Litecoin vs binance Coin

[shogun47]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

They both have pros and cons. Personally I'm using litecoin whenever I need a transaction where the fees are low because probably I will send big amount of money but for quick transaction, if I had to use the other payment method then I would have received the coins much longer than using litecoin. I would prefer using altcoin for this kind of thing.

Binance coin is good for investment since it's based on working products and it's well known to the community so the prospect and potential is there. So, you can do whatever you want with that.

I have seen a lot of comparisons on this forum between coins that made absolutely zero sense, but comparing Litecoin to Binance Coin is probably the number one zero sense making comparison I have ever seen. What the heck are you comparing here? What is even the point asking for Litecoin vs. Binance Coin? They are completely different and have literally nothing in common that you could / should compare except for the fact that you could use both to send value from A to B. Binance Coin represent an operational business, its underlying is a crypto business empire. No need to explain what Litecoin is I guess. 

[irixo10]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

What keeps most coins ahead of others is the level of improvements and developments the team have done, are doing and will do, this will attract more investors to it hence leading to more market cap which then will make the coin overtake another on coinmarketcap.
Starting with Binance, we have seen the level of commitment within the team thus the developments they have done over the years, also currently they have developed an NFT marketplace which will make them to be in line with what's happening in the crypto space which of course will lead to more growth of BNB coin. Also, don't forget there is an outstanding DEX exchange on Binance Smart Chain.
Now in the case of Litecoin, how much of a development have we seen recently, how much of what the team are working on have we seen recently as well? There is no doubt, Litecoin is one of the prominent good old coins, but the team needs to step up their game in order to attract more users, Investors and of course more growth.
Therefore in my opinion, Litecoin will find it hard overtaking Binance again, because Binance team are are not slowing down anytime soon.

[wxa7115]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

Anything can happen in this market, since the binance coin was created by an exchange the biggest danger they are facing is if a centralized entity like a government takes a very harsh stance against them and we see the exchange being closed forcefully, in that scenario the price of their coin will plummet and litecoin will go above it.

However this is the only way I see litecoin overtaking the binance coin as over the years litecoin has been losing popularity and I do not see it recovering it anytime soon.

[stomachgrowls]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

Anything can happen in this market, since the binance coin was created by an exchange the biggest danger they are facing is if a centralized entity like a government takes a very harsh stance against them and we see the exchange being closed forcefully, in that scenario the price of their coin will plummet and litecoin will go above it.

However this is the only way I see litecoin overtaking the binance coin as over the years litecoin has been losing popularity and I do not see it recovering it anytime soon.

Nothing do last forever but basing or seeing on how Binance dominating the market then its really hard to tell for it to fail in a short years of time.We cant tell since there would be no assurance and as said in your one of the

possible situations  that they might faced up when it comes to regulation then it could be possibly be. Complying rules or laws is something that contradicts decentralization but talking about Binance coin or simply BNB

which does have that smart chain thing then i cant really deny that this one is also considerable in terms of tech and utility.Litecoin is good but it didnt really get that much attention which it isnt surprising

but both are really that capable on what we are expecting for a coin to have.

[jostorres]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

Binance and Litecoin's platform is very different, for the price issue okay I think Litecoin can compete with Binance. but for other issues such as the binance platform is clearly superior to litecoin and currently litecoin has not been able to overtake binance

Price is nowhere near the same, marketcap of litecoin is nearly 15% of binancemarketcap, that means that it needs to grow over x5 to reach to where binance is right now. I do not think that making an investment on litecoin right now will not be a great investment.

I could see a situation where bnb increases a lot earlier and you could sell that when it peaks and invest into litecoin afterwards to make some money, because lower level coins go up a lot later usually unless they have some individual success but I do not see any individual success with litecoin so they will go up only when the market goes up and binance could have an individual success, so you could take advantage of that. Otherwise there is really nothing you could do to make profit from litecoin more than you could do with binance, it is just not comparable when you look at their prices.

