- Litecoin price is expected to explode reaching over $300.
- Litecoin is a lighter coin of Bitcoin (BTC).
- ETH still follows pretty much the same pattern of LTC.
Litecoin price is expected to explode reaching over $300 in the next two week. In fact, Michaël van de Poppe made a recent tweet that the price of Litecoin is ready for $300.
— Michaël van de Poppe (@CryptoMichNL) August 21, 2021
Basically Litecoin is a lighter coin of Bitcoin (BTC). Moreover, the LTC can perform transactions much faster than Bitcoin. The coin has been around since 2011, so it has been around for over 10 years. More so, being around for a long time makes it a very strong coin.
The reason for the price surge might be because we are in the middle of a bull rally. This might be near the end of all runs or whatever but hopefully as long as there is no downtrend, it is good even if it moves sideways. In the past three weeks, we have experienced a bull market.
However, Litecoin has not had a big movement, like Bitcoin, Ethereum, and other cryptos. But LTC does not have such a big following and the reason is because Litecoin doesn’t really have anything that makes it stand like bitcoin, however, bitcoin gets all the attention. It is not a coin of use like Ethereum, it doesn’t have a community Shiba Inu or Doge.
The crypto bull market continues, currently Litecoin is at 179, according to CoinMarketCap. But if we compare Litecoin to Ethereum right here we can see that it has been following pretty well okay even when this thing splits off and ethereum was a lot higher than Litecoin. Even more, ETH still follows pretty much the same shape of LTC. Furthermore, the LTC price is expected to hit $300 in the next two months.
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