Litecoin is one of the most active cryptocurrency projects this year when it comes to price rally, listings, and partnerships. The recent price trend of Litecoin shows that it is one of the best cryptocurrency to invest in 2019, according to data from CoinMarketCap. Litecoin is one digital currency that every digital asset investor and trader should have in their portfolio. The price of Litecoin started this year around the $30 level. At the moment, LTC USD price is up by more than 120%, breaking the first quarter Litecoin price prediction 2019. Watch out for more Litecoin price prediction 2019, as the bullish Litecoin news today seems to be the driving force of Litecoin price. The team behind the project are also working hard to increase the adoption of the coin and push it towards mainstream adoption.
Litecoin Is Beginning to Get More Focus – Litecoin Is One of the Best Cryptocurrency to Invest in 2019
Bitcoin (BTC) is the largest cryptocurrency in the world by market cap, according to CoinMarketCap. Bitcoin seems to get more attention in the crypto market than every other digital currency. The focus of most digital asset investors and traders is on Bitcoin. However, altcoins such as Litecoin (LTC) are increasingly becoming more attractive. Bitcoin dominance is currently around 56 percent, according to CoinMarketCap, but that of Litecoin is also on the rise, as more investors are beginning to acquire the coin.
Litecoin (LTC) Price Today – LTC / USD
No doubt, Bitcoin is the best cryptocurrency in the world. Nevertheless, that doesn’t make it the best cryptocurrency to invest in the short-term. Litecoin (LTC) has a lot of potentials, and some digital asset investors already consider it as one of the best cryptocurrency to invest in 2019.
Why You Should Invest in Litecoin in the Short-Term
One of the major reasons why you should consider investing in Litecoin in the short-term is the bullish Litecoin news ahead. The Litecoin Foundation is securing more partnerships to push Litecoin towards mainstream adoption. The forthcoming halving is another bullish Litecoin news today that would greatly enhance the price of Litecoin, giving investors a reason to smile.
Litecoin Partners with Travala to Accelerate Litecoin Mainstream Adoption – What Impact Will This Have on Litecoin Price Prediction 2019
According to a recent report by CCN.com, the creator of Litecoin – Charlie Lee – just sealed a deal with Travala.com. Travala is a hotel booking platform that is based on blockchain technology. The partnership between Litecoin and Travala is to enable customers that want to book hotels on the platform to pay with Litecoin. Litecoin transactions are very fast and also very cheap. In a statement, Charlie Lee said:
“We are excited to work with Travala to make it easier for Litecoin (LTC) users to TravelWithLitecoin. Nothing increases adoption more than real-life use cases. The opportunity to use a cryptocurrency such as Litecoin to travel around the globe is a very powerful one.”
Another major factor that makes Litecoin one of the best cryptocurrency to invest in 2019 is the forthcoming Litecoin halving. The halving usually takes place after every 840,000 blocks, and the next halving will take place in August. The halving will have a significant effect on the price of Litecoin, as it would increase the value of the coin. After the halving, the price of Litecoin is expected to skyrocket. As a result of this, many digital asset investors are already acquiring more of the digital currency. With all of these in view, Litecoin is one of the best cryptocurrency to invest in 2019, and it is one altcoin that should be in the portfolio of every digital asset investor.