will LTC finally have a good run and go over $100!

[wiivita]

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

[Charles-Tim]

When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.

[passwordnow]

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

Yes, very possible.
LTC is like a silent worker that nobody sees how it works. It has been high last bull run of 2021 and I believe that it will still be able to surpass $100.
That's just an opinion and not a financial advice. But as long as there's a use case on it, a community that's already been mold by time.
LTC will remain to be one of the most known altcoins in the market although dropping its rank because of the market cap, but that's just it. LTC follows BTC's movement so, the chances are pretty good for that price range that you're thinking of seeing it will go. It won't stay on $60-$70 forever as it never changes with its volatility too. The attention might not be on its center but historically, there's still a sense with LTC.

[Slow death]

When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.

This happens because new altcoins are constantly appearing and people are selling their old altcoins to buy new altcoins. Just look at the case of Solana, which is newer than Litecoin, but Solana has a higher price than Litecoin and has more attention, even if it is because of the meme coins, which are mostly shitcoins. While Litecoin doesn't have much to offer, I personally don't buy altcoins for the long term. I always prefer to buy Bitcoin and HODL it for many years, because it is more reliable.




and the BTC - LTC chart and as you can see, LTC is falling every year that passes, it is no longer worth buying LTC. It is better to buy bitcoin which still has room to rise 2x or even 4x

[wheelz1200]

LTC is most likely going to follow bitcoin once bitcoin starts booming again.  Things are starting to look bullish again, and litecoin should be right there.  I'd even go as far to say litecoin will probably hit a new all time high.  Never underestimate these older coins and their staying power.

[Silberman]

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

You have done the most difficult thing already, you have held your litecoin after the crash and accumulated more of it for a good price, this is not really the moment to doubt yourself and sell your coins, because if you do, you would have wasted the perfect opportunity you have created for yourself, just hold a little bit longer and you will obtain the results that you have been looking for during the previous years.

[NicNacCoin]

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

If the Bitcoin market gains a better position then LTC will certainly take a better position.  We saw the LTC market peak in 2021 at $413.  Dumping from here, the market is currently sitting at $70.  You may have said $60 will remain stable since you said till now but it has increased like $10 then you understand that if the market is pumping then LTC will not be in a dumping state it will definitely be pumping.  You can expect to cross $100 soon.

[X-ray]

When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.

the performance of litecoin definitely decreases, I mean in the first place the coin is too obsolete technology wise, people like to seek new coin so old coin like litecoin will have less and less investor as the time goes, it's not worth investing to it anymore, better settle with newer coin just for the sake of chasing the capital.

BTC priced more than previous ATH where litecoin not even reaching a quarter of 2021's price is crazy, it's a sign of dying asset. though I might be too overreacting. if I were OP i wouldn't bet on underperforming asset like litecoin and migrate over to better coin with better future prospect.

[fikrett]

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

You have done the most difficult thing already, you have held your litecoin after the crash and accumulated more of it for a good price, this is not really the moment to doubt yourself and sell your coins, because if you do, you would have wasted the perfect opportunity you have created for yourself, just hold a little bit longer and you will obtain the results that you have been looking for during the previous years.

I do agree. As it was said (because I didn't really invest into LTC nor I've read into it), LTC doesn't offer something new or game-changing, but as it was said on their Reddit:

Litecoin has its own identity, particularly as a faster and more cost-effective payment method, which makes it well-suited for everyday transactions.

Bitcoin, on the other hand, has cemented its role as a store of value and digital gold. Both have unique strengths, and instead of competing, they complement each other in the broader cryptocurrency ecosystem.

Litecoin, for me, is the people's coin. Bitcoin is more institutionalized.

[Yamane_Keto]

LTC is a good coin with low fees and broader use cases but there are many coins with the same use cases and lower fees which makes it an option among several cryptocurrencies and LTC halving happened before what happened to Bitcoin and a year passed but the price did not react as required which means that the only thing that will lead to LTC rising will be the rise in the price of Bitcoin and we may get $150 to $400 maximum.

[FortuneFollower]

LTC is a good coin with low fees and broader use cases but there are many coins with the same use cases and lower fees which makes it an option among several cryptocurrencies and LTC halving happened before what happened to Bitcoin and a year passed but the price did not react as required which means that the only thing that will lead to LTC rising will be the rise in the price of Bitcoin and we may get $150 to $400 maximum.

It may happen if BTC rallies and I think it totally will this bull run.
Thus, LTC can be considered as an investment option, though, with no expectation of a life change.
$200 would be good enough.

[Yamane_Keto]

It may happen if BTC rallies and I think it totally will this bull run.
Thus, LTC can be considered as an investment option, though, with no expectation of a life change.
$200 would be good enough.

LTC price is $68 and $200 is 3 times the price, which is a likely scenario at the moment, while $180,000 is reasonable for bitcoin more than $200 for LTC.
If events change, then investing in litecoin will be better but for now the rise of litecoin is linked to the rise of bitcoin and to a lesser than bitcoin

[FortuneFollower]

It may happen if BTC rallies and I think it totally will this bull run.
Thus, LTC can be considered as an investment option, though, with no expectation of a life change.
$200 would be good enough.

LTC price is $68 and $200 is 3 times the price, which is a likely scenario at the moment, while $180,000 is reasonable for bitcoin more than $200 for LTC.
If events change, then investing in litecoin will be better but for now the rise of litecoin is linked to the rise of bitcoin and to a lesser than bitcoin

LTC is considered a Bitcoin for a common man of sorts, but, yeah, less faith is put toward it than into the BTC. It's normal. People who have some skin in the game can try investing in it as well as in BTC.

