Lightcoin (LTC), one of the most popular crypto currencies, has risen in price over last day by more than 36 percent and has taken the fifth place in the world by market capitalization. This is evidenced by the data of CoinMarketCap.
Capitalization of LTC reached 11.9 billion US dollars, according to this indicator, lightcoin was ahead of Cardano (10.1 billion US dollars). By 19:00 Moscow time on February 14, lightcoin cost almost 210 US dollars. According to the Daily Express, the reason for the LTC increase in recent days was the expectation of the introduction of Litepay Payment System on the market, which will be compatible with Visa. This will allow the introduction of lightcoin plastic cards, and for business - to use this virtual currency for calculations.
It is expected that the system, which some analysts called as breakthrough, will start working on February 26. CoinDesk reports that the rise in the cost of lightcoin is also related to the forthcoming fork in the network of crypto-currency. On February 18, it is planned to create the currency Litecoin Cash.
Author: Anna Dorozhkina