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Litecoin rallied, yes, but it needs this more than anything going forward
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Litecoin, over the years, has managed to remain relevant despite the emergence of new altcoins in the space. Now, even though LTC might not be the top-performing coin today or even one of the most famous ones, its correlation to Bitcoin is what has kept people coming back to it.
Ergo, the question – How long can Litecoin survive this way? And, what exactly can change this for Litecoin?
This week, LTC saw a random rally for 48 hours on 8 and 9 November. Over this period, the seemingly “quiet” coin pumped by almost 30%, breaching the $260-barrier in the process, before falling again.
Litecoin price rally | Source: TradingView – AMBCrypto
Now, the reason behind this rally was actually twofold. For starters, it was following the broader
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