At least one Wall Street blogger believes that Litecoins are the next big thing.

The author’s post hits on the standard litecoin vs. bitcoin differences, but mostly focuses the success of CipherMine, a Litecoin-mining company that went public a few weeks ago on the LTC Global Exchange. From the post:

Shares in CipherMine, a company that creates virtual currency Litecoin, soared 500% following their initial public offering on June 24 on a virtual stock exchange, LTC Global Exchange. Since launching less than a month ago, the UK-founded CipherMine has achieved a market value of around £500,000 ($744, 500).