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Topic: will LTC finally have a good run and go over $100! (Read 945 times)

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Interesting that the thread was bumped recently, but not the day when $100 were finally crossed Smiley

New high of this mini-cycle was around $106 on November 22 or 23 (Binance's high was at 106.36). So congratulations to all those who were patiently hodling in the $60ish depths.

Now the little Bitcoin pullback drove also LTC down a little bit, but at $96 it is close enough to attack the $100 mark again in every moment. I think everything depends now on Bitcoin's behavior: will it "sleep" at $95k for some time? Then there are good chances for new local LTC highs, as often people then will try their luck trading alts. Of course if BTC crosses $100k, the probability is also high, but the resistance at this level still seems relatively strong. The most bearish scenario would be a further pullback of BTC below $90k imo, which is still no drama at all because such pullbacks always occurred in bull markets. Possibly then we've to wait to cross the mark sustainably until 2025.

Of course. Without Bitcoin, Litecoin would be nothing. Unless BTC turns extremely-bullish, don't expect LTC to reach a new ATH anytime soon. I'm waiting for the day when Litecoin goes all the way to $500. Or even $1k for that matter. It might live up to its name as "Silver to Bitcoin's Gold".

At the time of this writing, LTC already surpassed $100. The OP was right all along. Now all that's left is for Litecoin to get its own spot ETFs, and nothing should stop it from going to the moon. Hopefully, development for the project continues to keep it up to date with the latest advancements in the crypto/Blockchain space. With innovation, LTC will go places. Just my two sats. Grin
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
This happens because new altcoins are constantly appearing and people are selling their old altcoins to buy new altcoins. Just look at the case of Solana, which is newer than Litecoin, but Solana has a higher price than Litecoin and has more attention, even if it is because of the meme coins, which are mostly shitcoins. While Litecoin doesn't have much to offer, I personally don't buy altcoins for the long term. I always prefer to buy Bitcoin and HODL it for many years, because it is more reliable.

Well hate to say this 😭 but i do agree with the slow death thought, i mean litecoin is good the best pow that i know super cheap and fast but today after the etherum come.

Everything is changed layer 2 comes cheap and fast tx is a thing and a common right now.

Some people sold their old altcoin to buy new coin that have good development and lot of community so is changed in my opinion
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
Interesting that the thread was bumped recently, but not the day when $100 were finally crossed Smiley

New high of this mini-cycle was around $106 on November 22 or 23 (Binance's high was at 106.36). So congratulations to all those who were patiently hodling in the $60ish depths.

Now the little Bitcoin pullback drove also LTC down a little bit, but at $96 it is close enough to attack the $100 mark again in every moment. I think everything depends now on Bitcoin's behavior: will it "sleep" at $95k for some time? Then there are good chances for new local LTC highs, as often people then will try their luck trading alts. Of course if BTC crosses $100k, the probability is also high, but the resistance at this level still seems relatively strong. The most bearish scenario would be a further pullback of BTC below $90k imo, which is still no drama at all because such pullbacks always occurred in bull markets. Possibly then we've to wait to cross the mark sustainably until 2025.

brand new
Activity: 0
Merit: 0
i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
Yes it has a good chance to break 100$. Just wait a bit more.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
What LTC needs right now is a wake up call, because it has been asleep for a while and hasn't done much, I agree that it needs to do something better. Litecoin has so much potential and has been around for so long and yet it doesn't do anything at all. This is getting boring because of what coin is lacking and because of the things litecoin isn't improving, we are seeing worse and worse results as well.

I believe the best way to improve would be adding something to the chain, making it more modern, see all the other projects and how the yare improving and making something similar. Why is ETH second number? Why is SOL increasing so much? I mean they can't do what BNB does because that is tied to exchange, but it can do what ETH and SOL does, or any other. This is why I believe we should be seeing LTC devs to wake up and finally do something. While they do not have devs like newer projects, Charlie and the co, could end up doing something about this.

I prefer an unpopular crypto such as Litecoin than an overhyped project like Solana. Projects driven by hype usually don't last that long. Remember, utility goes above all else. And I'd say, Litecoin is useful. It can be used for cheap and fast payments worldwide. Not to mention, a large number of merchants (both physical and online) accept it as payment method.

I can buy gift cards on Bitrefill with Litecoin, get a virtual VISA card with Litecoin using Moon Pay, trade LTC to almost any crypto coin across a wide number of exchanges, and more. Can you do that with Solana or Shiba Inu? These chains are overhyped, but they often lack merchant acceptance, and are listed on a small number of exchanges. Trading pairs for LTC are almost everywhere. If that's not all, you can also send/receive Litecoin privately using the "Mimblewimble" privacy technique.

