Topic: will LTC finally have a good run and go over $100! - page 2. (Read 854 times)

Abiky said all the good about it (most of the good stuff ), so, yeah.
It's better to keep it on the radar going forward. Because it sure does have the potential.

The ATH was 400$ avobe. So we expect a lot from LTC. We all know that LTC is a great potential project. Its an old coin of the market. We have seen it went along btc and eth for many days. Though ltc has downfall as the whole market fall had fallen badly. The price is around 70$ now at the moment and also it has good volume with marketcap. So it can be surely said that it has much and more potentially to go up and also it has great future. So we can get a lot hope for ltc. I am holding my fund and also trying to accumulate. Let's see how it react with the market.

Yes you are right but then, do we consider it a failed project or what? because from your explanation it seems that the price is declining when bitcoin tends to gain traction on the market. Most people do not consider it that way because they see it as coin that is alternative of transaction and I think have used then for transaction and it was far way very cheaper but never used it currently to perform any payment don't know if they had adjusted their fee as well or still less expensive for payment.

Of course. It's even cheaper than Bitcoin Cash. I'd use LTC for payments anytime. For long-term wealth preservation, Bitcoin is the only answer. I sure hope LTC stays cheap and fast to use forever. Increased network activity will only lead to high congestion in the long run. Litecoin's TX capacity is far greater than Bitcoin's thanks to the reduced block time of 2.5 mins (compared to BTC's 10 min block time). It has the Lightning Network, and Mimblewimble for the privacy-oriented. An undervalued cryptocurrency, in my opinion.

Perhaps, the launch of spot ETFs for Litecoin will increase demand in the long run? One can only imagine. With a limited supply of 84m coins, it would be dumb enough to ignore such a hidden gem. Just buy, "hodl", and forget about the rest.

Do you think we will see it movin' in 2025?

LTC is one of my always favorite altcoins, if you use a decent wallet the fees are literally well below a penny USD, so actually zero. Plus, it is usually pretty stable and can be good for trading when it finally moves.

As d5000 and other members said, the potential is there, so, only time will tell.
I do hope and wish LTC all the best 

If you don't have the skin going for LTC - sure, you can leave it.
But as the d5000 said, even though the coin isn't mainstreamed and used that widely currently, it does have potential, and what it means for us is that it would have potential not only in use cases but also as a potential investment. That's my view on it. Thanks for your thoughts.

well still the point is if Litecoin will act like meme then that proves one thing and this is that Litecoin is also now a pump and dump currency.

While I am not a fan of memecoin then I will not also using litecoin the same way.

lets stay away to currencies that will not give us great return in the coming years?  holding ? this is for me a nonsense way of treating investments .

While you're somewhat correct this is not entirely correct. Litecoin is the first major coin which has implemented Extension Blocks, which is a kind of L2 very similar to a sidechain, but "tied" very closely to the layer-1. Extension blocks were discussed in the scaling debate in 2016/17 for Bitcoin. LTC uses extension blocks for the MimbleWimble (MWEB) feature, but it can also be considered a scaling mechanism.

This has probably mostly traditional reasons. LTC was used widely since the first big altcoin boom in 2014 to trade small coins with values per unit close to a satoshi. And LTC, as its unit isn't so pricey, can offer more granularity - if you have a coin priced at 2 sat for example, then if trading with BTC you would likely have a bid at 1 sat and the ask at 2 or even 3 sat, which would mean that the bid is only half or even a third of the ask Not to mention coins with values below a satoshi, which could not have been traded for BTC (without introducing a sub-satoshi unit locally at the exchange).

Litecoin has always been under the radar of mainstream investors and traders alike. It's widely unpopular, especially because it doesn't bring any innovation to the crypto/Blockchain space. By innovation, I mean smart contracts, NFTs, L2s, and whatnot. It's as simple and close to Bitcoin as it gets. Suprisingly, it's one of the coins with the most trading pairs on the market. It also has high liquidity and trading volume.

Can LTC reach $100? Yes. But not on its own. Only a massive bull market triggered by BTC will help it reach such valuation. I would've expected more from a coin that often proclaimed itself as "Silver to Bitcoin's Gold". With a limited supply of 84 million units, LTC should've been in the thousands by now. At least, the LTC blockchain is alive and running as usual. Tried and tested, unlike Solana and the rest of the other "shitcoins". Who knows how far will it go?

