Simple question because let's today see if Litecoin is still a helpful coin for daily transactions due to low transaction fees compatretd to Bitcoin and Ethereum.
Do you use Litecoin for cheap Transaction Fees?
Yes
or
No?
For remittance purposes, I often use USDT on Tron because the transaction fees are quite cheap and the speed is fast, and the recipient also wants to receive USDT instead of any other token, including BTC. For investment purposes: I invest to make a profit, not to save transaction fees, so I would rather choose BTC and ETH with higher transaction fees than invest in LTC because I don't like LTC's price performance.
In the 2021 bull run, LTC had a new ATH but it was not significantly higher than the 2017 ATH, suggesting that LTC may have been forgotten by investors and whales. At the same time, the Litecoin ecosystem is not really developing or attracting users, meaning that LTC has less upward momentum in this bullrun. I used to love LTC but I will not choose LTC for my portfolio in this bullrun.