Well, actually it already did, in terms of annual increases. Although Bitcoin is the cryptocurrency that dominated the 2017, Litecoin, which has been in its shadow until now, has entered to the radar of the investors and enthusiasts with the sudden rise in recent weeks. Litecoin, which is among the top five crypto units in the market, ranks first on Tuesday at $ 320, with annual increases exceeding 5,500 per cent. **This is three times more than the rise of Bitcoin**.

http://digitalage.com.tr/wp-content/uploads/2017/12/Bitcoini-sollayan-Litecoin-nedir.jpg

**Differences between Litecoin and Bitcoin**

Litecoin blockchain can achieve **much higher transaction volumes** than comparable Bitcoin. Because the network can create blocks more often **(four times faster than Bitcoin)**, it can also support more operations than Bitcoin in the future without requiring a change in software. As a result, commercial businesses have faster approval times, while they have more approval when they sell products with higher tag prices.

https://coinsutra.com/wp-content/uploads/2017/06/LTC-and-BTC.jpg

**The Bottom Line**

While Bitcoin and Litecoin can be thought as the gold and silver of the cryptocurrency universe today, history has shown again and again that the status quo in the dynamics of the emerging sectors can change in no time. And seeing through all that hype and noise, this is **STILL an emerging sector**. I believe we may see a profoundly different table in worldcoinindex and coinmarketcap in a few months. It remains to be seen whether the cryptocurrencies with which we have become familiar will retain their stature in the months and years to come. I hope y'all be lucky with your investment choices, fellow Steemers.