If it happen, that will gives the investor big profit although not as big when the ATH of litecoin is above 400 dollars. So Litecoin could be one of many hidden gems to those investors who still search for the coin.

The price of Litecoin now is not too high and if we see the trend in the market, it seems Litecoin could be down if Bitcoin price down for more. So that can be a good time to accumulates Litecoin at a lower price.

That will be good if somehow Litecoin could only touch previous ATH. But the investors want to see the price will increase more than last ATH. I imagine if 1 Litecoin can be at $1k

This is probably the reason why LTC stagnated in the last months. LTC (and other altcoin) hodlers saw that the Bitcoin price was going up significantly due to the ETF rumours since late 2023, and then after the final ETF introduction in the US in January 2024. Many have probably taken profits in the region around $100 and then invested them into BTC which looked healthier, and the LTC price dropped again.

Now what will happen in the future with the LTC/BTC market? That's of course quite difficult to predict, and I will also not try to shill anything.

In my opinion everything depends if the LTC/BTC market is generally in an equilibrium, where price swings do happen but are not significant -- this would mean that the current lower LTC/BTC price is caused by short-term speculation, like the profit taking/"riding the BTC wave" I mentioning above. This would mean that eventually the LTC/BTC market would be oversold, i.e. everybody who wanted to sell their LTC to buy BTC would have sold, which would allow demand to take over the market again and rise the LTC/BTC price.

Alternatively LTC could have a serious adoption problem, i.e. the growth of LTC users would be systematically slower than the growth of BTC users. This would justify a decrease of the LTC/BTC price.

I however am quite more fond of the "equilibrium" theory. The reason are simply the statistics I posted several times here. Litecoin is used more for transactions every year, it's the leading payment coin, its development is healthy, and there is an interesting synergy with Dogecoin which is merged mined and provides additional security.

Some stats which show that market cap is the only indicator where LTC really lags behind other major coins:



Source BitInfocharts (these images are from a few weeks ago, but the current ones look very similar, simply follow the link).

I have a moderate amount of LTC and the price has stalled quietly for a long time now. At some point LTC/USD will be easy to go higher when BTC flies above the current ATH. The real question is LTC/BTC will it have a major move up any time soon? If not, you are effectively losing some of your potential BTC stash as time goes by.

What I meant is the fact that, if a meme can rise in a matter of a week before lying dormant for a year or two, why do LTC, with good core ideas, community, and etc. do the same one day?
I wasn't talking about LTC being a meme or investing in memes.

Lol that is what I actually mean here 

Litecoin is nowhere to go and to provide because this is nothing but a near to die coin , memecoin? lol a BS investment unless you are looking for an easy money but an easy loss as well .

It may not happen soon but we need to ask ourselves if it will happen at all? And I think the answer is most likely positive, after all the ATH of litecoin is above 400 dollars and bitcoin is yet to experiment the bull run that we know that is coming, so even if litecoin was only able to touch its previous ATH, that could be more than enough to produce massive profits for anyone holding it long term or for someone that could be interested in diversifying their portfolio.

One of the bigger reasons is because of familiarity, people know about litecoin, while other coins and tokens are not always as much known as litecoin, we know what litecoin is about. So when it comes to bull period, we see everyone flock to what they know, and litecoin goes up a lot at times because of this reason. We can't predict if it will explode, but we know it will do fine, with a bull run, if bitcoin is going up a lot, then litecoin is a coin that will do fine along with it as well, most probably.

Not a lot of projects can say there is a direct connection, most projects could crash if something goes wrong, litecoin had many periods where things went wrong for it but did alright and still surviving after this much time.

Why a coin with a good use case and overall community can't get over the barrier, and a meme can?
I do think that it's possible, you just gotta have some skin in the game going for LTC.

That long time ismore than enough to realized that you are in the wrong altcoin mate , Litecoins good days have long gone and no  more chance for this to regain its best price(not unless being pump and dump)
better to purchase a coin that has better future like Binance and Cardano .

this cannot even recover to 100$.