Considering that Litecoin is a tried-and-tested Blockchain network, I'd say the project is already a winner in my book. $100 per LTC is feasible if the whole crypto market continues on a bullish trend. Isn't Litecoin "Silver to Bitcoin's Gold"? Cheesy
copper member
Activity: 126
Merit: 6
i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
What LTC needs right now is a wake up call, because it has been asleep for a while and hasn't done much, I agree that it needs to do something better. Litecoin has so much potential and has been around for so long and yet it doesn't do anything at all. This is getting boring because of what coin is lacking and because of the things litecoin isn't improving, we are seeing worse and worse results as well.

I believe the best way to improve would be adding something to the chain, making it more modern, see all the other projects and how the yare improving and making something similar. Why is ETH second number? Why is SOL increasing so much? I mean they can't do what BNB does because that is tied to exchange, but it can do what ETH and SOL does, or any other. This is why I believe we should be seeing LTC devs to wake up and finally do something. While they do not have devs like newer projects, Charlie and the co, could end up doing something about this.

ETH and SOL have vibrant ecosystems that are also surrounded by other projects on top of themselves.
And they are all shilled all the time to people around due to SOL and ETH being one of the biggest alts out there.
If LTC delivers on that matter, people will flock to it, in my opinion.
hero member
Activity: 2408
Merit: 584
i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
What LTC needs right now is a wake up call, because it has been asleep for a while and hasn't done much, I agree that it needs to do something better. Litecoin has so much potential and has been around for so long and yet it doesn't do anything at all. This is getting boring because of what coin is lacking and because of the things litecoin isn't improving, we are seeing worse and worse results as well.

I believe the best way to improve would be adding something to the chain, making it more modern, see all the other projects and how the yare improving and making something similar. Why is ETH second number? Why is SOL increasing so much? I mean they can't do what BNB does because that is tied to exchange, but it can do what ETH and SOL does, or any other. This is why I believe we should be seeing LTC devs to wake up and finally do something. While they do not have devs like newer projects, Charlie and the co, could end up doing something about this.
legendary
Activity: 3346
Merit: 1128
Reaching 100 isn't the biggest issue, or it wouldn't solve any problems for it neither. If the whole market goes up, then we are going to end up with nothing that big and would be just checking something normal out, and I would say it would be something nobody really cares neither, should be very normal case.

I believe the best thing to do here would be just making sure we are dealing with ETH and LTC being similar in the sense that the yare leading crypto in years and experience, and yet ETH is second whereas LTC isn't even in top 20. So LTC has to figure out what it did wrong to go down that much, and what it is missing from the market. If they can figure out what needs to be improving then maybe they could build something people could enjoy, in which case this would work out well as well.

I believe in this, and I think it can do very well, we just need some time for this to work out in the end. I believe LTC will grow, but not based on just price, if the price goes up because market goes up, then it would rank similar to what it is right now, I believe it is not the price but the rank that matters, it should go up in ranks to show the world that it is still one of the best out there.
?
Activity: -
Merit: -
Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy
I am not sure if Litecoin ETF will  become a thing that easily, looks like that would not be next up on the list. I mean we are definitely not looking at this as something which would not be looking like LTC is impossible, of course an ETF could happen with this as well, but that doesn't mean that we are going to see this, there are situations where it may not happen as well.

What we should be looking at is how LTC could rank up higher compared to other coins because it's barely around top 20 right now and deserves to be a lot higher. If it could reach to top 10 which I believe it deserves to reach, then ETF becomes an easier possibility, right now having an ETF for something that is not even in the top 20 looks to be a tough situation.

So the LTC needs to pump a bit, keep the impulse to get the ETFs, and then go even further  Grin
Would be great, but much time would need to pass.
hero member
Activity: 2828
Merit: 611
Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy
I am not sure if Litecoin ETF will  become a thing that easily, looks like that would not be next up on the list. I mean we are definitely not looking at this as something which would not be looking like LTC is impossible, of course an ETF could happen with this as well, but that doesn't mean that we are going to see this, there are situations where it may not happen as well.

What we should be looking at is how LTC could rank up higher compared to other coins because it's barely around top 20 right now and deserves to be a lot higher. If it could reach to top 10 which I believe it deserves to reach, then ETF becomes an easier possibility, right now having an ETF for something that is not even in the top 20 looks to be a tough situation.
copper member
Activity: 280
Merit: 5
As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen  Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy
Litecoin is without a doubt one of the coins to watch for, its price is relatively cheap, its potential is high, and as you mention it is one of those coins that may get ETFs approved on the future, which could propel its price to incredibly heights, so it is not a bad choice to add to our portfolio as it is quite likely it could give us better returns during this bull run than what bitcoin could give us, because of this I think it makes sense to keep an eye on litecoin for the time being.

