Post
Topic
Board Speculation (Altcoins)
Re: Will Litecoin-UFC Partnership Lead to Mass Adoption?
by
Naviboat
on 05/01/2019, 18:36:50 UTC
I think Litecoin will set new highs but not before a slow drag of 2019.
There will be a lot of consolidation going forward with the next major pump probably hitting $800+.

Once we cross the $800-1000 lines we could potentially never see a low lower than $100-200 again.


This is pure speculation based on how Bitcoin has performed.
But I believe there is a lot more invested in Litecoin when it hit last year's high than was invested into Bitcoin when it first hit the same price.

Advertising definitely brings legitimacy to Litecoin. With so many scam Altcoins out there it makes it a safer investment. At least, that may be how new comers see it.

I also think that the break away that Ethereum and Litecoin had this month from Bitcoin pricing definitely helps.