Will 2021 be the year of Litecoin?

[Abiky]

Litecoin has been under the radar these days as all of the attention is on "De-Fi" apps and stablecoins. Both Bitcoin and Ethereum have enjoyed steady gains since the advent of COVID-19. But Litecoin has been often "overlooked" by many investors and traders alike. The development team has proposed a nifty privacy feature called "Mimblewimble" for the Litecoin blockchain, yet it's price is relatively the same or lower than it was before. It's quite surprising to see this since Litecoin is a scarce cryptocurrency like Bitcoin with only 84 million coins that will ever be mined. Maybe if Mimblewimble is released next year, Litecoin will perform better on the market?

Do you think 2021 will be the year of Litecoin? Will it have it a higher price by the next halving? Or will everything remain the same? Your input will be greatly appreciated. Thanks in advance.

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[erikoy]

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

[meanwords]

As far as I know, there's just not enough development going on in Litecoin. The developer said that development is still continued but Litecoin has always been silent. I can only see Litecoin having higher price when Bitcoin pumps as almost all reputable altcoins do.

[Billo_]

Litecoin is not a dangerous coin but has always been a cheap chest of Bitcoin, not a real necessary coin but it was very early launched and gained few attention.

[mandor]

indeed Litecoin has been forgotten lately and so far investors or traders have focused on Bitcoin and Ethereum. we know that Litecoin is a good coin and during this pandemic Litecoin was not an appropriate investment. I don't know why this coin doesn't get much attention from traders maybe because it's too risky. we don't know what will happen in years 2021 and it is not necessarily a good year for Litecoin because as many competitors like XRP or Chainlink.

[ancafe]

it depends on the "Mimblewimble" feature itself. if these features are able to attract people to use LTC, while the number is limited, then a high increase is certain. it's just that, we know that the development of popular coins is also quite attractive to investors for now. well, the comparison is still 50:50. but LTC has a chance.

[Warkop]

The LTC that I see is the oldest Altcoin among other Altcoins, from the past until now it hasn't looked good because the developer only focuses on one point and doesn't think about the next step, but it all depends on how the LTC developer provides new steps, like the one You said above, they will use the Mimblewimble feature, if so I'm sure LTC will be better in 2021, but if the developer is silent like that, it will be bad for LTC because many new Altcoins offer great features for all their investors.

[Kunnu]

I believe Mimblewimble feature may leave positive impact on Litecoin and I hope that Litecoin developers will have more development plans which they will present in near future because it's necessary for them to bring something effective, competitions are getting though and the developers of ltc wouldn't see their coin on oblivion way.

[Convery]

Chris Haroun says in his MBA courses, when the CEO of the company leave, then the ship begins to sink. Since Charley Lee sold all of his Litecoins, price of Litecoin lost around 80-90% of its value and I wouldn't be so sure that Litecoin will recover from this loss.

[hrunya102]

This event will add to the popularity of litecoin, but I don't think it will be anything big, LTC has always grown with the market and did not stand out.

[jdnthny]

I have a huge trust and faith to litecoin knowing how good, resilient and stable this coin for many years now and still manage to be part of the top ranked token/coin in the market. I think and looking forward that 2021 is a good year for all the cryptos and most especially litecoin token.

[JCviggen]

they try to use whatever they can find to make it seem that they are still relevant at the market, but we all understood long time ago that LTC is not a promising coin

[tsaroz]

I don't think litecoin would have any future. They have slowly slipped out of the spotlight and are being forgotten by everyone. They once were quite popular as an alternative coin to transfer bitcoin between exchanges but there are much better options and stable coins now. They are not anymore the favorite pair for grid trading as they are just decreasing in comparison to bitcoin. With it's lead developer out from the project, it's development is nearly stagnant and miners too seem to be looking for alternatives.

[BitTraderCute]

as top coinmarketcap litecoin have lowest growth in this year although this year litecoin have main event halving . many people predicted after halving litecoin price will growth alot . investors look like find new opportunity from new coins they expected high return by join in IEO or ICO, i see many project rise extremely while traded in market.

[Anonylz]

Why specifically litecoin, I read many analyst making predictions about 2021 to be the year of next bull run, perhaps not only litecoin will experience an increase in price 2021 other coins will also be affected positively, although am not such a fan of ltc, I don't really see its potentials.

[Oasisman]

Do you think 2021 will be the year of Litecoin? Will it have it a higher price by the next halving?

LTC is one of the oldest coin in the crypto market and we've seen enough how this coin has been following Btc's price trend. The Mimblewimble might be the only reason for now for LTC to make a good run in 2021, but that's not automatic, since market competition and developments from other network competitors are consistent as well.
Nevertheless, Btc will have a huge chance for a bullrun next year, might as well LTC will follow suit. So, I might say LTC will have a good price in 2021.

[foxy]

I do hold a few LTC but, sadly not much is happening with LTC lately. I hope that LTC will once again show us a crazy run as it did back in 2017 and 2019. LTC made lots of millionaires during those two years.

[Hypnosis00]

Litecoin is existed for quite long, one of the top listed altcoins in the market and we could think that there is a time for it grows. Investors still considering Litecoin for long-term investment, it actually has the gaining potentials that traders and investors must have to look into it.

The cryptocurrency litecoin is often referred to as the silver to bitcoin’s gold. This year, litecoin investors might have been better off staying in the analog world: While bitcoin has gained twice as much as gold, litecoin has barely kept up with silver.

https://www.coindesk.com/litecoin-gets-bullish-speculation-at-last-as-upgrade-approaches

Experts make this speculation as they saw the possible inclining trend due to the market surge and it was also the result of Defi projects development.

[NoG-NoG]

Knowing the potential of this litecoin I am optimistic that it will have its bull run very soon and hoping that 2021 will be a good year for this altcoin. Also, Let's hope for the good of all the coin/token so we can also prosper and gain more because of its good condition.

[Sanitough]

It's hard to tell if 2021 will be the years of Litecoin, I believe it will grow in time.
Ethereum has also struggled in the past two years IIRC but now it's been moving well, AFAIR, Litecoin were able to compete with Ethereum in the past in terms of price but that's how the market goes, no one stays at its ranking forever and sometimes a coin struggle but what is important is it will survive and will rise again.

Take Ethereum for example, it dropped many times between 2018 and 2019 and this year it only started at $100+ but now it's already trading at $400 and it looks like soon it will breached to $500. So it's really amazing how its moving so I believe it's also possible that Litecoin would grow at the right time as this coin also has a potential.