, and the coin’s value only increased by a fraction of a cent, but this is still not typical behavior for this cryptocurrency, which attracted the attention of analysts and investors…

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Altcoins

SOLVE Token Could Be A Huge Long-Term Winner

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Solve.Care
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A lot of articles have been written about an altcoin apocalypse.  With so many tokens entering the market, it is inevitable that not all of them will survive.  When trying to analyze pick out the best projects, the following criteria should be used:

  • Very active community
  • Strong potential for mass adoption
  • Valuable partnerships
  • Experienced leadership

If a project scores well in at least three of the above criteria, it’s a winner.  When it scores well in all four, it has the potential to be a blockbuster.  That potential blockbuster is Solve.Care.

Background

Solve.Care has developed a revolutionary platform that will significantly improve care outcomes by reducing healthcare administrative costs.  The platform will also go a long way toward eliminating a lot of the problems commonly seen within healthcare administration such as duplication, waste, abuse, and fraud.  I firmly expect Solve.Care to generate cost savings by facilitating peer-to-peer transactions that grant authority to stakeholders while empowering payers regarding cost control and oversight.

SOLVE token completed its token sale last year in May.  The company sold 350,000,000 tokens and still has 650,000,000 in its treasury.  The great news is that the token has been recently listed on both Bittrex and KuCoin, two of the largest and most trustworthy exchanges in the world.  Given the recent incidents, especially the Cryptopia hack, being on a trustworthy exchange is of paramount…

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