LTC has been doing really well recently because it will likely get an ETF first this year. I think that would be fair, it only makes sense for one of the oldest coins to get an ETF first.
I do think LTC will post another new all-time high this cycle, so above $400 or whatever the previous high from 21 was.
With that said, I don't expect LTC to truly shine until after 2029. My current assumption is that this new admin will pave the wave for tons of centralized garbage. For a while, these centralized dogshit projects will do well, even though they are gay scams. But eventually another administration will come into power and shut all the centralized garbage down (because they can).
It will be in that environment, where the centralized crap gets shut down, that truly decentralized projects will shine.
Litecoin's doing everything right at the moment. My only complaint is that the media is too sporadic. There should be a podcast every week for example. Newcomers to litecoin need to sense that consistent passion for the project.
According to the Litecoin foundation, LTC currently has the most transactions of any chain. Likely because fees are low and there is always space in a block.
BTC and ETH aren't even practical as currency because their transaction fees are way too high and times too slow. Other cryptocurrencies that see use as currency include, uhhh... Litecoin's a good one, Zcash I think, Dogecoin's my favourite.
Posted Using INLEO
The rewards earned on this comment will go directly to the people( @tsnaks ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com. Otherwise, rewards go to the author of the blog post.
I love how LTC is doing, so I'm trying to build up my stack at these low prices currently.