Categories: Blockchain

LTC could hit $ 1000 by the end of this bull, the Coin Bureau analyst claims

The analyst Coin Bureau recently spoke of “one of the oldest altcoins on the market”.

In one Video on YouTube with the title: “Litecoin: LTC seriously undervalued? My Opinion !! ”, he explained what Litecoin is, how it works, Litecoin upcoming data protection support, LTC price action analysis, talked about LTC price potential, discussed the pros and cons of Litecoin, looked at Litecoin roadmap and presented his overall view from Litecoin.

Here are some highlights of the Coin Bureau comments in this video:

  • Flare Networks will publication its Spark tokens to LTC holders.
  • In addition to private investors, LTC has also noticed institutional interest in recent months. Most of that money comes from Grayscales Litecoin Trust, which apparently bought 80% of all LTC mined in February.

Source: Mint Office

  • If you are wondering what the LTC can be, it really depends on BTC. If BTC pulls 2X or 3X, I think at some point we’ll see a similar move for most large-cap alts, including LTC … I could see LTC hit $ 1,000 at the end of the bull market.

Source: Mint Office

  • I expect we will see more optimistic announcements about Litecoin in the coming months and these announcements will continue to push LTC to new all-time highs.
  • In theory, Litecoin is one of the best cryptocurrencies out there.

According to TradingView data, Litecoin is currently trading at around $ 185.4, up over 21% over the past 24 hours.

Source: TradingView

Annie

According to Cryptoglobe

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