Litecoin (LTC) Power Factor and Bullish Price Triggered by Charlie Charles and PayPalNovember 22, 2020
Litecoin is making a surge in price and it just looks like LTC is set to Outperform Bitcoin. This surge and power factor of LTC is powered by the PayPal factor. Reportedly, the coin is in its 9-month high. The fact that there might be a correction is a different thing altogether. With the price getting positive, prospective investors are showing interest in the dips.
Some investors hope that the price of Litecoin will rise to $400 by December 31, 2020. This sounds a bit too much, but still, the community wishes some things to happen. Investors are able to see that LTC is bullish now and those who did not own enough LTC in the last bull run are trying not to repeat the mistake over again.
With so much of developments taking place in the blockchain space, interoperability is the key to moving forward. This is not an easy path though. Some of them opine that the Cardano and the Litecoin combo can be a great game changer and that being one of the reasons that should have played the power factor in contributing to the price factor.
In this regard, Sydney Ifergan, the crypto expert tweeted: “Litecoin (LTC) might do great with interoperability; however, how they achieve it makes all the differences. They do not want to introduce unnecessary features when trying to achieve interoperability.”
Many of them who missed on the educational discussion on velvet fork is, what is NiPoPoWs, and how it benefits Litecoin are all trying to catch up with the details. The entire community is not yet updated about the fork thing, they are just slowly getting used to it.
While some of the users are wondering about the pros and cons of Velvet, it has been stated that there are not really any cons other than the trolls which hate Cardano.
Optimistic community members feel Charles and Charlie are two of the best with great communities and powerful projects. However, the security of the network is under constant discussion and obviously Litecoin does not want to get eaten away by Cardano “giant-ing” it away and losing its originality is also a matter of concerns.
Litecoin Youtube Litening Series
Litecoin Foundation pointed to the YouTube Channel on Litening Series to their users who are interested to catch up on what is happening in the series. Several questions are discussed in the series. Those who are very keep about the features which are getting discussed for addition in to Litecoin might want to sneak peek.