Litecoin Campaign Update: PayWithLiteCoin to Increase the Global Adoption of LTC

You have not selected any currencies to display

A considerable amount of investors and digital currency enthusiasts should be familiar with the campaign of Litecoin for global adoption – PayWithLiteCoin. The ultimate goal of the campaign is to make Litecoin (LTC) an acceptable means of payment anywhere money is accepted.

The campaign has steadily and gradually been gaining attention, and this is a great news for the digital currency. On the 10th of June, Gabriel Francisco of TMT Blockchain Fund said that LTC will be among the first digital currencies to gain mainstream adoption.

From the perspective of Francisco, Bitcoin (BTC) will continue to be used as store of value while Litecoin (LTC) will lead the way for digital currencies to be used as a means of payment.

SEE ALSO:   Litecoin News Update: Reasons Why the Value of LTC Is Expected To Skyrocket Again (Litecoin (LTC) Price Prediction 2018) - Sun Aug 19

Litecoin Is Now Legal in Thailand

The battle between cryptocurrencies and governments is a long-standing one, while some nations are completely swerving away from digital currencies, others are setting up regulatory bodies to monitor and regulate digital currencies, and Thailand is one of those countries.

On May 14 this year, a regulatory framework for ICOs and digital currencies to operate in Thailand was announced. It was reported that the Security and Exchange Commission of Thailand will allow seven digital currencies to be exchanged, traded, and used for Initial Coin Offerings in the nation. Litecoin is among the seven digital currencies that were legalized by the SEC of Thailand.

SEE ALSO:   Bitcoin Price Prediction 2018: Can cryptocurrency hit $50,000 or $100,000 this year? (Forecast 2018) - Sun Aug 19

Litecoin Market and Price Performance

The crypto market is presently experiencing one of its most challenging time since its inception. When the value of Litecoin broke the $122.00 trendline a few days ago, the Community of Litecoin were expecting a bullish outbreak, but their expectations were averted by the bears.

Litecoin Price Today: Current Price of LTC

The current value of Litecoin is $133.9 after a decrease of about 4.7 percent in the past twenty-four hours. The digital currency is sitting at the number 6th spot on the list of top digital currencies with a market cap of $6.484 billion.

SEE ALSO:   Ethereum Price Predictions 2018: Cryptocurrency's value could triple (How high can the price of Ethereum go in 2018?) - Ethereum news - Sun Aug 19


Please enter your comment!
Please enter your name here

5 + 14 =

This site uses Akismet to reduce spam. Learn how your comment data is processed.