Litecoin [LTC] was one of the most preferred cryptocurrencies for payments as tracked by the world’s largest crypto payment processor BitPay. LTC’s share of the global payments jumped from 23% in March to a little over 34% by the end of July, representing a nearly 50% jump. In fact, not so long ago in June, the “Digital Silver” flipped the “Digital Gold” Bitcoin [BTC] to grab the numero uno spot for the first time in history. However, LTC’s growth trajectory has since plateaued, and it ceded the first position to BTC.