Can Litecoin (LTC) score its all-time high in 2019? There are rumors that Litecoin is now compatible with the blocknet. Put simply, it can now function as a cross-blockchain digital asset. As a result, it can easily be anchored to other cryptographic resources.
USD / LTC – Litecoin Price Today
Blocknet actually aims to create a platform that allows communication between different blockchains. As a result, atomic exchanges will be made possible. This is just a single development that is further pushing Litecoin. There are some other developments due to which, it can easily exceed its historical maximum.
Bitcoin Loss = Litecoin Gain:
Bitcoin has been plagued by huge tax problems with slower networks. As a result, traditional Bitcoin adoption is not happening at a faster rate. On the other hand, Litecoin commissions are at the bottom and even the network is faster as scalability is not a problem. This is why it can gain from the loss of Bitcoin. If, in fact, merchants start using Litecoin more thanks to its efficient network, they can increase significantly.
Increase of Litecoin's adoption:
With an efficient Litecoin network, it is becoming more and more usable. As a result, the adoption of Litecoin is increasing significantly. Although Litepay was not successful, however, thanks to lower fares, Litecoin is enjoying more and more success.
With synchronization with blocknet, Litecoin will become increasingly popular. Adoption will increase significantly. As a result, Litecoin will be used by an increasing number of traders who will actually increase the value. Increased adoption will always lead to the best value of cryptocurrency. The market capitalization of Litecoin will also increase accordingly.
List of Gemini:
In all likelihood, Litecoin will also be added to the Gemini exchange. This will still provide a boost for Litecoin prices. It remains to be seen whether this impulse can be sustained or if this impulse will die soon.
All in all, these are the 3 reasons why Litecoin can increase even more than the highs it did at the beginning of 2018. The potential that Litecoin has is much higher than other Altcoins. With greater adoption, Litecoin's fundamentals are also improving. As a result, it will become easier for Litecoin to increase in value. You should also closely monitor this cryptocurrency as it can easily exceed its older maximums to reach more recent peaks. Keywords: Litecoin price today, litecoin price forecast, litecoin news today