Litecoin prices surged nearly 70% yesterday, ending months of stagnant market activity. According to the data, most of the trading has taken place on Poloniex, OKCoin and Huobi. As of today, Litecoin 24 hour volume is greater than Ethereum by nearly 20%.
Some say this is due to the efforts to integrate segregated witness (segwit) with Litecoin. Others say that traders are simply chasing possible gains in the altcoin markets.
What is your opinion on this? Do you think both Bitcoin and Litecoin will get segwit integration? How will this affect their prices? Which one will get segwit integration first: Bitcoin or Litecoin?
This is a no contest LTC is very close to activate segwit this is a matter of at most one or two weeks in my opinion and it is very obvious the price of LTC is going to grow simply because the users are very optimistic about this new development in the coin and I will be honest I’m excited too to see how segwit performs.
With the faster block than bitcoin My guess you just see a little perform by segwit itself. Segwit to solving the scalability problem. And improving the blocksize.
The segwit of ltc is about the hype for the litecoin market itself. In this time the price of litecoin is $13.
In my opinion, we are near to 1 billion market cap.
1 billion is real for litecoin. Segwit in litecoin is not about the scalability but it's about to attract a new hype or demand to follow litecoin market.