[ibuddy122505]

Litecoin has struggled over the past year and this year so far, but there are signs that it could rise above $100 or more by the end of 2024. This two digit assets often see a boost since they’re seen as more attractive to buyers. In the past, Litecoin had more use cases, but now there are many other options that draw investors’ interest. Litecoin has its reasons for market downturns, but hopefully, we’ll see better results in the coming days.

[Webetcoins]

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.

People must be expecting a lot about LTC to increase during the time BTC break a new ATH but it didn't happened, or LTC only rise some amounts. This is another scenario to say that other coins can change but BTC is still the same. $100k is too much for BTC, I mean only to tell if Litecoin will increase. Maybe we need BTC needs to hit $80k or so first, before it.

Yes, very possible.
LTC is like a silent worker that nobody sees how it works. It has been high last bull run of 2021 and I believe that it will still be able to surpass $100.
That's just an opinion and not a financial advice. But as long as there's a use case on it, a community that's already been mold by time.

If what you are saying is true then everybody will noticed it and it will still be a topic in the community whether the coin or its founders won't like it. There is nothing wrong with that anyway and they must be proud of it in fact because someone appreciates their improvement.

I think almost all projects likes that kind of recognition and it brings more hype to their project, making them earn good too if they keep a portion of their coins and treat it as their own investment. It had its ATH before but unfortunately, not many coins have returned on their past ATH, so I'm afraid that LTC can be one of them. Crypto is not all about money making after all and like you said as long as the utility is still there, the coin can remain, as there will also be people that will use it from time to time. Yes that's true that LTC never changes its volatility, so actually its price can also become stable.

[fikrett]

Litecoin has struggled over the past year and this year so far, but there are signs that it could rise above $100 or more by the end of 2024. This two digit assets often see a boost since they’re seen as more attractive to buyers. In the past, Litecoin had more use cases, but now there are many other options that draw investors’ interest. Litecoin has its reasons for market downturns, but hopefully, we’ll see better results in the coming days.

Yep, LTC definitely has potential and a good community on Reddit which would help everybody who would ask something out, so there is that.
I wish this project a good future ahead.

[el kaka22]

We can't technically know exactly what will happen, but it is following bitcoin quite close. Which means, when bitcoin goes over 100k, then we can see LTC going over 100 dollars as well, not that impossible. I always believe that LTC is not given the attention it deserves, I believe that it should be fourth biggest cryptocurrency, and it deserves much higher marketcap but for some reason people are not interested in it too much, which is confusing.

I mean this is the second good coin we got after bitcoin was created, there were some terrible tries like namecoin and what not, but litecoin was the second ever to do a good job, so it should be around without a doubt. I hope it grows, and gets better ranking eventually as well.

[FortuneFollower]

We can't technically know exactly what will happen, but it is following bitcoin quite close. Which means, when bitcoin goes over 100k, then we can see LTC going over 100 dollars as well, not that impossible. I always believe that LTC is not given the attention it deserves, I believe that it should be fourth biggest cryptocurrency, and it deserves much higher marketcap but for some reason people are not interested in it too much, which is confusing.

I mean this is the second good coin we got after bitcoin was created, there were some terrible tries like namecoin and what not, but litecoin was the second ever to do a good job, so it should be around without a doubt. I hope it grows, and gets better ranking eventually as well.

As I've read and said, it's considered the BTC for a common man of sorts on their Reddit, so I do think it's worth investing in in the long run. I hope all the best will happen to the project.

[d5000]

One thing I have observed about LTC is that it tends to grow quite explosively in altcoin seasons, but trade a bit "meh" in the rest of bull markets. This can be seen in the chart @Yamane_Keto posted before. It tends to really rise only when Bitcoin enters its final "euphoria" phase.

I can only speculate about a reason. Perhaps it loses in the "attention economy" in the early to mid bull market to premined coins with a higher marketing budget and more "hype potential". Then in the late bull market, when most of these coins are already overvalued (and their founders start to dump) people remind LTC.

It may also be the case that a BTC/USD increase, even if LTC/BTC is slightly declining like in the last months, helps to increase the LTC/USD price to a point where finally a significant higher high or another TA "milestone" is reached, and then the LTC price is able to "explode".

Of course we can't predict if such an "explosion" will again occur. Fundamentals look good however - LTC's transaction activity and also the active addresses are about a third to half of Bitcoin's and double those of 2023 even if the price hasn't moved much. See also these charts, where LTC captures a quite high share of many indicators - with the exception of market cap, hinting that it is "systemically undervalued" for some reason.

Just look at the case of Solana, which is newer than Litecoin, but Solana has a higher price than Litecoin and has more attention, even if it is because of the meme coins, which are mostly shitcoins.

Solana only looks that good because it lost 95% in the last bear market So obviously those who bought at this bottom made good profits, but those who bought near the 2021 high lost much more than those who bought Bitcoin at $69000.

[o48o]

LTC is most likely going to follow bitcoin once bitcoin starts booming again.  Things are starting to look bullish again, and litecoin should be right there.  I'd even go as far to say litecoin will probably hit a new all time high.  Never underestimate these older coins and their staying power.

This used to be the case. LTC reacted to bitcoin way more back in day, but here's a percentage comparison chart from tradingview, and that tells another story:



And saying it's old sounds like it's the only good fundamental it has. Litecoin might hit ATH at some point, but for now, it's not reacting to bitcoin as it used to. I have nothing against it, and i sort of enjoy that founder dumped his LTC in top of a bull market. Best thing about it is that it didn't have ICO. It was just a fair launch, but so many coins have fair launch. No one just wanted to develop them for free.