{"id":597096,"date":"2024-03-09T12:00:08","date_gmt":"2024-03-09T12:00:08","guid":{"rendered":"https:\/\/wncen.com\/?p=597096"},"modified":"2024-03-09T11:53:17","modified_gmt":"2024-03-09T11:53:17","slug":"litecoin-beats-out-dogecoin-bitcoin-to-emerge-as-top-crypto-for-payments","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/litecoin\/litecoin-beats-out-dogecoin-bitcoin-to-emerge-as-top-crypto-for-payments\/","title":{"rendered":"Litecoin Beats Out Dogecoin, Bitcoin To Emerge As Top Crypto For Payments"},"content":{"rendered":"

Litecoin<\/span><\/a> has emerged as a standout performer in the cryptocurrency payments sector, overtaking prominent digital currencies such as Dogecoin, Bitcoin, and Ethereum as the <\/span>top choice for crypto payments<\/span><\/a> on leading Bitcoin payment service provider, Bitpay.<\/span><\/p>\n

Related Reading: Don\u2019t Miss Out: XRP Bull Flag Signals Explosive Price Movement<\/a><\/div>\n

Litecoin At The Forefront Of Crypto Payments<\/b><\/h2>\n

In a recent <\/span>announcement<\/span><\/a> on X (formerly Twitter), the Litecoin team revealed that LTC has claimed the top spot as the most preferred <\/span>cryptocurrency for payments<\/span><\/a> on Bitpay. Sharing a chart of Bitpay\u2019s payment count by cryptocurrency, the team disclosed that Litecoin has hit a recent milestone, scoring approximately 41.76% of the platform’s total transaction count.<\/span><\/p>\n

Bitpay\u2019s official website has also acknowledged this significant achievement, confirming that \u201cLitecoin is the cryptocurrency most commonly used for transactions\u201d on its payment platform. Surging higher than popular cryptocurrencies such as <\/span>Bitcoin<\/span><\/a> and <\/span>Dogecoin<\/span><\/a>, Litecoin has achieved this milestone by a staggering margin.\u00a0<\/span><\/p>\n

Bitpay\u2019s data disclosed that Bitcoin\u2019s transaction count hovered at 24.36%, marking a notable decrease of 17%, compared to Litecoin. Meanwhile, <\/span>Ethereum lags<\/span><\/a>, barely hitting the double-digit mark with a modest 9.05% on Bitpay\u2019s payment count.\u00a0<\/span><\/p>\n

Even as prominent altcoins like <\/span>Dogecoin<\/span><\/a> attempt to make their mark, LTC has left them trailing behind. Dogecoin, <\/span>holding the 4th position<\/span><\/a> in Bitpay\u2019s transaction count, only managed to score 6.8% in the total transaction count.\u00a0<\/span><\/p>\n

Adding to this recent achievement, the Litecoin Foundation had previously <\/span>disclosed<\/span><\/a> in January 2024, that Litecoin had hit \u201ca new all-time high of 38.25% on all payments\u201d processed through Bitpay, outpacing both Bitcoin and Dogecoin again. This development underscores the cryptocurrency\u2019s prominence and robust fundamentals, surpassing expectations as it sets a new <\/span>standard for digital payments.<\/span><\/a>\u00a0<\/span><\/p>\n

With the latest surge, boasting over 40% in Bitpay\u2019s total transaction count, Litecoin continues to make substantial strides, leveraging the potential opportunities amid the <\/span>rising adoption rates<\/span><\/a> and surge in user confidence.\u00a0<\/span><\/p>\n

