LITECOIN OUTLOOK SINKS TO LOWEST SINCE 2022
Litecoin (LTC), once hailed as the “silver to Bitcoin’s gold,” is struggling to hold investor interest as it sinks to price levels not seen since late 2022. The recent dip comes amid a broader altcoin cooldown and shifting trader focus toward newer, high-volatility tokens.
Despite maintaining a strong uptime record and low transaction fees, LTC seems to be loosing relevance in today’s fast-moving DeFi and meme-driven market. Analysts believe the lack of innovation and declining on-chain activity may keep pressure on the coin unless a fresh catalyst appears.
Should you invest in it?
Some long-term holders, however, remain hopefull, citing Litecoin’s security and historic resilience during bear phases. But in the short-term, momentum appears firmly to the downside.