Is It Finally Time to Give Up on Litecoin?
The performance of Litecoin (CRYPTO: LTC) has lagged behind that of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) over the first six months of 2023. For the year, Litecoin is up about 50%, compared to 60% for Ethereum and more than 80% for Bitcoin.
But after finally breaking through the $100 price level on June 30, Litecoin is once again attracting the attention of investors. Some are even suggesting it could double in price by the end of the year.
But just how much room to run is in this Litecoin rally? While there are two important catalysts that could lead to a breakout for the crypto in the second half of the year, the potential impact of these catalysts is still very much up in the air.
Source Fool.com