Sounds like a plan.
LTC to the Moon, even though we will need to wait for quite a while, in my opinion, everybody can try to catch the wave by keeping some faith in it  Grin
legendary
Activity: 2716
Merit: 1383
As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen  Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy
Litecoin is without a doubt one of the coins to watch for, its price is relatively cheap, its potential is high, and as you mention it is one of those coins that may get ETFs approved on the future, which could propel its price to incredibly heights, so it is not a bad choice to add to our portfolio as it is quite likely it could give us better returns during this bull run than what bitcoin could give us, because of this I think it makes sense to keep an eye on litecoin for the time being.
copper member
Activity: 196
Merit: 6
As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen  Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy

Yeah, "common man's BTC" is there for sure, and the potential for it too.
Thanks for a great convo and arguments towards it, even though it's only a possibility, I would want to believe in the bright future for LTC. It deserves it.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen  Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy
copper member
Activity: 196
Merit: 6
i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
Not sure if this will be coming in the coming days or even years because this is hard to understand who will trust Litecoin in this status .

Also LTC days are already gone long time ago so there are nothing to expect in literal way lol.

As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen  Grin
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
Reaching a high level for any coin is a tough deal when the market doesn't move up. Which means, if everything else goes up like that, like if btc moves up fifty percent and so does eth and bnb and ada and sol and ton etc etc etc, then yeah LTC will move up like that too and reach 100 dollars. However, if the market is not going up that much then we are not going to see LTC do crazy good neither, it will not be simple and we are not going to see these type of results.

So we need to be careful about this, and not have anything crazy going on neither, the results will not be same and the problems will continue to exists. This is why LTC can't be going up alone and we are not going to benefit just from LTC itself, the whole market should move together and we can benefit from everything then.
full member
Activity: 2520
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Eloncoin.org - Mars, here we come!
i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
Not sure if this will be coming in the coming days or even years because this is hard to understand who will trust Litecoin in this status .

Also LTC days are already gone long time ago so there are nothing to expect in literal way lol.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
It's caused by investors' perspectives starting to change. They're realizing that if smart money is always moving, it's going to the new, hyped cycle. They're going to hyped projects to get the tokens, then take huge profits on a short investment.

They're not even interesting anymore in the old token. They don't want to get their money trapped in an old token with an outdated use case, like LTC. I see no reason for LTC to shine in the long term. It's an outdated token now. It's not attractive enough to attract the smart money to come.

That's why an old token is always stuck at the same price. The hyped tokens pumped hard and hit new all-time highs.

Of course. It's all about making money. And LTC doesn't bring that "excitement" as much as other coins. No NFTs nor "memes" of any kind, removes the possibility of speculating on LTC's market price. It really doesn't matter if investors choose other coins instead of LTC. As long as Litecoin remains useful, there should be nothing to worry about.

I'd say LTC is one of the most decentralized and secure blockchains in the world. It's as close to Bitcoin as possible. At current market prices, LTC's fees are dirt-cheap. You can send money with it around the world for pennies (literally). If prices go up, it will be much more expensive to use LTC for daily payments. Developers are still working on the project, so I'm hopeful it will stand the test of time.

I've heard rumors that applications for Litecoin spot ETFs will be submitted sometime in the future. Very bullish for the cryptocurrency if approved by government agencies. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. Smiley
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Investors are beginning to lose appetite on old assets who have lost it potential in the market or altcoins that have already passed their glory days and at that buying them for future sake may not give you the same potential as like new coins in the market and that is why we can't predict or speculate their future for now regardless of how much bitcoin is worth in the future.

Having in mind that litcoin may not have that potential to reach it previous all time high even if bitcoin reach $100,000 or even above that price, so for sure we have more coins with great potentials that are much greater than that of litcoin.
although that's true, we can't just shrug off the fact that litecoin is among the most widely adopted coin used for payment, I think this use case is the only use case that helps greatly litecoin in retaining its value, but nonetheless the fact that it lacks innovation will also making it lost its market share as the time goes.

maybe it's time for Litecoin to have its L2 that enables smart contract capability? but I agree with you, investor losing appetite over old coin is real, so many old coin has been consistently losing their market cap over the course of the year, mainly because the nature of crypto market, always hyping up the new coin and abandoning the old one because the old ones deemed to yield less profit than the newer ones for investment.

Investors do be going into the projects sometimes for the hype only, even if their use cases sound good, they may be the same candy in a different wrapping.
However, I do believe that LTC will shine in the long term.

It's caused by investors' perspectives starting to change. They're realizing that if smart money is always moving, it's going to the new, hyped cycle. They're going to hyped projects to get the tokens, then take huge profits on a short investment.

They're not even interesting anymore in the old token. They don't want to get their money trapped in an old token with an outdated use case, like LTC. I see no reason for LTC to shine in the long term. It's an outdated token now. It's not attractive enough to attract the smart money to come.

That's why an old token is always stuck at the same price. The hyped tokens pumped hard and hit new all-time highs.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
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.

$70 per coin is a bargain, tbh. Not even close to LTC's ATH. But if the market continues on a bullish trend, it's likely LTC will reach a new ATH soon. All eyes are on Bitcoin getting past $70k for the altcoin season to begin. No matter how high LTC will go, it'll always be faster and cheaper to use than BTC. A crypto of choice for daily payments among many people. It may well live up to its name of being "Silver to Bitcoin's Gold".

