3 Reasons to Get Excited About the Future of Litecoin
Litecoin has definitely been the interesting guy this whole time. For a while, every other coin was seeing exponential growth, and LTC saw steady linear growth until the boom up to $100. Here's a fun article from The Merkle about three things that are causes for excitement.
They are:
- Covenants
- Mast
- More atomic swaps
Overall I see LTC being actually utilized more as an actual currency. Transactions are faster, value is less meaning people are more willing to purchase and use, there's a higher market cap, etc...
Like the rest of the market though, my personal opinion is that everything is still in "over-hyped" mode and there will still need to be a longer correction leading to stabilization.
Thoughts on Litecoin?
Happy Monday!!
As a LTC holder, I can actually see LTC being used for everyday transactions due to its faster cheaper transactions. People always talk about how shops/supermarkets etc will soon accept BTC but I actually think LTC is better placed for that kind of Scaling!
I definitely think it's a LOT more usable than BTC....I really don't see BTC ever catching on. It will only be used as "store of value" which means without utilization it will be useless and later, worthless.