Litecoin is due for a big break

[cheezcarls]

In order to make it happen, they need to create a big hype like what Elon Musk did to the entire crypto market as BTC, ETH and DOGE soar to their ATH's back then respectively.

Since Charlie Lee has left and abandoned Litecoin, there must be somebody out there who has a very big influence like Elon Musk and has strong belief in Litecoin who can make this altcoin soar.

But the sad reality is that Litecoin is just another altcoin, as most of us are now focused on Bitcoin and Ethereum's prices to soar once again in the long run.

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[maydna]

I will happily wait for Litecoin to explode like last year, as I have already sold several Litecoins and made huge profits. Litecoin, one of the oldest coins besides bitcoin, still has the opportunity to rise again because the community still supports Litecoin so that it can get more investors. But I have no idea what the highest price Litecoin can reach is because it looks like the ATH price last year was very high while the current Litecoin price is falling hard.

[tygeade]

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.

Even if the walmart deal doesn't happen, which would be expected to be fair because if litecoin is on walmart that would be the unexpected result, then I would assume that it could still grow. As long as they are working on it, litecoin is a good project which will end up going as high as possible and stay at that high level as well.

Doesn't mean that it will be growing to a point where it's at top 5, I don't think it will get there but slowly it could creep back into top 20, top 15, and then eventually top 10 and it could stay at 10th place all I care because that would be good enough. People need to realize this is a long term project and doing well, just because it had a bad period doesn't mean it's bad.

[bitbollo]

from a certain point of view, LTC is a historical coin that has been able to conquer an important slice of the market in the crypto sector.

However, the price over the years has not had an exponential rise like that of bitcoin and has partly affected its spread.

Now the only problem with altcoins is that it is always possible that some "new" ones will arrive and supplant those already present.
At the end "bitcoin" is only 1, with certain characteristics that make it unique and not replaceable by no other altcoins....Conversely, this aspect is not present with any crypto. Likewise here with Litecoin.

[fullhdpixel]

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 based on the concept of silver version of bitcoin but unlike btc that is mainly being used for investing, litecoin is mainly being used for payment purposes or for gambling purposes due it's wider support and nature which like you said fast and cheap. Now that you know the difference between the two, don't be sad now.

Litecoin isn't being forgotten by the public, it's just that there are people who prefer to make fortune in crypto so they go for a better alternative and they think pump and dump coins can offer them a fast solution. They only need to be careful though because if their plan go wrong, it will also bust their money faster than they can imagine.

[GreatArkansas]

I am also curious if Litecoin will start to have a lot of transactions just like Bitcoin, is the transaction fee still guaranteed cheap compared with Bitcoin if the current traffic of the network is the same?
Speaking of this alternative coins use for payments, there are already lot of them beside Litecoin, that's why seems Litecoin is starting to fade as time goes by but this project is superb!

[Adbitco]

As a matter of fact, this litecoin has been most preferred altcoin in some of gambling site outside from bitcoin it was included before any other altcoin. Was as strong holder but all of a sudden the price fluctuations from its original price dip to what we can't really understand and I wondered if there were further plans to develop the project or something about its price. Why don't we see the price surges like other coin or can we believe it's a pump and dump project or does it mean since they have already made name they don't care about to further features.

[Jackl87]

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.

I don't know if Litecoin is really due for a massive pump. I agree though that it is a big and established project that is not just another stupid meme-coin and that it has an actual use case. That being said, if you compare litecoin to projects like Ethereum, Solana or Cosmos then it is also pretty obvious that the use-cases of Litecoin are pretty limited. You can send end receive and that is pretty much it. There is no smart contract functionality which means all of the big topics of the last 2 years like Defi and NFT's are not possible with Litecoin. I still think though that it should be valued higher than any of those stupid meme-coins.

[m2017]

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.

I have been hearing from various sources for a long time that LTC is very undervalued and has huge upside potential. Time passes, but I still have not seen any rapid growth of this coin. It would seem that LTC has a fairly wide distribution, fast transactions and low commissions, a large user base, fame and recognition, and many other advantages. But for some reason, the world still cannot appreciate all this. Something is still missing for LTC. Many hope for a further rise in the price of this altcoin, but so far they have not waited for this. Maybe someday it will happen, maybe not. Other projects have already appeared, the value of whose coins has long outgrown LTC, are very popular and are in no way inferior to it (like BNB). Therefore, I don’t even know if a coin is worth attention when there are better analogues. ycтyпaют 123 (вpoдe 123).

[MFahad]

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.

Yes I like Litecoin because of very low fee and acceptable in many website. It's prices so much down from ATH but still has potential to breakthrough and outperform the market. I used Ltc to transfer between exchanges because usdt fee is 1 while ltc withdraw fee only 10 cent.
There will be halving next year and hope it's price will move up before 2024.

[Tessyb]

Litecoin has indeed been relegated for a very long time. We used to see litecoin to be potentially viable and promising like bitcoin, but it hasn't lived up to this expectations. Maybe because of the developers or something I can't tell but I still hope that litecoin would some day become a force to be reckon with in the cryptocurrency market.

[virasog]

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.

No doubt litecoin is due for a big break but why only litecoin? Almost all of the good altcoins are very down on their support levels, and they would bounce back hard once the bitcoin recovers. I don't think this would happen anytime soon as we are still in a bear market and the bear market low is still pending.
Anyways Litecoin is a good coin and this is a good time to accumulate more of Litecoin at current prices.