I have to say the developer team needs to ramp up marketing efforts if they want people to notice all of Litecoin's benefits. For instance, LTC can be used for privacy-oriented transactions thanks to the Mimblewimble protocol upgrade. Only available on the Litecoin Core wallet software, though. I'm hoping mobile wallets get the feature for mainstream use of such privacy technique. And don't get me started on Litecoin's implementation of the Lightning Network. Who knows what surprises we'll find in the future?
copper member
Activity: 196
Merit: 6
Investors are beginning to lose appetite on old assets who have lost it potential in the market or altcoins that have already passed their glory days and at that buying them for future sake may not give you the same potential as like new coins in the market and that is why we can't predict or speculate their future for now regardless of how much bitcoin is worth in the future.

Having in mind that litcoin may not have that potential to reach it previous all time high even if bitcoin reach $100,000 or even above that price, so for sure we have more coins with great potentials that are much greater than that of litcoin.
although that's true, we can't just shrug off the fact that litecoin is among the most widely adopted coin used for payment, I think this use case is the only use case that helps greatly litecoin in retaining its value, but nonetheless the fact that it lacks innovation will also making it lost its market share as the time goes.

maybe it's time for Litecoin to have its L2 that enables smart contract capability? but I agree with you, investor losing appetite over old coin is real, so many old coin has been consistently losing their market cap over the course of the year, mainly because the nature of crypto market, always hyping up the new coin and abandoning the old one because the old ones deemed to yield less profit than the newer ones for investment.

Investors do be going into the projects sometimes for the hype only, even if their use cases sound good, they may be the same candy in a different wrapping.
However, I do believe that LTC will shine in the long term.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
Investors are beginning to lose appetite on old assets who have lost it potential in the market or altcoins that have already passed their glory days and at that buying them for future sake may not give you the same potential as like new coins in the market and that is why we can't predict or speculate their future for now regardless of how much bitcoin is worth in the future.

Having in mind that litcoin may not have that potential to reach it previous all time high even if bitcoin reach $100,000 or even above that price, so for sure we have more coins with great potentials that are much greater than that of litcoin.
although that's true, we can't just shrug off the fact that litecoin is among the most widely adopted coin used for payment, I think this use case is the only use case that helps greatly litecoin in retaining its value, but nonetheless the fact that it lacks innovation will also making it lost its market share as the time goes.

maybe it's time for Litecoin to have its L2 that enables smart contract capability? but I agree with you, investor losing appetite over old coin is real, so many old coin has been consistently losing their market cap over the course of the year, mainly because the nature of crypto market, always hyping up the new coin and abandoning the old one because the old ones deemed to yield less profit than the newer ones for investment.
legendary
Activity: 2772
Merit: 1127
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.
There is definitely some reasonable situation where we are going to see the current price go up eventually, getting to like four times higher than what we are dealing with right now will end up with a lot better situation and will end up with better results for sure. I know we are going to end up with results that will not be all that crazy at all. Just realize how LTC is a great coin and we are going to see how this is going to be something that we can deal with at the moment.

This is why I believe we are going to see LTC price will be 400 dollars and do look like we are going to have that when the all time high happen here as well. Having "high" expectations will end up with a lot better situation and shouldn't really be worried at all, we are going to see hopes with this level.
hero member
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Investors are beginning to lose appetite on old assets who have lost it potential in the market or altcoins that have already passed their glory days and at that buying them for future sake may not give you the same potential as like new coins in the market and that is why we can't predict or speculate their future for now regardless of how much bitcoin is worth in the future.

Having in mind that litcoin may not have that potential to reach it previous all time high even if bitcoin reach $100,000 or even above that price, so for sure we have more coins with great potentials that are much greater than that of litcoin.
copper member
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
The ATH was 400$ 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.

Abiky said all the good about it (most of the good stuff Grin), so, yeah.
It's better to keep it on the radar going forward. Because it sure does have the potential.
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
The ATH was 400$ 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.
hero member
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When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.
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.
legendary
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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.

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. Smiley
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Litecoin [...] doesn't bring any innovation to the crypto/Blockchain space. By innovation, I mean smart contracts, NFTs, L2s, and whatnot.
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.

Suprisingly, it's one of the coins with the most trading pairs on the market. It also has high liquidity and trading volume.
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 Wink 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).

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.

Do you think we will see it movin' in 2025?
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Litecoin [...] doesn't bring any innovation to the crypto/Blockchain space. By innovation, I mean smart contracts, NFTs, L2s, and whatnot.
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.

Suprisingly, it's one of the coins with the most trading pairs on the market. It also has high liquidity and trading volume.
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 Wink 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).

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.
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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.

As d5000 and other members said, the potential is there, so, only time will tell.
I do hope and wish LTC all the best  Roll Eyes
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Lol that is what I actually mean here  Wink

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 .

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.
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 .

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.
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Lol that is what I actually mean here  Wink

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 .

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.
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 .
legendary
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Litecoin [...] doesn't bring any innovation to the crypto/Blockchain space. By innovation, I mean smart contracts, NFTs, L2s, and whatnot.
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.

