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.

Source: https://weisscrypto.com

Now, Litecoin is ranked fourth in the global CoinMarketCap ranking with a total capitalization of about 7.3 billion dollars.

Source: https://coinmarketcap.com/

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:

Source: https://messari.io/

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:

Charlie Lee Commented Michael Novogratz Call to Sell Litecoin and Buy Bitcoin

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