[FlamingFingers]

Ever since Charles Lee had sold litecoin, litecoin has not been what it used to be as compared to before, initially litecoin ought to be among top 5, or in worst scenario top 10 in coinmarketcap due to strong fundamentals, but it's not giving up to the expectations, binance coin on the other hand has an exchange and an active founder who do all his possible best to make sure that it gets to the peak, I would not want to compare ltc and bnb because, currently bnb is way ahead of ltc

[sana54210]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

I honestly do not see any possibility for Litecoin to pass binance ever again. Litecoin is 13th right now, it literally went outside of top 10 list which is basically what you need to know about litecoin and the direction it is taking right now. In comparison BNB managed to actually get to third position this year, that should basically tell you the direction for that.

So basically, we are going to see BNB keep growing more and more, while we will keep seeing litecoin to drop more and more, even during bull runs litecoin will not go up as much as others hence dropping in ranking while increasing in price, that happened in 2021, when it was going up, everything was going up 50% while litecoin went up 30% and so each time there was an increase and that caused its rank to fall. I honestly believe that you could sell your ltc now and buy bnb and get a better chance of profiting.

[NewRanger]

Ever since Charles Lee had sold litecoin, litecoin has not been what it used to be as compared to before, initially litecoin ought to be among top 5, or in worst scenario top 10 in coinmarketcap due to strong fundamentals, but it's not giving up to the expectations, binance coin on the other hand has an exchange and an active founder who do all his possible best to make sure that it gets to the peak, I would not want to compare ltc and bnb because, currently bnb is way ahead of ltc

binance could developt its utility by building various feature in it is exchanges or in blockchain platform. Not only compared to ltecoin but to another project , binance maybe the only project that build all cryptocurrency need all community know it and no need to compare each other.

I honestly do not see any possibility for Litecoin to pass binance ever again. Litecoin is 13th right now, it literally went outside of top 10 list which is basically what you need to know about litecoin and the direction it is taking right now. In comparison BNB managed to actually get to third position this year, that should basically tell you the direction for that.

litecoin developers need to do  extraordinary effort to make this project better and better again so could be the solution for cryptocurrency market problem. We face several problem now in market  ; network traffic , scalability and gas fee so if litecoin could handle this probelm well , i am sure it will be good for litecoin future

[shinratensei_]

Litecoin has better progress than Binance, but as long as Binance is superior to Litecoin, then of course Litecoin will never be able to beat Binance, because people definitely prefer to invest in Binance than Litecoin (including me), especially at this time maximum supply from Binance is already less,

The reality was saying the opposite thing dude. The litecoin has less supply than binance but this is not about supply. people wanna buy caused by the usefulness of the coin and it's not about it has small supply of coins.
These days people are very smart. they are buying the coin based on what kind usability and advantage that they can take it from the coin.
Just wanna see those litecoin supporters will still say if it's silver lol.

[BuNga_cute]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

I honestly do not see any possibility for Litecoin to pass binance ever again. Litecoin is 13th right now, it literally went outside of top 10 list which is basically what you need to know about litecoin and the direction it is taking right now. In comparison BNB managed to actually get to third position this year, that should basically tell you the direction for that.

So basically, we are going to see BNB keep growing more and more, while we will keep seeing litecoin to drop more and more, even during bull runs litecoin will not go up as much as others hence dropping in ranking while increasing in price, that happened in 2021, when it was going up, everything was going up 50% while litecoin went up 30% and so each time there was an increase and that caused its rank to fall. I honestly believe that you could sell your ltc now and buy bnb and get a better chance of profiting.

Actually, the BNB and LTC ranking positions on coinmarketcap have explained everything, BNB experienced a significant increase compared to LTC
not without reason. BNB according to have a clear function compared to LTC, therefore people prefer to invest in BNB. Moreover, the BNB team is
very active on social media, this is what makes BNB's popularity increase and begin to gain the trust of many people. I agree that if we still have
LTC we should sell and buy BNB which does have a brighter future. For now LTC is not a commensurate competitor with BNB, maybe only ETH can
compete with BNB for now.

