Published
5 years ago on
October 02, 2018
“CoinText makes sending cryptocurrency as easy as sending a text message. It’s a powerful tool for communities to spread adoption of their cryptocurrency.â€Litecoin has also been included on an institutional-grade investment platform. The exchange is known as SFOX which aims to provide to big investments such as companies and professional traders who work in high volume. After the addition of the Litecoin to be forth digital currency on the platform, the creator of Litecoin, Charlie Lee spoke out saying:
“This partnership provides increased liquidity and institutional exposure for Litecoin. SFOX is backed by several well-known investors, which speaks to the company’s business model and team.â€The move means more people in the mainstream will be driven to the coins attention. The social media campaign #PayWithLitecoin is also spreading awareness of Litecoin. Does this mean Litecoin could see a recovery? This obviously depends on a number of different factors. A Bitcoin rally for example would be sure to help cause a spike in the value of Litecoin. Further development from the Litecoin Foundation too will aid a recovery. The question is however, will the rest of the markets allow Litecoin to ever see it’s all time high again? What do you think? Let us know what you think down in the comments! References: AMB CRYPTO
