Litecoin has had a couple of blunders in the last couple of months with the aborted Litepay launch back in March. The project was supposed to revolutionize the use of digital currencies for regular purchases of products and services in a way similar to using a credit card or cash.
But as a result of the unexpected challenges in finding a credit card service provider that would partner with the project, the project had to be aborted. Nevertheless, the Abra Wallet, via Bill Barhydt (the CEO of Abra Wallet), has pumped much needed faith in Litecoin (LTC) by choosing it as the firm’s primary asset moving forward for the solutions of their smart contract investing. Recently, Litecoin (LTC) was added to a list of supported digital currencies on the app.
Is It Too Late for Litecoin?
Some crypto buffs say it will take a very long time for Litecoin (LTC) to put itself back together again. Others say the digital currency is dead. Maybe it’s time to look for another option of investment as a result of the shaky recovery of Litecoin.
Nano (NANO) Is the New Investment Option
Nano (NANO) is currently trading at $4.2. The circulating supply of the coin is over 133 million and that of Litecoin is about 56 million. This shows that Nano might not make it to the present level of Litecoin (which at the time of writing was trading at $120) at the moment.
What’s possible, is Nano to get to the $45 level with time and adoption of the digital currency. Some analysts also predicted that the value of the coin will rise above the $190 mark by the end of 2018. Also, the project and coin of Nano are exceptional. Transactions on the platform are free. There is also an application for you to store your Nano on your mobile devices, and it is compatible with iOS, Android, Windows, Linux, and Mac.