[AliMan]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

That's a very impossible thing to happen, and if you compare litecoin with binance achievement right now they're totall different. Bnb coins itself has their own bsc network which actually having strong dedication that caters different project right now. While, litecoin remains only a trading asset which relied only with holders and investors, so it wouldn't overtake binance coin.

[coin-investor]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

I don't think they can, Binance has a good platform and almost everyone here in the community is trading on Binance, they have a token creation, they have an exchange they have their own chain and they have billions of capitalization, everything you are looking for a coin is all on Binance coin and it's only a matter of time before they $1000 dollar so continue buying Binance.

[Bitcoinjheta]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

In my humble opinion Litecoin cannot overtake Binance coin in a long run now that these coin has a good foundation into the cryptospace where most of the project on the bounty thread are using the binance smart chain(BSC) address because of having low transaction fees on there exchange which has greatly advantage to other exchange fees rather.

[Tellek Garing]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

Nope i think. Because litecoin is quitely old coin and the development and the marketing strategy of this coin is slower compared to BNB. BNB age is under 5 years but the hype and the community is going crazy. i'm sure it also backed up from whales from china and become the biggest exchange right now. Many features launched such as futures and margin trade which is really big right now. So if there will be more exciting features from binance in the future, it will more become popular and no chance litecoin will overtake it.

Litecoin isba good coin, binance coin is alsoa good coin, I do not like to compare, but I am asked to take one, I will take binance coin, the reason is that binance coin support many tokens just like ethereum, litecoin is just like an old old that do jot develop smart contract when smart contract is helping ethereum and binance coin now.

[nomenclatur]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

seeing Litecoin getting more and more enthusiasts and it has really helped make the price higher if Litecoin made a great increase then it's a surprise if Litecoin catches up to Binance Coin so far the price difference is still too far to take it long to align with Binance Coin price don't ever hesitate to buy Litecoin because the price is very fast to recover.

[$anounimus$]

seeing Litecoin getting more and more enthusiasts and it has really helped make the price higher if Litecoin made a great increase then it's a surprise if Litecoin catches up to Binance Coin so far the price difference is still too far to take it long to align with Binance Coin price don't ever hesitate to buy Litecoin because the price is very fast to recover.

Litecoin is an old coin that is already very well known in the crypto space, so the possibility of chasing Binance coin is very open although not very easy, because Litecoin also needs some development and good news for it to be able to compete with Binance coin in the future.

[slaman29]

Nope i think. Because litecoin is quitely old coin and the development and the marketing strategy of this coin is slower compared to BNB. BNB age is under 5 years but the hype and the community is going crazy. i'm sure it also backed up from whales from china and become the biggest exchange right now. Many features launched such as futures and margin trade which is really big right now. So if there will be more exciting features from binance in the future, it will more become popular and no chance litecoin will overtake it.

Litecoin has no marketing strategy. Its own creator gave it up, or rather, gave up all his holdings also precisely so that the wouldn't be able to influence the price with any kind of marketing. All he does is continue to part time develop it.

You can't compare marketing for a decentralized coin like LTC to a pure company loyalty point like BNB man. By default decentralized coins have no marketing.

[blue_nexus15]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

I think in comparison, BNB has a huge advantage, even if they just launched BSC earlier this year, popularity, low gas, speed, friendliness, defi compatibility and good cross-chain support . These are the characteristics that I think BNB will continue to thrive in the future. Accompanied by the effect of quarterly combustion. The supply deficit will push the price of BNB very high

[Botnake]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

Not at the current stage, I did not see any big development of Litecoin while Binance has a lot of big development, the reason why investors are still putting their trust in BNB. We can't make a conclusion now as we don't know what would happen in the future, but if you will weigh them now, the potential to succeed more is for the BNB.

[Renampun]

There are currently many coins in cryptocurrency, including light coins and binance coins. But now Binance Coin is take very good position than litecoin. Can you think litecoin  also overtake binance.

I don't think it will anymore, Litecoin can no longer shift the position of Binance Coin on the market cap...

Binance coin transactions are almost the same as ethereum and that makes the price very volatile like ethereum and bitcoin. defi projects and nft games make binance coin transactions increase sharply.