Why Litecoin is the Future of Web3 Finance

Why Litecoin is the Future of Web3 Finance

By Crypto Royale | Test-Publications | 7 Dec 2024


Litecoin has always been a frontrunner in the cryptocurrency space, or more specifically, the microtransactions space, which could be why it had recently skyrocketed to around $135! 

Just like you see this private jet flying in the skies, litecoin is likely to do the same since it generally follows the upward or downward trend of the bull or bear market. This is precisely why most currencies perform well in bullruns, and perform badly in bear runs. I also have to point out that litecoin has pretty slow transaction times mainly due to the congestion we can sometimes experience during times of high volatility. The good thing, though, is that the transaction fees never surpass 1 cent. Which makes it perfect for frontrunning and spamming transactions in the long-run, although solana would be a direct competitor due to their difference in TPS. 

The TPS difference is likely something you should also pay attention to which is why i also say that solana is the better option for frontrunning -- also considering the fact that most of the tokens on the solana blockchain are memecoins and operate well within bears.

Comment down below what you think and what you think i should write about in the near future.

Cheers!

 

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