The cryptocurrency Litecoin is up more than 140% in 2020. In 2021, LTC showed very fast growth until May. however, due to some external factors, the situation changed significantly. The price of Litecoin has been through a lot since its launch and has been very volatile, up and down.
This contributed to a significant rise in price before a minor correction occurred. This price correction did nothing to counter Litecoin's strong price trajectory. As for Litecoin's long-term predictions, the outlook suggests that Litecoin has potential.
The price have been up and down, but despite that it has managed to survive in the cryptocurrency market. It can be said that the prices haven't increased as much as ADA or BNB, but still LTC has given good returns to those who invested in that coin. That said, some of the newer coins have managed to overtake LTC. Once upon a time, LTC used to rank within the top-5. After a few years, it dropped to top-10. And now it is at no.14 in market cap as per the Coinmarketcap list. Let's hope that it will stay there for sometime.