Suprisingly, it's one of the coins with the most trading pairs on the market. It also has high liquidity and trading volume.
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 Wink 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).
legendary
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We can't technically know exactly what will happen, but it is following bitcoin quite close. Which means, when bitcoin goes over 100k, then we can see LTC going over 100 dollars as well, not that impossible. I always believe that LTC is not given the attention it deserves, I believe that it should be fourth biggest cryptocurrency, and it deserves much higher marketcap but for some reason people are not interested in it too much, which is confusing.

I mean this is the second good coin we got after bitcoin was created, there were some terrible tries like namecoin and what not, but litecoin was the second ever to do a good job, so it should be around without a doubt. I hope it grows, and gets better ranking eventually as well.

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?
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I am not sure if LTC can breaks $100 barrier in a short time but could happen in the next altcoin season which we don't know when. If you believe LTC can increase, you should hold until the price rise. If you bought LTC when the price $39, you are now make a nice profit. But if you want more profit, you should hold it for more although we don't know how long you can hold. I have a feeling when Bitcoin can increase more than $100,000 in the next bull run, that can impact to altcoin including LTC so the price can be more than $100 again. But that is just my prediction and you should research for more.
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.
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 Grin
legendary
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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.
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).
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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.
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Lol that is what I actually mean here  Wink

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 .

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.
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
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$.

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.
Lol that is what I actually mean here  Wink

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 .

legendary
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I am not sure if LTC can breaks $100 barrier in a short time but could happen in the next altcoin season which we don't know when. If you believe LTC can increase, you should hold until the price rise. If you bought LTC when the price $39, you are now make a nice profit. But if you want more profit, you should hold it for more although we don't know how long you can hold. I have a feeling when Bitcoin can increase more than $100,000 in the next bull run, that can impact to altcoin including LTC so the price can be more than $100 again. But that is just my prediction and you should research for more.
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.
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One thing I have observed about LTC is that it tends to grow quite explosively in altcoin seasons, but trade a bit "meh" in the rest of bull markets. This can be seen in the chart @Yamane_Keto posted before. It tends to really rise only when Bitcoin enters its final "euphoria" phase.

I can only speculate about a reason. Perhaps it loses in the "attention economy" in the early to mid bull market to premined coins with a higher marketing budget and more "hype potential". Then in the late bull market, when most of these coins are already overvalued (and their founders start to dump) people remind LTC.

It may also be the case that a BTC/USD increase, even if LTC/BTC is slightly declining like in the last months, helps to increase the LTC/USD price to a point where finally a significant higher high or another TA "milestone" is reached, and then the LTC price is able to "explode".

Of course we can't predict if such an "explosion" will again occur. Fundamentals look good however - LTC's transaction activity and also the active addresses are about a third to half of Bitcoin's and double those of 2023 even if the price hasn't moved much. See also these charts, where LTC captures a quite high share of many indicators - with the exception of market cap, hinting that it is "systemically undervalued" for some reason.
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.
copper member
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
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$.

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.
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
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$.
full member
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I am not sure if LTC can breaks $100 barrier in a short time but could happen in the next altcoin season which we don't know when. If you believe LTC can increase, you should hold until the price rise. If you bought LTC when the price $39, you are now make a nice profit. But if you want more profit, you should hold it for more although we don't know how long you can hold. I have a feeling when Bitcoin can increase more than $100,000 in the next bull run, that can impact to altcoin including LTC so the price can be more than $100 again. But that is just my prediction and you should research for more.
copper member
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
You should have changed to another altcoins that holding this long because litecoin is not getting any better now and still falling each year .
Litecoin has struggled over the past year and this year so far, but there are signs that it could rise above $100 or more by the end of 2024. This two digit assets often see a boost since they’re seen as more attractive to buyers. In the past, Litecoin had more use cases, but now there are many other options that draw investors’ interest. Litecoin has its reasons for market downturns, but hopefully, we’ll see better results in the coming days.
\100$? that is not even 1/4 of the ATH lol .

It depends on the faith put into it, though, you are right that LTC wasn't that good for the recent time at least: however, as it was said, with the right developments and improvements it can be talked about more in the future and the community is not dead at all - LTC has the potential to be better in the future both market and technology wise.
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
You should have changed to another altcoins that holding this long because litecoin is not getting any better now and still falling each year .
Litecoin has struggled over the past year and this year so far, but there are signs that it could rise above $100 or more by the end of 2024. This two digit assets often see a boost since they’re seen as more attractive to buyers. In the past, Litecoin had more use cases, but now there are many other options that draw investors’ interest. Litecoin has its reasons for market downturns, but hopefully, we’ll see better results in the coming days.
\100$? that is not even 1/4 of the ATH lol .

legendary
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That's why i continued: "No one just wanted to develop them for free."
Ah, I understand your point better now, thanks for clarification.

