Litecoin is the eldest coin in cryptocurrencies world but I don't no what is happening. Is it true or right? Litecoin's price is continuing to rise up. I think will be continued in future.
Yeah. Litecoin may be one of the oldest cryptocurrencies in existence, but it has managed to remain stable and stronger than ever. Since it was the first altcoin to successfully activate SegWit solution, it shows that the Litecoin community and its miners are well more organized than those of Bitcoin's.
What took Bitcoin a couple of years to reach consensus among the miners to scale, Litecoin has managed to do so within a very short time frame. Being an extremely fast cryptocurrency with cheaper fees than Bitcoin, I'd say that Litecoin's future is very bright.
Of course it lacks development and innovation, but as long as it remains actively traded on the markets, and supported by its community, it will be here to stay. The way I see it, LTC may continue to rise in price for years to come. Just my thoughts