​​LTO Network (LTO) (2 Part) How LTO Could Grow by 10X As we | Crypto Great | Bitcoin | DeFi

​​LTO Network (LTO) (2 Part)

How LTO Could Grow by 10X
As we write, there are currently 275,526,445 LTO tokens in circulation and LTO has a market cap of around $147 million.

Because we know LTO Network is used an average of 100,000 times every 24 hours (based on the chart above), we can do a quick back-of-the-envelope comparison to show how undervalued that is. Blocktivity info lists other top 25 blockchains with a similar number of transactions to LTO. On average, their market caps are 10 times larger than LTO.

If LTO simply catches up to its peers, its market cap would soar to $1.5 billion. That would make LTO a top 60 market cap coin.

Best of all, with every transaction that happens on LTO, 0.1 LTO tokens are destroyed. This deation puts upward price pressure on the tokens by making them scarcer. So as demand increases, the tokens get rarer. Put simply, as more customers use LTO for more transactions, we expect the token price to increase.

Given the project's current growth rate, we believe LTO tokens could easily soar 10 times within the next 12 to 24 months as more businesses begin adopting its technology. Now, LTO does face competition. It's not the only crypto project building business-tobusiness solutions. But LTO has something a lot of smaller projects don't... active customers.

And its solutions are already getting real-world use.

I realize business-to-business solutions aren't as exciting as bitcoin becoming gold 2.0 or Ethereum replacing traditional nance. But often, the greatest gains can be found in quieter, less exciting sectors.

Cisco Systems (CSCO) is a great example. It makes hardware for networking. There's nothing exotic about it, but everyone needs hardware. That's why Cisco was briey the world's most valuable company during the dot-com bubble.

Something similar could happen with LTO. It's bringing blockchain to businesses in ways that they can use right now.