Litecoin momentum is potentially changing, network usage is skyrocketing, and the cryptocurrency’s halving is ahead.
Yet the asset remains drastically undervalued relative to Bitcoin, Ethereum, and other factors. Here is a closer look at why Litecoin could be the most undervalued asset in crypto.
LTC Vs BTC Vs ETH Compared
Litecoin was once a top ten or higher cryptocurrency that has since fallen from that lofty pedestal. A nine-month-long up-only bull run and more than 10,000% ROI left the coin ranging for going on its fifth full year.
Unlike other top coins like Bitcoin and Ethereum, LTC never made dramatic new all-time highs in 2021. On some exchanges, the record high is still set for 2017. After the 2017 bull market peak, Litecoin has lagged behind the two largest coins by market cap.
But this is common in the final stages of a bull market, after which Litecoin wildly outperforms both BTC and ETH in a flash. That sort of situation could return, according to the charts below, star
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