<\/p>\n

LTC is now trading at $88. Chart: TradingView<\/pre>\n
LTC Fundamentals Grow Stronger<\/b><\/h2>\n
As Litecoin dominates in crypto payments, it\u2019s worth noting that the cryptocurrency has also been growing stronger in its fundamentals.\u00a0 As <\/span>stated<\/span><\/a> by a crypto community member and Litecoin supporter, <\/span>LTC is witnessing its most bullish year<\/span><\/a>, quickly taking advantage of the positive trends in the crypto market.\u00a0<\/span><\/p>\n
The crypto member also suggests a shift in the coin’s market sentiment, underscoring the <\/span>rising interest from investors <\/span><\/a>and traders in the cryptocurrency\u2019s value and future prospects. Currently, the price of Litecoin is steadily <\/span>approaching the $100 milestone<\/span><\/a>, effectively leveraging its ecosystem\u2019s developments to boost its value and adoption rates.\u00a0<\/span><\/p>\n
Related Reading: Bitcoin Bulls On Alert: Top Analyst Anticipates A Big Spike In The Cards<\/a><\/div>\n
At the time of writing, the cryptocurrency is trading at $88.00, indicating a substantial 25.02% gain over the past month, according to CoinMarketCap.\u00a0<\/span><\/p>\n
Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Litecoin has emerged as a standout performer in the cryptocurrency payments sector, overtaking prominent digital currencies such as Dogecoin, Bitcoin, and Ethereum as the top choice for crypto payments on leading Bitcoin payment service provider, Bitpay. Related Reading: Don\u2019t Miss Out: XRP Bull Flag Signals Explosive Price Movement Litecoin At The Forefront Of Crypto Payments In a recent announcement on X (formerly Twitter), the Litecoin team revealed that LTC has claimed the top spot as the most preferred cryptocurrency for payments on Bitpay. Sharing a chart of Bitpay\u2019s payment count by cryptocurrency, the team disclosed that Litecoin has hit a recent milestone, scoring approximately 41.76% of the platform’s total transaction count. Bitpay\u2019s official website has also acknowledged this significant achievement, confirming that \u201cLitecoin is the cryptocurrency most commonly used for transactions\u201d on its payment platform. Surging higher than popular cryptocurrencies such as Bitcoin and Dogecoin, Litecoin has achieved this milestone by a staggering margin.\u00a0 Bitpay\u2019s data disclosed that Bitcoin\u2019s transaction count hovered at 24.36%, marking a notable decrease of 17%, compared to Litecoin. Meanwhile, Ethereum lags, barely hitting the double-digit mark with a modest 9.05% on Bitpay\u2019s payment count.\u00a0 Even as prominent altcoins like Dogecoin attempt to make their mark, LTC has left them trailing behind. Dogecoin, holding the 4th position in Bitpay\u2019s transaction count, only managed to score 6.8% in the total transaction count.\u00a0 Adding to this recent achievement, the Litecoin Foundation had previously disclosed in January 2024, that Litecoin had hit \u201ca new all-time high of 38.25% on all payments\u201d processed through Bitpay, outpacing both Bitcoin and Dogecoin again. This development underscores the cryptocurrency\u2019s prominence and robust fundamentals, surpassing expectations as it sets a new standard for digital payments.\u00a0 With the latest surge, boasting over 40% in Bitpay\u2019s total transaction count, Litecoin continues to make substantial strides, leveraging the potential opportunities amid the rising adoption rates and surge in user confidence.\u00a0 LTC is now trading at $88. Chart: TradingView LTC Fundamentals Grow Stronger As Litecoin dominates in crypto payments, it\u2019s worth noting that the cryptocurrency has also been growing stronger in its fundamentals.\u00a0 As stated by a crypto community member and Litecoin supporter, LTC is witnessing its most bullish year, quickly taking advantage of the positive trends in the crypto market.\u00a0 The crypto member also suggests a shift in the coin’s market sentiment, underscoring the rising interest from investors and traders in the cryptocurrency\u2019s value and future prospects. Currently, the price of Litecoin is steadily approaching the $100 milestone, effectively leveraging its ecosystem\u2019s developments to boost its value and adoption rates.\u00a0 Related Reading: Bitcoin Bulls On Alert: Top Analyst Anticipates A Big Spike In The Cards At the time of writing, the cryptocurrency is trading at $88.00, indicating a substantial 25.02% gain over the past month, according to CoinMarketCap.\u00a0 Featured image from Pexels, chart from TradingView<\/p>\n","protected":false},"author":594,"featured_media":597125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16897],"tags":[134,428,6664,10],"class_list":["post-597096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-altcoin","tag-bitcoin","tag-crypto","tag-litecoin"],"acf":[],"yoast_head":"\nLitecoin Beats Out Dogecoin, Bitcoin As Top Crypto For Payments<\/title>\n<meta name=\"description\" content=\"Litecoin has emerged as a standout performer in the cryptocurrency payments sector, overtaking prominent digital currencies such as Dogecoin, Bitcoin, and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. 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