#Litecoin #LitecoinBoom
Litecoin is one of the most underappreciated and thus most undervalued tokens in my opinion. It’s sovereign from the trends which determined the earlier crypto hype cycles and it is still independent from the trends shaping the current hype cycle.
It is the number 1 solution for sending money via crypto. As the transaction cost is among the lowest of all established blockchains. The acceptance at point of sales is basically identical to Bitcoin.
It’s still very attractive for investors as the price of Litecoin just doubled since it’s last lows in October. I expect Litecoin to atleast reach it’s last ATH from 2021 which was about $400. Given the current hype regarding the coming government of USA pushing crypto really hard, I’d say $800 is definitely possible. And it would be plausible given the fact that it is essentially very similar to bitcoin. And the network of $LTC has never been down since it’s launch in 2011.
This is no invesment advice. Investing into cryptocurrencies comes with increased risks. Do your own research. And trade safe.
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