Litecoin (LTC) is without a doubt one of the best-known cryptos in the world, and that is not a fluke. It has the fundamentals to back it up. For instance, it is fast, secure, and highly scalable. But these features are increasingly becoming standard in crypto since there are many other coins that have these features.
What makes Litecoin stand out is its high levels of adoption relative to the other cryptocurrencies. Statistics from the Brisbane international airport shows that Litecoin had the highest transaction numbers in the month of July for all payments made using cryptocurrencies. Its transaction numbers were way higher than those of bitcoin cash, another crypto that is also heavily focused on payments.
But this is not the only place where Litecoin (LTC) is winning in terms of adoption as a payments method. More businesses all across the world are adopting Litecoin. According to a research by EToro, Litecoin is gaining ground in adoption with companies like Alza.cz, Wirex, and eGifter, TapJets and CheapAir accepting it as a payment method. These are global companies and the fact that they choose to adopt Litecoin (LTC) gives it a leg-up over other cryptocurrencies in the market.
Still on adoption, Litecoin recent bank acquisition, in partnership with Token pay, will play a major role in pushing up its use case. Through this acquisition, Litecoin debit cards are bound to become a reality in the near future. Once these cards hit the market, the number of people using Litecoin for everyday transactions will grow, and this will have a huge impact on the value of Litecoin going into the future. These cards could very easily give Litecoin the boost it needs to become the number one crypto, of all those focused on payments.
On top of its growing use case, Litecoin also happens to be a deflationary crypto just like bitcoin (BTC). That’s because it has a capped supply of 84 million coins. This gives it a good chance to grow as its demand continues to rise, both as an investment, and as crypto for everyday use. Besides, Litecoin (LTC) will do a halving in 2019, which means that the supply of this coin in the market will reduce significantly in the near future. The halving alone could see Litecoin grow to over $1000, in 2019.
With all these factors at play, Litecoin has a very realistic chance of rising in value way above its all-time highs. Litecoin made it to over $300, when its levels of adoption was way lower than what it is today. Therefore with the bank purchase, an increased level of adoption and the halving that is coming up in 2019, Litecoin has the most realistic chance of making investors rich in 2019 and beyond. It is the crypto that is most undervalued crypto now that the crypto bear run has depressed the prices of the entire market. Getting into Litecoin now could be the best ticket to becoming a millionaire in the future.