What will happen to Cryptocurrency Litecoin in 2021?
Certainly in the year 2020 many people saw and felt many circumstances that were both favorable and unfavorable for their economy, however, in the case of cryptocurrencies, this was not an impediment to the advancement and resurgence of new ideas.
In the particular case of Litecoin, certain elements that directly or indirectly influenced its future results have to be considered, and the following article will mention the most recent news and its updates for this new year.
Since this last month, significant changes have been seen between the different altcoins in the market, among these changes it can be reflected among the first 3 places to Litecoin, being considered the third-largest cryptocurrency in the current market.
Another thing that is making a difference is the recent news granted by David Burkett on December 28 of this past year, where he mentions the implementation of the LIP4 code by the MWEB project, leaving us one step closer to increasing fungibility in the Litecoin network.
Considering the holidays, one of the things that surprised not only people but also business entities such as VISA and MasterCard, is that SegWit (also known as Segregated Witness) took a step forward for the implementation of the Ligthning Network (LN), which allowed tens of thousands of Litecoin transactions per second.
On December 27, it was estimated that, within the 24-hour range, the Litecoin Blockchain was used approximately 59 thousand times to send the equivalent of more than 1.6 billion in LTC, which is why it is taken into consideration for changes price for the date.
Knowing that Litecoin became one of the best interpreters of the year 2020, there are people who mention the importance of maintaining a discipline of continuing to instruct those who have piqued their interest in altcoins, especially in the digital silver currency offering the clearance of doubts and misinformation about it, wherein turn, Charlie Lee has been enthusiastic.
According to the analysis of the experts who are dedicated to reading graphs and fundamental information about Litecoin, increases are estimated that can not only double but also triple the current value of the currency, so investing in it is not out of context in absolute.
Being a crypto with high growth potential and projects still pending implementation, it is not surprising that this type of prediction for futures can be fulfilled and even exceed expectations.
Many people have a high esteem and faith in Litecoin, as Charlie Lee mentions in recent days, since each of the users represents a small accumulation of energy reflected in a large spiritual wave which represents the team, who is in charge of development and those who are believing in its future.