A Github poll showed that Litecoin (LTC) had no repository updates or code developments from April of this year. Meanwhile, other major digital currencies such as Ethereum (ETH), Bitcoin (BTC) and EOS (EOS) have seen continued development activity on the Github indices, with EOS (EOS) topping the rankings last month.
Litecoin (LTC) Activities have come to an end in April
According to Github indices, all Litecoin (LTC) activities on the code repository ended in April. It was also in April, when the blockchain project collaborated with Coinbase's Visa Shift debit card. Coinbase's Shift Visa card works like a regular debit card, and you can use it to make payments directly and instantly to places that accept VISA.
Possible reasons to stop
There were some hypotheses that the lack of developments is the result of a "bear run break" developer in which developers are cashing out their profits. Others say that the Litecoin developer community (LTC) is holding its breath for the first annual blockchain project Summit to be held on the 14th and 15th of next month.
A significant development of the blockchain project that had enthused the digital currency community was the launch of Lite.im. This is a project of Zulu Republic and has introduced a payment feature via SMS for the Litecoin community (LTC). This allows anyone with a basic mobile device to start using Litecoin (LTC) services. This has helped to increase the adoption and popularity of the digital currency.
Litecoin (LTC) Price Today – LTC / USD
At the time of writing, Litecoin (LTC) traded at $ 57 after a decrease of about two percent in the last twenty-four hours. The current market capitalization of the digital currency is $ 3.28 billion and the volume of trade in the last twenty-four hours is $ 207.02 million.