The last several days have been quite good for cryptocurrencies, with most major coins posting some very nice gains. LiteCoin (LTC) has also gone up from around $114 to $127.22 as of this writing. While this is great, it isn’t as large of a percentage as many of the other top 20 coins have enjoyed.
LiteCoin even had a brief period where it was pushed out of the top 5 coins list, though it has since regained the #5 position.
LiteCoin continues to be a very strong coin that hasn’t run into many of the issues that other well-known coins have. In many people’s eyes, it is seen as the third of the ‘big three’ coins, behind Bitcoin and Ethereum.
With that being said, it seems that LiteCoin has quite a bit of room to grow in the very near future. If the bull run continues across the crypto market, LTC could really shoot up quickly. Even if crypto in general starts a sideways run, or drops modestly, LTC will likely remain in the green given their more modest gains in the past few days.
Of course, if all of crypto takes another dive next week, all bets are off. That being said, however, LTC has always been a strong performer, and there is no reason to think that it isn’t going to provide at least reasonable long-term returns. With this in mind, it really seems that LTC is a great buy at this point, and may be a good way to produce some excellent returns in the coming days, and even weeks.
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