Now the center of attention of the crypto community is EOS, Litecoin long unheard. However, Gabriel Francisco of TMT Blockchain Fund believes that Litecoin will be one of the first cryptocurrencies that will actually become popular among consumers.
"Litecoin is preparing for a breakthrough. This cryptocurrency is often called the most stable cryptocurrency. At the moment, there are 84 million Litecoin coins in circulation. This is four times more than bitcoin coins, and transactions in this cryptocurrency are also 4 times faster. In other words, bitcoin is gold, and Litecoin is silver," said Gabriel Francisco.
He also believes that in the near future bitcoin will continue to be used as a valuable asset for investors, and Litecoin will be needed to pay.
"Bitcoin will be used as a value asset, and Litecoin will be one of the first cryptocurrencies to be used to buy goods and services. This year Litecoin will most likely test its previous highs if it does not set new ones," added Gabriel Francisco.
The Litecoin community is now holding a special company called "Pay with Litecoin", which aims to make this cryptocurrency popular for payment of goods and services.
"Litecoin enthusiasts are very positive. They have high hopes for the popularization of Litecoin. If it is successful, then I think that this crypto currency will again take third place in the rating of crypto — currencies," said Luke Shipley, co-founder of R_Block.