Yes, these coins were of course mostly launched by miners with good CPU or GPU equipment, Litecoin included. And early miners indeed got rich, like Charlie Lee as the best example.

The fact that a coin like LTC could however sustain a good development pace, updating its code regularly to the newest Bitcoin features like Taproot, and with own features like MimbleWimble and Extension Blocks which aren't present on Bitcoin, shows that its general health is quite good.

What it misses is however currently to "score points" in the "attention economy" category. The Litecoin Foundation seems to spend some money to marketing but of course premined blockchains, where a lot of tokens were allocated to a "Foundation" or "Treasury" already at the start, are at a huge advantage in this point, because they have relatively freshly printed coins to distribute for marketing efforts. LTC's foundation is probably fueled by a few early adopters and some new donations.

I guess also the current price weakness (fall from about $100 to about $60-70) could have been partly caused not only by the Bitcoin weakness but also because of decrease in popularity of the Ordinals protocol, which was quite popular on LTC for some time and might have fueled some (irrational, because it's not really a good protocol) hope in early 2024.

So I would recommend the LTC community to focus on some new development in areas which can really benefit from the low transaction fees. Here I've recently proposed to port simple smart contracts (DLCs) to LTC. I also think a direct P2P on- and offramp solution in the style of Bisq (which doesn't support LTC<->Fiat afaik) would increase its attractivity.
legendary
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It was just a fair launch, but so many coins have fair launch.
Actually not many coins in the top-100 on Coingecko or CMC had a fair launch. The only ones are: Doge, LTC, XMR, and with a lot of good will Kaspa. I am tracking them in this list (updated irregularly), or directly in this Coingecko portfolio.
That's why i continued: "No one just wanted to develop them for free." Because as you know, before icos and tokens, there were mostly only PoW coins (Pos was in experimental phase). And by most of them just didn't go anywhere, because they were hobby projects without funding (or scams). And if we think that today's markets are too saturated with new tokens to form communities without money, i think that in early days, markets were saturated as well, but just for smaller group of people.

Even those TOP 100 coins that are fair launch, have rich developers, or some kind of treasury worth something, (excluding doge, as that doesn't even need development and marketing was community volunteering), so that they can hire developers or even marketing if they wanted to.
legendary
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This used to be the case. LTC reacted to bitcoin way more back in day, but here's a percentage comparison chart from tradingview, and that tells another story:
One can counter that argument with three reasons:

1) Bitcoin has had an exceptionally good early bull market these last two years. This can be probably attributed mainly to the US ETFs. Which are lacking at altcoins (with the exception of ETH, but on ETH they are another story, because of the "no staking allowed" problem which makes them less competitive)

2) As I already wrote in the last post, LTC tends to a "sleep in the early bull and then eventually explode" pattern. It is currently in the "sleeping phase", and of course we can't be sure that it will explode, but there's one thing for sure: it is still in a long term bull market if we consider "higher lows" to be the most important factor. Its "explosion" also occurred in altcoin seasons, and we haven't seen any of these (except some memecoin waves) since late 2022.

3) Already in the last bull market LTC performed a bit worse than Bitcoin. This is however not exclusive to LTC but to most other altcoins too. Those who survive a complete cycle in the top-50 (approximately) will very likely underperform compared to BTC in the last one. This even applies to the so much hyped Solana, which is still only at slightly over half of its ATH of $260.

And saying it's old sounds like it's the only good fundamental it has.
I agree about that, but the good fundamentals are the transaction count and the general very good-looking usage stats, see my last post.

It was just a fair launch, but so many coins have fair launch.
Actually not many coins in the top-100 on Coingecko or CMC had a fair launch. The only ones are: Doge, LTC, XMR, and with a lot of good will Kaspa. I am tracking them in this list (updated irregularly), or directly in this Coingecko portfolio.
legendary
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LTC is most likely going to follow bitcoin once bitcoin starts booming again.  Things are starting to look bullish again, and litecoin should be right there.  I'd even go as far to say litecoin will probably hit a new all time high.  Never underestimate these older coins and their staying power.
This used to be the case. LTC reacted to bitcoin way more back in day, but here's a percentage comparison chart from tradingview, and that tells another story:



And saying it's old sounds like it's the only good fundamental it has. Litecoin might hit ATH at some point, but for now, it's not reacting to bitcoin as it used to. I have nothing against it, and i sort of enjoy that founder dumped his LTC in top of a bull market. Best thing about it is that it didn't have ICO. It was just a fair launch, but so many coins have fair launch. No one just wanted to develop them for free.
legendary
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One thing I have observed about LTC is that it tends to grow quite explosively in altcoin seasons, but trade a bit "meh" in the rest of bull markets. This can be seen in the chart @Yamane_Keto posted before. It tends to really rise only when Bitcoin enters its final "euphoria" phase.

I can only speculate about a reason. Perhaps it loses in the "attention economy" in the early to mid bull market to premined coins with a higher marketing budget and more "hype potential". Then in the late bull market, when most of these coins are already overvalued (and their founders start to dump) people remind LTC.

