Litecoin is due for a big break

[len01]

the advantage of LTC that i am seeing is that it is available in most trading platforms. this is why the access for this old alt is quite easy for a lot of traders, and combined with low fee and fast confirmations, that makes this coin still attractive to a lot of crypto users. yes, there are a lot of new coins offering the same features, however, some of them are hard to find in top trading platforms. what i would like to know is if there are active developments with LTC. this is where people are seemingly deprive of the actual status of what's going on with LTC. so i can't say about having a big break in the market.

actually LTC doesn't get a strong push to reach new ATH every time the bullish season arrives, it's all because LTC has not had any developments until this year. whereas there are big investors out there waiting for the LTC development team to make interesting changes that seem to have high value in the future.
maybe currently LTC is only underestimated by some investors and is only used for transactions and trading, but one day if the LTC development team wants to advance the coin LTC will be a good asset for the long term

[Cryptomiles1]

From all clear indication you perfectly right most times i wonder if the project has nothing to do about their price increase, over the years i have seen Litecoin to be one of the best currency then and i was holding for long but due to the price not being appreciated i have to trade all to Bitcoin and other favorable altcoin there.
I think is time for them to focus on the development, follows by marketing or possibly rebranding.

[NicNacCoin]

It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.

Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.

It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.

Litecoin is one of the ALT coins. It is one of the oldest coins. We have been using this coin along with Bitcoin.It certainly occupies a good position if we all can definitely assess it without underestimating it But if we don't underestimate it, if we hold it for a long time, we can certainly take its price to a very high level at some point.

[ethereumhunter]

I think Litecoin still has a chance to go higher, but I'm still unsure if the price can reach the last ATH year. It will need more big pumps to lift the price to the last ATH and even create a new ATH.

With the price now at $51, it gives us the opportunity to buy more as the price drops drastically. And before bitcoin gets another pump, Litecoin could be an investment option for us to hold onto for a while.

[Ayers]

It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.

Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.

It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.

silver bitcoin, this is a good coin to use but if you hold them for profit it is probably not a smart choice. honestly, litecoin is also very good but sadly it doesn't have any noticeable hype, possibly due to the strong competition again of new altcoins. today's new altcoins in addition to more advanced technology can say their marketing is too good, their hype always attracts investors. it's hard to find any reason for LTC to explode in the future, they don't have any major updates or special changes to compete with new altcoins

[BitcoinBarrel]

I seem to believe in all of your opinions but have exceptions about the part you said Litecoin is the most accepted crypto. That is not true. That honor alone belongs to bitcoin alone

Yes I agree, I should have mentioned most accepted *after Bitcoin 

[Bitstar_coin]

The fact that It didn't attain a new all time high in the recent bull market speaks volumes. Perhaps the emergence of lots of POS coins like BNB, AVAX, MATIC, LUNA led to traders abandoning most of the old solid projects in order not to miss out on the hype and possibilities of abnormal profits.

I think it will slowly sink down the marketcap just like DASH, XMR, ZEC etc

I think the major problem with old coins like ltc is no reasonable utility beside PoW, not just traders but investors as well do not find them profitable enough to buy and hold anymore. Like you said, with time, this coin will probably slowly fade away, it is really a shame to see how these old and solid coins are being abandoned for new ones. I thought decentralization was an important factor!

[bitzizzix]

Litecoin is one of the oldest cryptocurrencies out there, and has always positioned itself as silver alongside bitcoin gold.
and one of the best features of litecoin is its low gas cost so it is bought and used to transfer crypto between exchanges and between crypto wallets, so it has a legitimate use case and is also the oldest and still trustworthy coin for the future.
I'm not panicking about the state of altcoins right now because it definitely goes up if bitcoin goes up and I think it's a good time to buy it even though I prioritize bitcoin but I'm also buying it bit by bit on litecoin, and holding it for the long term.

[zasad@]

I just wonder why this coin has not made any noise this past few years and maybe because they cannot seem to find any partners to make their coins more usable or have some number of utilities for it to be used. sadly this is not the case for Litecoins and it remained underrated for the past years since they don't have working developments or some updates to further escalate the number of people using it. What they really need to do nowadays is to make partnerships with some top coin owners or businesses in order not to be left behind and LTC price will only depend on bitcoins price nowadays which is not recommendable for investment.

There was a lot of news about Litecoin and this ecosystem is constantly evolving.
Last news
https://www.crypto-news-flash.com/bitcoin-and-litecoin-coming-to-stellar-lumens-network-with-sep-6-transfer-service/
Bitcoin and Litecoin coming to Stellar Lumens network with SEP-6 transfer service
"Coinqvest surfaces as the Tier SEP-6 transfer server on the Stellar Network.
Investors can support Stellar in building rich liquidity for Coinqvest."
Litecoin does not have a convenient service for working with stablecoins, so a huge number of transactions are observed in the Tron ecosystem.

[Yogee]

It's just regretful that it cannot be noticed anymore.
Many investors are busy looking for something new that would enhance their profits in faster way than for a long and secure shot.
BNB, Staking coins, NFTs, etcetera.
They are even avoiding Bitcoin so it becomes more of a problem for Litecoin to be seen in the spotlight, unlike in the old days. That big break will be a long shot and near impossible.

I read some blogs about how POW algo coins are becoming scarcer since Ethereum switched to POS. LTC may have a chance of a comeback if investors would gamble on scarcity alone. It's cheaper than BTC so maybe they will take a shot but some of them may choose ETHW instead.

