Users can process transactions on its platform four times faster than on the Bitcoin blockchain. Litecoin might not be the fastest now, but it shows some promising technological developments making it a worthwhile investment . A project that keeps on innovating and evolving is a good investment.
Read moreWill Litecoin follow Ethereum?
LTC crypto will generally follow the path of other major cryptos like Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD) . It has shown a high correlation with these top cryptos.
Read moreIs LTC a good investment 2021?
Litecoin has failed to reach a new all-time high in 2021 like Bitcoin or Ethereum has. This doesn’t mean that Litecoin investing is a bad idea. It shows that Litecoin may have a greater reward to risk ratio compared to other crypto assets, due to it having a lot further to go to catch up with the rest of the market.
Read moreWill LTC go back up?
Finally, DigitalCoinPrice predicts that LTC prices will continue to rise steadily through 2025 . Its model foresees the crypto reaching $153.36 in 2022, $185.31 in 2023 and $202.97 in 2024 before hitting $239.53 in 2025.
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