It may also be the case that a BTC/USD increase, even if LTC/BTC is slightly declining like in the last months, helps to increase the LTC/USD price to a point where finally a significant higher high or another TA "milestone" is reached, and then the LTC price is able to "explode".

Of course we can't predict if such an "explosion" will again occur. Fundamentals look good however - LTC's transaction activity and also the active addresses are about a third to half of Bitcoin's and double those of 2023 even if the price hasn't moved much. See also these charts, where LTC captures a quite high share of many indicators - with the exception of market cap, hinting that it is "systemically undervalued" for some reason.

Just look at the case of Solana, which is newer than Litecoin, but Solana has a higher price than Litecoin and has more attention, even if it is because of the meme coins, which are mostly shitcoins.
Solana only looks that good because it lost 95% in the last bear market Grin So obviously those who bought at this bottom made good profits, but those who bought near the 2021 high lost much more than those who bought Bitcoin at $69000.
copper member
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We can't technically know exactly what will happen, but it is following bitcoin quite close. Which means, when bitcoin goes over 100k, then we can see LTC going over 100 dollars as well, not that impossible. I always believe that LTC is not given the attention it deserves, I believe that it should be fourth biggest cryptocurrency, and it deserves much higher marketcap but for some reason people are not interested in it too much, which is confusing.

I mean this is the second good coin we got after bitcoin was created, there were some terrible tries like namecoin and what not, but litecoin was the second ever to do a good job, so it should be around without a doubt. I hope it grows, and gets better ranking eventually as well.

As I've read and said, it's considered the BTC for a common man of sorts on their Reddit, so I do think it's worth investing in in the long run. I hope all the best will happen to the project.
legendary
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We can't technically know exactly what will happen, but it is following bitcoin quite close. Which means, when bitcoin goes over 100k, then we can see LTC going over 100 dollars as well, not that impossible. I always believe that LTC is not given the attention it deserves, I believe that it should be fourth biggest cryptocurrency, and it deserves much higher marketcap but for some reason people are not interested in it too much, which is confusing.

I mean this is the second good coin we got after bitcoin was created, there were some terrible tries like namecoin and what not, but litecoin was the second ever to do a good job, so it should be around without a doubt. I hope it grows, and gets better ranking eventually as well.
copper member
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Litecoin has struggled over the past year and this year so far, but there are signs that it could rise above $100 or more by the end of 2024. This two digit assets often see a boost since they’re seen as more attractive to buyers. In the past, Litecoin had more use cases, but now there are many other options that draw investors’ interest. Litecoin has its reasons for market downturns, but hopefully, we’ll see better results in the coming days.

Yep, LTC definitely has potential and a good community on Reddit which would help everybody who would ask something out, so there is that.
I wish this project a good future ahead.
hero member
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If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.
People must be expecting a lot about LTC to increase during the time BTC break a new ATH but it didn't happened, or LTC only rise some amounts. This is another scenario to say that other coins can change but BTC is still the same. $100k is too much for BTC, I mean only to tell if Litecoin will increase. Maybe we need BTC needs to hit $80k or so first, before it.

Yes, very possible.
LTC is like a silent worker that nobody sees how it works. It has been high last bull run of 2021 and I believe that it will still be able to surpass $100.
That's just an opinion and not a financial advice. But as long as there's a use case on it, a community that's already been mold by time.
If what you are saying is true then everybody will noticed it and it will still be a topic in the community whether the coin or its founders won't like it. There is nothing wrong with that anyway and they must be proud of it in fact because someone appreciates their improvement.

I think almost all projects likes that kind of recognition and it brings more hype to their project, making them earn good too if they keep a portion of their coins and treat it as their own investment. It had its ATH before but unfortunately, not many coins have returned on their past ATH, so I'm afraid that LTC can be one of them. Crypto is not all about money making after all and like you said as long as the utility is still there, the coin can remain, as there will also be people that will use it from time to time. Yes that's true that LTC never changes its volatility, so actually its price can also become stable.
sr. member
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Litecoin has struggled over the past year and this year so far, but there are signs that it could rise above $100 or more by the end of 2024. This two digit assets often see a boost since they’re seen as more attractive to buyers. In the past, Litecoin had more use cases, but now there are many other options that draw investors’ interest. Litecoin has its reasons for market downturns, but hopefully, we’ll see better results in the coming days.
copper member
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It may happen if BTC rallies and I think it totally will this bull run.
Thus, LTC can be considered as an investment option, though, with no expectation of a life change.
$200 would be good enough.
LTC price is $68 and $200 is 3 times the price, which is a likely scenario at the moment, while $180,000 is reasonable for bitcoin more than $200 for LTC.
If events change, then investing in litecoin will be better but for now the rise of litecoin is linked to the rise of bitcoin and to a lesser than bitcoin

