Cryptocurrency Litecoin Received a Mark B from Weiss Ratings
Popular American agency Weiss Ratings has published a fresh rating of cryptocurrency. Note that the Litecoin received a B rating (excellent). This is due to the high investment attractiveness and massive use of this project. But it is also worth noting that the risk-to-return ratio was less appreciated than other Litecoin parameters, it got mark B-. It is easy to see in the picture below, that the overall LTC rating is lower than that of BTC or ETH, but much higher than that of Cardano and EOS. [caption id="attachment_42091" align="alignnone" width="701"] Source: https://weisscrypto.com[/caption] Now, Litecoin is ranked fourth in the global CoinMarketCap ranking with a total capitalization of about 7.3 billion dollars. [caption id="attachment_42092" align="alignnone" width="910"] Source: https://coinmarketcap.com/[/caption] Since the beginning of 2019, LTC growth has been much faster than other high-capitalized coins. As on June 30, the yield of the top 5 cryptocurrencies in % is: [caption id="attachment_42093" align="alignnone" width="708"] Source: https://messari.io/[/caption] Recall that the Litecoin halving will take place approximately on August 6, 2019, which means that the reward for the mined block will be halved. We want to remind: https://thecoinshark.net/charlie-lee-commented-michael-novogratz-call-to-sell-litecoin-and-buy-bitcoin/