[Baofeng]

It's just regretful that it cannot be noticed anymore.
Many investors are busy looking for something new that would enhance their profits in faster way than for a long and secure shot.
BNB, Staking coins, NFTs, etcetera.
They are even avoiding Bitcoin so it becomes more of a problem for Litecoin to be seen in the spotlight, unlike in the old days. That big break will be a long shot and near impossible.

True, it didn't get the recognition that it deserved, LTC has been a friend of gamblers as well, because it's very cheap and super fast transaction. I remember when BTC and ETC have problems with the deposit and fees are high. So I switch to LTC and it did great for me and so are for the other gamblers are well.

Unfortunately, the whole crypto space have been moving a lot lately, and now the hype is on NFT, Metaverse, the whole staking game and others. But if they can look at LTC right now and throw in some investment, for sure they won't regret it.

[el kaka22]

I have been waiting for LTC to go back into top 10 for a while now, and I believe it does belong there as well. If you do not consider the stablecoins, right now 1 is btc, 2 is eth, 3 is bnb, and I honestly believe ltc should be 4 behind them, with stablecoins spread between them of course. Why it hasn't been there? Why it has been out of top 20 even, I do not know because it is really a good one.

First of all, it has been around for longer than a decade, not many projects can survive that long, that alone should give you a good reason to buy, secondly it gets a lot of improvements and constantly gets new features, which should be another reason. It’s really a good one for sure.

[Silberman]

I have been waiting for LTC to go back into top 10 for a while now, and I believe it does belong there as well. If you do not consider the stablecoins, right now 1 is btc, 2 is eth, 3 is bnb, and I honestly believe ltc should be 4 behind them, with stablecoins spread between them of course. Why it hasn't been there? Why it has been out of top 20 even, I do not know because it is really a good one.

First of all, it has been around for longer than a decade, not many projects can survive that long, that alone should give you a good reason to buy, secondly it gets a lot of improvements and constantly gets new features, which should be another reason. It’s really a good one for sure.

I think the age of litecoin is playing against it, we know that people let themselves influenced by the newest trend in the market and with the exception of bitcoin POW coins are not really popular now, so while litecoin was a good project I think it no longer captures the imagination of people anymore, and in that case its growth will always be limited as people will prefer to invest in projects they think have more potential to grow than litecoin.

[Ararbermas]

It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.

Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.

It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.

many users have trust when it comes litecoin because it seems not really affected everytime there's a worst scenario in the market and yes last it still has very cheap fees and reliable for making transactions.. Actually many projects already dead but this one still alive and very useful.. Lol so no doubts if someday litecoin become one of the trusted altcoin in the market.

[vv181]

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

MimbleWimble is a significant update for Litecoin, and I think it gives a huge impact on the ecosystem. Having privacy technologies built-in into the system is surely a good way of project development, noting how the current perception of a "tainted" or "bad" coin, nevertheless, it might have less effect if we talking about the worst-case scenario since the way of a private transaction is optional or opt-in. Not fully private on the blockchain, like Monero.

But, the recent progress development should indicate that there is a demand within the community so the ecosystem keep improving.

[Joshapat]

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

Old projects such as litecoin will certainly be difficult to develop, of course this is also common in old coins such as dash, EOS, Monero, Waves, etc. So if we pay attention, the old coins decrease and have difficulty competing with new projects.

[JeffBrad12]

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

The development is still in progress and some already posted by litecoin official twitter account https://twitter.com/litecoin
It seems like that this time the development of litecoin is focusing into the massive adoption. I saw that if walmart was interesting to accept litecoin to give an alternative crypto payment to the its customers. this sounds good for me but im not sure this has been giving impact to the price of litecoin.

[bounceback]

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

The development is still in progress and some already posted by litecoin official twitter account https://twitter.com/litecoin
It seems like that this time the development of litecoin is focusing into the massive adoption. I saw that if walmart was interesting to accept litecoin to give an alternative crypto payment to the its customers. this sounds good for me but im not sure this has been giving impact to the price of litecoin.

So far Litecoin developers are still active to continue to develop but unfortunately at this time many investors are not too interested in investing with old coins like Litecoin so that although it recently announced that the Walmart company wants to adopt Litecoin but the news does not have a positive impact on price movements, Litecoin is one of the potential altcoins and there is still a possibility that its price will rise significantly when the bull market comes.

[bluebit25]

Personally, I don't have too many trades related to LTC, but I accept the fact that trading is happy with it. However, I don't have too much faith in holding it for the long term, because it's basically not on my favorites list. But with LTC, we have all seen the strength that this coin has in this market, and it is not surprising that each different trend is interesting to people in their own ways.

[Bitstar_coin]

I have been waiting for LTC to go back into top 10 for a while now, and I believe it does belong there as well. If you do not consider the stablecoins, right now 1 is btc, 2 is eth, 3 is bnb, and I honestly believe ltc should be 4 behind them, with stablecoins spread between them of course. Why it hasn't been there? Why it has been out of top 20 even, I do not know because it is really a good one.

First of all, it has been around for longer than a decade, not many projects can survive that long, that alone should give you a good reason to buy, secondly it gets a lot of improvements and constantly gets new features, which should be another reason. It’s really a good one for sure.

The only reason why investors buy and hold coins is for profit, btc always gives good profit in any condition, the same can be said for eth, bnb but am not sure about ltc, it is an old coin that has been around more than a decade but is that really enough? If you ask me, i don't really see the worth of ltc in terms of utility besides cheap transaction fees, is there any other utility it has that will generate demand?
Maybe am limited to ltc utility, perhaps it has more usage than I understand.
What I do know is a lot of improvement has gone into the crypto space, investors want more than just the span of time a coin exits, and many projects are web3 support moving with constant innovations, the reason why most of these old projects will slowly fade away when they can not keep up with new innovations since they are not designed that way.