Topic: Will 2021 be the year of Litecoin? (Read 537 times)

Good point. Crypto is known to behave in strange and bizarre ways, so anything can happen with Litecoin in the future. I'm hoping that the new "Mimblewimble" privacy feature would boost LTC's price on the market within the short term. For the long term, developers will need to keep adding new features to the Blockchain in order to make it attractive to people in the mainstream world. Litecoin is considered to be an altcoin that's close to Bitcoin in every way. With a battle-tested blockchain network, it's often more secure than newer altcoins on the market. The max supply of 84 million coins makes LTC similar to Bitcoin in terms of scarcity. A deflationary model, should make LTC more valuable over time. Based on these facts, I think LTC is very undervalued right now.

By 2021, Litecoin's price could go all the way to the moon or remain stagnant on the crypto market. There doesn't seem to be much interest into LTC, as all of the attention is on "De-Fi" and stablecoins. We might have to wait a little longer until LTC experiences renewed interest in the mainstream world. I believe that by the end of 2021, LTC would've reached a price of $100 (USD) per coin. That is, if LTC follows Bitcoin's uptrend in price on the market. Otherwise, everything will remain most likely the same as it is right now. Just my opinion

I see that in 2021 LTC there is no good news anymore, maybe the next movement only depends on the bitcoin price movement which will be the reference for bitcoin price movements, you can see the price movement which is always the same as bitcoin. So it is very likely that the price of litecoin will increase in 2021 because there is a bull run that occurs in bitcoin, especially with DeFi support which will also have a good effect.

Who said people are neglecting Litecoin?
The price cannot be going up all the time, it’s just how things works here, there is always a time for everything.

You might wake up tomorrow and the price is steady going up. The price went up in 2017 and 2018 and it was heavily trending. Even till now people are still talking about it and if you check lots crypto currency websites like Coindesk , Cointelegraph, CCN, and many of them they are always pointing out Litecoin as one of the best coins to invest. The market can fluctuate to any direction at any time, so it’s best that you just invest in it that it’s at a low price.

I'm not sure litecoin will see strong growth in 2021. Not because of the new updates but litecoin's technology overshadowed by bitcoin and other cryptocurrencies. Currently, ethereum is increasing in value as DEFI projects are continually being created and DEX exchanges are active. Bitcoin gets more attention for its easing policies from economic institutions such as the SEC and national governments. DEFI projects are attracting huge amounts of money and delivering better returns.

The good thing was litecoin is still able to sustain on top 10 CMC even there was a bunch of defi coins have already released in the market. Litecoin should be on the 8 place of CMC consider polkadot has already entered the top coins too. People are still using litecoin as an alternative payment solution for the major coin like bitcoin or ethereum.

it could be because I see the crypto world already has a lot of enthusiasts so it is impossible for no one to fall in love with Litcoin moreover litcoin is an old coin and development always looks good, My prediction is that even though 2021 will be the year of Litcoin, at least it cannot beat bitcoin and ethereum

Interest/demand into Litecoin has stalled a lot these days. I still have faith that Litecoin will rise again, though. But with many competitors out there on the market, it'll be difficult for Litecoin to stay ahead in the game. Even with the announced "Mimblewimble" privacy feature for Litecoin, people are still focused on "De-Fi" and Stablecoins. Both Bitcoin and Ethereum are in the spotlight right now, while Litecoin is slowly fading into oblivion. If the trend continues, Litecoin could turn out to become another "Dogecoin" in the crypto/Blockchain space.

Despite the facts, I'm hoping 2021 turns out to be a bright year for Litecoin. If developers manage to bring "Mimblewimble" on or before 2021, things might start "kicking" again. But the team would need to ramp up their marketing/promotion techniques if they want Litecoin to become an extremely popular cryptocurrency in the mainstream world. Otherwise, it won't have a future. As far as miners are concerned, they could easily leave Litecoin if prices remain the same or go all the way down the drain. We've seen how prices remained relatively the same or lower than it was before after LTC's latest halving event. This will make miners operations less profitable, resulting in an exodus to other coins on the market. As a consequence, Litecoin will become less secure and vulnerable against 51% attacks, leading many people to lose confidence in it. Let's hope it doesn't turn out that way in the future, as Litecoin sees the light at the end of the tunnel. Just my opinion

I think it is not only about litecoin but all good coins will make it big in 2021 hopefully, obviously litecoin has the potential to make new high prices alongwith other alts. Ethereum with pos algorithm coming could go completely parabolic due to big demand from big investors looking to stake eth for passive income while eth sellers will disappear from the market in anticipation of big gains due to bull run. So yes exciting bullish scenario is being built up right now.

