Litecoin is currently the sixth largest cryptocurrency by market capitalization, having fallen from grace in recent months. However, some cryptocurrency analysts claim Litecoin is due for a resurgence preceding mass adoption.
‘A Breathtaking Moon Shot’
Litecoin has taken a back seat lately, particularly following the failure of LitePay and the increased hype surrounding EOS’ mainnet launch — with some questioning whether or not LitePay is even worth it while Bitcoin continues to reign supreme.
TMT Blockchain Fund’s Gabriel Francisco, however, believes Litecoin will become one of the first cryptocurrencies to actually gain mainstream adoption for shoppers. He told Express.co.uk: