Home Altcoins News What is the Value Logic of LTC Rising to $1000?

What is the Value Logic of LTC Rising to $1000?

What is the Value Logic of LTC Rising to $1000

Who can explain the value of LTC? What application scenarios does it have? and What is the value logic of rising to $1000?

Community Response:  I don’t claim it to be worth $1k, but it has never been down, never been hacked, fair launch, low fees, huge integration everywhere crypto is accepted, optional privacy layer coming in a month with MWEB, and apparently a smart contract option with Omnilite.

It does everything Bitcoin does at lower fees and faster speeds and no one knows how much you are holding. It is one of the OG crypto that is taken seriously by major institutions around the world. 10 years of NO down time. It is one of the most stable coins on the market.

Deflationary asset with max supply cap, halvings, actual use case and so on.

Price is far, far from catching up with Litecoin’s incredible fundamentals.

Litecoin is due to add taproot, has labored a year on MWEB & suddenly added Omnilite in Sept. Meanwhile the 100% 10 year $LTC network uptime is +ing infrastructure like crazy. Paypal Venmo AMC Newegg Verifone @IBKR Grayscale eyes ETF conversion and look at that Bitpay performance.

LTC does this every cycle. Nothing new but people saying it’s dead.

Rumors say that this is a “finished” project. But I see what is happening there and everything the team is trying to do. Litecoin is definitely still one of the biggest cryptocurrencies around.

The recently launched NFT collection is amazing.

With unstoppable inflation people will continue to flood into Litecoin (LTC). This bird is taking flight.

In other news: LTC down 35% since ATH. I like this Altcoin, But it’s too slow to growing up. LTC is shocker.  Litecoin needs to pick up the pace.  The calm before the storm. Much of the crypto market is hype. Litecoins MWEB upgrade will turn it on in 2022.

Many LTC holders here are going to use smart contracts for LTC via Flare and start earning for holding LTC right from their own wallet.

One of the greatest aspects of Litecoin today is ‘no conflict of interest.’ Bitcoin has a Satoshi Stash, Litecoin doesn’t. Marketing is Litecoins biggest issues today, but that will change when it is upgraded with MimbleWimble (privacy option) in January.

50 million merchants accept Litecoin payments driving massive spike in on-chain activity.

Litecoin is one of the stars of the latest crypto rally, as it posts daily gains of almost 20% and hitting a six-month high. It looks like it is emerging from the shadows.

 

 

 

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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