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

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

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!

Kasun Premathilake Answered question October 8, 2024
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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.

Kasun Premathilake Answered question October 8, 2024
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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.

Gihan Wijethunga Answered question October 8, 2024
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