Litecoin

Litecoin price forecast: what do you need to know

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Litecoin is becoming an alternative for Bitcoin, as it increasingly serves as a transaction medium for many businesses. The Litecoin Foundation has succeeded in convincing various high-level merchants to accept LTC as a payment method.

The development of Flexa can further accelerate this. Flexa is a one-tap payment method for execution of microtransactions, so users won't have to route payments through banks or card providers. It has good security features and thus users won't have to worry about protecting their private keys.

The transaction speed of Litecoin is faster than that of Bitcoin. However, Litecoin's future depends on its mass adoption. Critics argue that Litecoin doesn't show an impressive run on the commercial adoption front, and point to the 75% price drop since the beginning of the year.

finstead.com/bite/litecoin-price-analysis-prediction-july-28-2018

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