Litecoin is a good coin with a bright future ahead of it. Litecoin is a one-of-a-kind cryptocurrency that has become a long-term investment target. It is one of the cryptocurrency market's stable coins.
After weeks of depreciation, which hurt all coins, the bitcoin market is still on the mend. Furthermore, because all cryptocurrency coins are dependent on the bitcoin price, Litecoin prices can recover if something happens to cause bitcoin's price to rise. The price of Litecoin and other altcoins will rebound if the price of bitcoin rises.
We don't need to be concerned about the price drop because it's part of the crypto cycle.