Buckle your seatbelts, Litecoin is back
The claim that Litecoin is inefficient because bitcoin has the lightning network and lower fees is no longer valid. Prioritizing Litecoin over both Ethereum and Bitcoin is no longer absurd in my opinion. Let me explain
Transactions, transaction fees, and transaction times are all areas now dominated by Litecoin. With Solana losing a great deal of the community's trust, other altcoins not being widely adopted, and the enormous fees of Bitcoin and Ethereum, the second-oldest cryptocurrency resurrects and becomes the best option for transactions.
Litecoin's target price of $130 could be reached within the span of 1-2 months. Around 45 days prior to the Litecoin halvening. This partly hinges on Bitcoin breaking 30k, but in my opinion, the upside potential of Litecoin is larger than that of Bitcoin and I do think we will ultimately continue up.
Transactions, transaction fees, and transaction times are all areas now dominated by Litecoin. With Solana losing a great deal of the community's trust, other altcoins not being widely adopted, and the enormous fees of Bitcoin and Ethereum, the second-oldest cryptocurrency resurrects and becomes the best option for transactions.
Litecoin's target price of $130 could be reached within the span of 1-2 months. Around 45 days prior to the Litecoin halvening. This partly hinges on Bitcoin breaking 30k, but in my opinion, the upside potential of Litecoin is larger than that of Bitcoin and I do think we will ultimately continue up.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.