Yeah after long time i see Litecoin is showing big pumping and i am surprised to see that now it's top 9 position in the coinmarketcap data.
But do not think that Litecoin is able to outperform Bitcoin it is never possible, Bitcoin marketcap is 593 billion dollar vs Litecoin 8 billion dollar marketcap, you can see that a big difference both of coin.
It won't and it can't. We do all know that Litecoin is just a little brother to bitcoin and they are mold on the same code.
And maybe it also benefited from the recent rise in prices, as it soars to more than 14%, and perhaps there is a renewed interest from investors specially as they know how solid Litecoin is and so they continue to fill their bags and hoping for a big run in the next bull run.
So I'm not surprised though, I don't have Litecoin but I still see it as one solid coin that if newbies are going to invest, they should include this one.
How on earth could Litecoin possibly outperform Bitcoin? That's hilarious. Litecoin is indeed a fork of Bitcoin, but it has been overshadowed in the past few years and has fallen quite a few ranks on Coinmarketcap. The past few months, though, have shown a decent performance, which is quite contradictory because the market has severely suffered while Litecoin didn't, even when the market was at its lowest. I remember Litecoin being valued at $54 less than a year ago; it's now worth $110, which is more than double its value within a matter of a few months, something that Bitcoin or other coins haven't achieved in 2023.