After all Altcoins were troubled recently, Litecoin is gaining more confidence again.
But can Litecoin outperform Bitcoin or is Litecoin dead in your opinion?
Litecoin is best coin there has no confusion. It’s position well on cryptocurrency market. Now its price is near anout $90. I think it will go more up in future. I think future bull market Litecoin price will hit $1k.
A few years ago, Litecoin had its heyday and had a fairly expensive price because it had a fairly high demand, whereas now it has a low price. My hope is that Litecoin has a good project for the community and is very useful, so that high demand returns to Litecoin and it is certain that the price will easily go back up to being expensive.
I would like to say that now the price of LTC has not fallen so much compared to other coins. Probably the main thing is not the demand, but the bear market. Now absolutely all coins have lost value, some more, some less. Litecoin is one of the few coins that managed to recover well after the last bottom. Hopefully the price will be above $100 in the near future.