Join Telegram channel and get updated

Litecoin is down by 24% and is now trading at $113. The price has been falling over the last month since the slaughter on the crypto market.

There are few bright perspectives for Litecoin as it is subject to the same market forces as Bitcoin and the latter has been falling for months.

 

The news coming from various major countries is surely to directly or indirectly touch the price of Litecoin and it is bound to continue falling, given that it is based on virtually the same infrastructure and principle as Bitcoin.

 

The unfortunate similarity is likely to have the same effect on Litecoin as its price is probably going to fall to about $100 very soon.

Join Telegram channel and get updated

 

Though the crypto market is still relatively new and lacks many of the traditional institutions of a civilized market, there are projects on the market that seek to indemnify or mitigate the associated risks that investors take when deciding to invest in projects. Cryptics is one such project that seeks to offer the necessary instruments for alleviating the situation with uncertainty. The concept behind it is to support market participants by providing liquidity on exchanges and a safety cushion for retail investors by creating a platform that connects market players and develops algorithms to predict changes in the value of cryptocurrencies. Such instruments based on highly advanced scoring models involving machine learning and AI are incomparable with human intuition that even the luckiest and most prudent investors could ever be endowed with. The multitude of factors involved in predicting a cryptocurrency’s rise or fall are all taken into account by the algorithms that Cryptics employs. Investors should consult such projects as the expense is well worth the ensured profit and peace of mind.

Subscribe to our Newsletter