US people are buying LTC while the other world is avoiding it
There are 6 billion people around the world, just eliminate the people who do not use the internet then there are 1 billion people atlest who use the internet which means that 1 LTC is for 119 people. If only an individual has the purchasing power of $1, we can say that LTC will hit $119 at least to be divided equally among all of the people. But big exchanges like binance and kraken only allow to trade minimum of $10, let say that everyone has the purchasing power of $10 then LTC will hit $1190 in the future but when we don't know. So without any improvement in Litecoin network after paypal adoption, we may claim that LTC will hit at-least $119 per coin and it will never ever return back below to this level. If in case it happens then some whale will only be selling it.
No one is avoiding litecoin as like you said.Because litecoin is the good project with more investment. In localcrypto, onle 3 coins are listed. The three crypto was Ethereum, bitccoin litecoin. The trusred cryptocurrency will have huge investor and traders.
Yes, it is right. Bitcoin, Litecoin, and ethereum will have its investors willing to buy more and hold it for some time. They will not be a problem if they hold for a long time if the market is not moving well, and maybe they are doing this from a long time ago, from the last ATH that happen in the market. People still underestimate this coin and don't invest in that coin because they think that ethereum can give them a bigger profit than litecoin. But we will see if litecoin can compete with the other coins at the market, the price will increase so high, and who knows, the price will pass the last ATH for litecoin. Only time will tell us about that, and I am sure many investors are still buying more litecoin at this moment. But if you want to invest in litecoin, you need to analyze.