#NFPCryptoImpact Litecoin has been the third cryptocurrency by market capitalization for a very long time. This crypto coin has been active for over nine years now and has managed to be successful for most of this period. At the moment, it is still ranked among the top 30 cryptocurrencies by market cap.
Lately, there has been a lot of talk happening about how Litecoin has “fallen off.” Nowadays, all trending tokens are either attached to a strong brand, have a lot to offer besides being a store of value, or are simply quirky enough to be noticed by millionaires. Despite having a solid technical foundation, Litecoin doesn’t really have any of those things.
However, this cryptocurrency is still going strong, and we are very likely to see the price and market cap of Litecoin rise again in the future.
In this article, we’ll take a look at Litecoin’s fundamentals and its prospects as a long-term investment. Please remember that our LTC price prediction does not constitute investment advice, and you should do your own research before deciding whether it’s a good investment or not.