I bought some LTC for $ 56 and hope to get 100% profit in the next few months. By the next halving, I want to see the price per coin around $ 150-180. And this should happen regardless of whether the Mimblewimble function is implemented. And this should happen regardless of whether the Mimblewimble feature is implemented, because LTC is very far behind other coins.

There is every possibility because i remember how big litecoin performed even in last bull cycle and now when there are plenty of developmets and products coming up alongwith some solid partnerships i am sure ltc is warming up to surprise most of us in few months time.

Litecoin needs to get rid of Charlie and basically all of the litecoin team, without doing that they will not be able to have any year at all. Do you guys remember in late 2019 or maybe early 2020, they literally had an idea of paying the team a small amount of money at the transaction fee's like the miners so that the team would be paid and they could work on litecoin to make it better with the money they get from there. That was literally litecoin team saying "pay us so we work" and that is not really cool in crypto world.

You either work to make litecoin better for free because you want to make litecoin better to begin with, or you do not work for litecoin team, that position should be filled with people who are voluntarily doing that job and not people who do it for the money.

There is no "year of litecoin", litecoin is not doing well and as long as that team is behind litecoin there will never be litecoins year, it will always have a low year after low year and will go down. You know why litecoin was second biggest coin and right now it is not?

Because it has been around for a long time and it never really improved itself, look at ethereum when it first was created it wasn't anything and right now it is this huge new awesome thing in blockchain ways and also in community as well yet at the same time it is still improving as well, look at what is going on with the ethereum 2.0 and proof of stake, that is another improvement.

Litecoin doesn't have those type of improvements so people get bored of it and just get away from it over period of time.

All crypto could have the possibility to gain or lose in 2021. Litecoin for an example will do. In my opinion Litecoin was not overlook because it is the projdct itself how it could get more investors. If the investors could see great in litecoin then why not? For now, I do not see any improvement for litecoin and there are only users like you OP wanting to get a hype of this coin. Well, ether has made some upgrade and see now the hype to ether to which investors are putting up their money to eth. Litecoin should exert market strategy to gain. This is how business works.

All are possible to happen in crypto as long as they can gather more investors but  we do not hold tomorrow or even the next year, all we have is just a prediction. So far i didn't see any changes or signs of improvement in litecoin.

there is no reason kuta to make Litecoin a good altcoin in 2021, but if you understand the technical analysis you can try to buy it at every support,
and hold untul next year, hope 2021 will be better for all altcoin

I can't really say why it seems litecoin has been relegated or marginalised, but I know the value hasn't been pumped for a long while. I guess it's because they lack high value investors or because the project development hasn't been consistent or perhaps the community are not carried along on the development made by the team. I really do hope that the coin gets some pumping to give it more recognition and get the community excited.

We don't trust new projects even though the price pump. To invest we need a high volume and liquidity pool from new projects. The litecoin volume is higher than 2018 the bullrun. As a top coin, Litecoin pump will be great next year. We haven't seen a pump since the last Halving pump. There could be an opportunity for Litecoin holders.

i think LITecoin WILL Exit the top 10 altcoins in the Cmc just like ethereum classic after the hacking attack on its  network. recentlly, there was a third attack on the ethereum classic network. Litecoin has little or No activities to attract investors. i think it is still utilized due to majority of companies in the USA accept litecoin tokens for payment.

According to researcher, and with the structure on ground, that is attracting more investors to invest in litecoin, show that 2021 stable profit will flow to those who invented on litecoin.
Everything can never be the same, some will regret not invest on litecoin why some that invested will be very happy for their profit making.

What is mostly responsible for a coin to boom is the development put in place by the team as well as relative pump but the same team, investors or partners. Although, sometimes, if adequate tools is not I place to disseminate information about a coin development, it may not be able to gain the love required to make it boom from the investors.

It is hard to determine how they could attract the investor when uncle Charlie himself claimed that he sold all of his coins, as a lead developer even if he sold all of his coins it is not a great representation that could help the project if they really want to attract huge investment. Interesting aspect is that the price rallied a bit when the entire market moved upwards and hence it is a good sign that we might see the market move when we see the altcoin rally.