LTC is considered a Bitcoin for a common man of sorts, but, yeah, less faith is put toward it than into the BTC. It's normal. People who have some skin in the game can try investing in it as well as in BTC.
hero member
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It may happen if BTC rallies and I think it totally will this bull run.
Thus, LTC can be considered as an investment option, though, with no expectation of a life change.
$200 would be good enough.
LTC price is $68 and $200 is 3 times the price, which is a likely scenario at the moment, while $180,000 is reasonable for bitcoin more than $200 for LTC.
If events change, then investing in litecoin will be better but for now the rise of litecoin is linked to the rise of bitcoin and to a lesser than bitcoin
copper member
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LTC is a good coin with low fees and broader use cases but there are many coins with the same use cases and lower fees which makes it an option among several cryptocurrencies and LTC halving happened before what happened to Bitcoin and a year passed but the price did not react as required which means that the only thing that will lead to LTC rising will be the rise in the price of Bitcoin and we may get $150 to $400 maximum.



It may happen if BTC rallies and I think it totally will this bull run.
Thus, LTC can be considered as an investment option, though, with no expectation of a life change.
$200 would be good enough.
hero member
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LTC is a good coin with low fees and broader use cases but there are many coins with the same use cases and lower fees which makes it an option among several cryptocurrencies and LTC halving happened before what happened to Bitcoin and a year passed but the price did not react as required which means that the only thing that will lead to LTC rising will be the rise in the price of Bitcoin and we may get $150 to $400 maximum.

copper member
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
You have done the most difficult thing already, you have held your litecoin after the crash and accumulated more of it for a good price, this is not really the moment to doubt yourself and sell your coins, because if you do, you would have wasted the perfect opportunity you have created for yourself, just hold a little bit longer and you will obtain the results that you have been looking for during the previous years.

I do agree. As it was said (because I didn't really invest into LTC nor I've read into it), LTC doesn't offer something new or game-changing, but as it was said on their Reddit:
Quote


Litecoin has its own identity, particularly as a faster and more cost-effective payment method, which makes it well-suited for everyday transactions.

Bitcoin, on the other hand, has cemented its role as a store of value and digital gold. Both have unique strengths, and instead of competing, they complement each other in the broader cryptocurrency ecosystem.

Litecoin, for me, is the people's coin. Bitcoin is more institutionalized.
hero member
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When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.
the performance of litecoin definitely decreases, I mean in the first place the coin is too obsolete technology wise, people like to seek new coin so old coin like litecoin will have less and less investor as the time goes, it's not worth investing to it anymore, better settle with newer coin just for the sake of chasing the capital.

BTC priced more than previous ATH where litecoin not even reaching a quarter of 2021's price is crazy, it's a sign of dying asset. though I might be too overreacting. if I were OP i wouldn't bet on underperforming asset like litecoin and migrate over to better coin with better future prospect.
sr. member
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
If the Bitcoin market gains a better position then LTC will certainly take a better position.  We saw the LTC market peak in 2021 at $413.  Dumping from here, the market is currently sitting at $70.  You may have said $60 will remain stable since you said till now but it has increased like $10 then you understand that if the market is pumping then LTC will not be in a dumping state it will definitely be pumping.  You can expect to cross $100 soon.
legendary
Activity: 2716
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
You have done the most difficult thing already, you have held your litecoin after the crash and accumulated more of it for a good price, this is not really the moment to doubt yourself and sell your coins, because if you do, you would have wasted the perfect opportunity you have created for yourself, just hold a little bit longer and you will obtain the results that you have been looking for during the previous years.
legendary
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LTC is most likely going to follow bitcoin once bitcoin starts booming again.  Things are starting to look bullish again, and litecoin should be right there.  I'd even go as far to say litecoin will probably hit a new all time high.  Never underestimate these older coins and their staying power.
legendary
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When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.

This happens because new altcoins are constantly appearing and people are selling their old altcoins to buy new altcoins. Just look at the case of Solana, which is newer than Litecoin, but Solana has a higher price than Litecoin and has more attention, even if it is because of the meme coins, which are mostly shitcoins. While Litecoin doesn't have much to offer, I personally don't buy altcoins for the long term. I always prefer to buy Bitcoin and HODL it for many years, because it is more reliable.





and the BTC - LTC chart and as you can see, LTC is falling every year that passes, it is no longer worth buying LTC. It is better to buy bitcoin which still has room to rise 2x or even 4x
hero member
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i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
Yes, very possible.
LTC is like a silent worker that nobody sees how it works. It has been high last bull run of 2021 and I believe that it will still be able to surpass $100.
That's just an opinion and not a financial advice. But as long as there's a use case on it, a community that's already been mold by time.
LTC will remain to be one of the most known altcoins in the market although dropping its rank because of the market cap, but that's just it. LTC follows BTC's movement so, the chances are pretty good for that price range that you're thinking of seeing it will go. It won't stay on $60-$70 forever as it never changes with its volatility too. The attention might not be on its center but historically, there's still a sense with LTC.
legendary
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When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.
jr. member
Activity: 81
Merit: 2
i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
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