bishopknight

Buckle your seatbelts, Litecoin is back

Long
bishopknight Updated   
COINBASE:LTCUSD   Litecoin
The claim that Litecoin is inefficient because bitcoin has the lightning network and lower fees is no longer valid. Prioritizing Litecoin over both Ethereum and Bitcoin is no longer absurd in my opinion. Let me explain

Transactions, transaction fees, and transaction times are all areas now dominated by Litecoin. With Solana losing a great deal of the community's trust, other altcoins not being widely adopted, and the enormous fees of Bitcoin and Ethereum, the second-oldest cryptocurrency resurrects and becomes the best option for transactions.

Litecoin's target price of $130 could be reached within the span of 1-2 months. Around 45 days prior to the Litecoin halvening. This partly hinges on Bitcoin breaking $30k, but in my opinion, the upside potential of Litecoin is larger than that of Bitcoin and I do think we will ultimately continue up.
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