Saturday, October 28, 2017

Is Vertcoin the next Litecoin?

Vertcoin (VTC) has been gain steam in the past month
Has the nicest chart in crypto land. Most charts when compared to BTC (Etherium, Litecoin, etc) over the year have gone down due to Bitcoin's meteoric rise. Vertcoin has actually been GOING UP when paired against Bitcoin (see screenshot below)


Vertcoin touts itself as a decentralized currency owned by its users.


Its mining algorhythm is ASIC-resistant, which is good news for GPU miners. 
Vertcoin is Segwit activated (not many coins are)
In Litecoin’s roadmap it is explicitly states that they are going to be working on cross chain atomic swaps with Vertcoin.
Transactions are super quick.
Has a large community that is growing daily.

Vertcoin seems to be showing that it is around for the long haul. I think this could be the next big coin on the market.

**Disclaimer: At the time of this writing I am holding VTC long. These are just my opinions and should not be considered trading advice. All Star Trading Team and myself do not endorse buying or selling of any of the tickers discussed. All Star Trading Team and myself may have positions in some of the tickers mentioned. All Star Trading Team and myself are not compensated by any company, investment firm, or individual to express specific opinions of any tickers we analyze. Trading securities inherits risk, All Star Trading Team and myself assume no responsibility for capital lost based on the opinions expressed in this blog.

1 comment:

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