Litecoin [LTC] outcompetes other major cryptocurrencies in this area

• Litecoin turns out to be a preferred mode of payment for BitPay users.
• The reading of LTC’s MVRV ratio may put some pressure on long-term holders.

According to a recent update by Litecoin, it was revealed that LTC was one of the most preferred forms of payment among other major cryptocurrencies.

                        Read Litecoin’s Price Prediction 2023-2024

Reportedly, Litecoin transactions on BitPay (a payment processor) had increased significantly….