[Nrcewker]

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.

No doubt that Litecoin is one of the oldest cryptocurrency present in the market. The marketcap of the coin is also big. Yes but somehow it’s not getting the recognition that it should get for which the demand line of the curve remains parallel and price thus doesn’t increases when other coins pumps. But thanks to it’s great stability for which many people use it for continuous altcoins transactions. We need to also thank the low fees as it’s best for sending multiple transactions.

[bittick]

The Era for litecoin has gone. people are still considering litecoin as a bitcoin brother but it seems like that if litecoin doesn't seem to get more unique users again. My first time to hear if litecoin accepted in more place than another crypto? any proof that was supporting that statement? i never such news before. it may be wrong. This time litecoin is not as fast as another first layer blockchain in the market. it needs only a few seconds to deliver the transaction unlike litecoin.

[Blawpaw]

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.

That is also my opinion. In fact, Litecoin was one of the first coins I mined alongside Bitcoin. I strongly believe we have hit the ground and some accumulation has been going on for some time. LLT needs to break the $63 barrier and when it happens he should take a High way on to at least $83. At least that is my viewpoint on the 3-day LTC\USD chart.

[Slow death]

i use litecoin since years, i use it a lot for transfers because it has low fee and is very fast in confirmation but i also use litecoin to day trade although it is more complicated to predict the price movement of litcoin, so i check the bitcoin price - usdt and then I will check the price of litecoin, this way I can day trade with litecoin, I read comments from some people saying that litecoin needs to be improved, I think litecoin is a currency, it already has a low fee and is fast in confirmations, what else do people want? do you want litecoin to become like ETH and so many other altcoins? i think litecoin is very good as it is currently

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.

these guys who keep putting bitcoin aside to put money in these shitcoins, then when they lose money they come here on the forum to complain, all people who love the money they have know that putting money in bitcoin is the best option, these other altcoins are unstable, the owners are greedy people who only create projects because they want money and when they already have money they are on twitter posting things and people are deceiving themselves that the team is working on the project, just because the team told them another lie. It's unbelievable how people still fall for these shitcoins

I agree with what you said. But they lagged behind in developing their projects and offering extra features.

but litecoin already has good features, it has low fee and fast confirmation, that's what a coin needs to have. when they put other extra resources then litecoin will already be like other altcoins

I think is time for them to focus on the development, follows by marketing or possibly rebranding.

Litecoin is a currency, I see no reason to rebrand or add too much unnecessary stuff. look at bitcoin for example

[Silberman]

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.

No doubt litecoin is due for a big break but why only litecoin? Almost all of the good altcoins are very down on their support levels, and they would bounce back hard once the bitcoin recovers. I don't think this would happen anytime soon as we are still in a bear market and the bear market low is still pending.
Anyways Litecoin is a good coin and this is a good time to accumulate more of Litecoin at current prices.

I do not know if litecoin is due to a big break, over the years it has lost its position as one of the top 10 coins in the market and I do not see how it is going to recover that position, especially as every single year new projects emerge and even if a great deal of them are useless there are a handful which are good and which eventually make it to the highest ranks in this market due to their innovation, while litecoin is little more than a bitcoin copy.

[TravelMug]

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.

No doubt litecoin is due for a big break but why only litecoin? Almost all of the good altcoins are very down on their support levels, and they would bounce back hard once the bitcoin recovers. I don't think this would happen anytime soon as we are still in a bear market and the bear market low is still pending.
Anyways Litecoin is a good coin and this is a good time to accumulate more of Litecoin at current prices.

for now Litecoin has not shown any improvement, its position is always defeated by new types of altcoins.  maybe the development team needs the support or cooperation of an organization in order to influence the increase in its trading volume

But just to be fair, we are in a bear market, so it's hard to see a break out run with anyone of this old projects such as Litecoin. Although remain to be solid, as it has been in the market for so long and has survived many cycles already.

But in order to have a break out run, we should be in the bull run, not in the bear market wherein the sentiments is very negative. And as you have said, there is no development, maybe just a couple here and there, but not enough to create more hype to bring more investors.

[Polkeins]

The Era for litecoin has gone. people are still considering litecoin as a bitcoin brother but it seems like that if litecoin doesn't seem to get more unique users again. My first time to hear if litecoin accepted in more place than another crypto? any proof that was supporting that statement? i never such news before. it may be wrong. This time litecoin is not as fast as another first layer blockchain in the market. it needs only a few seconds to deliver the transaction unlike litecoin.

The era of LTC has probably not really come yet.
We must not forget that this is a coin with a long history, very reliable, and if we see news about how some store starts accepting bitcoin, usually Litecoin is accepted along with BTC.

The reliability of the network is proved by the constantly growing hashrate, which, despite the price, is actually at the maximum 507.60 TH/s.
If I'm not mistaken 51% attacks did not happen with Litecoin either.


https://www.coinwarz.com/mining/litecoin/hashrate-chart

[CryptoYar]

for now Litecoin has not shown any improvement, its position is always defeated by new types of altcoins.  maybe the development team needs the support or cooperation of an organization in order to influence the increase in its trading volume

I don't think it needs any further improvement/ development it is already a complete payment system.

And the projects you are talking about still fail to reduce their transaction fees like ethereum. And some other have security issues, like solana.