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.


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


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:


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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