LTC jump due to ETF?

[bayu7adi]

Recently we saw LTC experiencing a price increase which is always associated with ETFs that are likely to be approved by the SEC... the chance of getting permission from the SEC has increased to 90%, which is even a very big possibility, because LTC is the best compared to several coins that will be listed on the ETF exchange at the same time...



Selling LTC now is not the right time, considering the chances of a row of green candles are likely to fill the LTC chart in the next few weeks, but on the other hand, in a sudden time we cannot know whether the bullish season will end or will last longer. Considering that we are only 2 months away from 1 year after the 2024 BTC halving.

What are you doing with LTC now?
Hold until the price skyrockets because of the ETF
Buy again to increase ammunition to gain profit
Or act passively because you are pessimistic about the end of the halving cycle that will end soon?

[KryptoBull]

Recently we saw LTC experiencing a price increase which is always associated with ETFs that are likely to be approved by the SEC... the chance of getting permission from the SEC has increased to 90%, which is even a very big possibility, because LTC is the best compared to several coins that will be listed on the ETF exchange at the same time...

Selling LTC now is not the right time, considering the chances of a row of green candles are likely to fill the LTC chart in the next few weeks, but on the other hand, in a sudden time we cannot know whether the bullish season will end or will last longer. Considering that we are only 2 months away from 1 year after the 2024 BTC halving.

What are you doing with LTC now?
Hold until the price skyrockets because of the ETF
Buy again to increase ammunition to gain profit
Or act passively because you are pessimistic about the end of the halving cycle that will end soon?

I don't have LTC in my portfolio so I will just keep following LTC price fluctuations and events surrounding new spot LTC ETFs in the market. I think SOL and XRP ETFs have a bigger chance than LTC ETF because they are more well-known and have higher demand from investors.

LTC is no longer as popular as it was in 2017, it was almost forgotten in the 2021 season but has been mentioned recently. I don't have any expectations for LTC, but I still hope LTC investors will receive a profit worthy of their belief and efforts!

[vegasus]

I don't have LTC in my portfolio so I will just keep following LTC price fluctuations and events surrounding new spot LTC ETFs in the market. I think SOL and XRP ETFs have a bigger chance than LTC ETF because they are more well-known and have higher demand from investors.

LTC is no longer as popular as it was in 2017, it was almost forgotten in the 2021 season but has been mentioned recently. I don't have any expectations for LTC, but I still hope LTC investors will receive a profit worthy of their belief and efforts!

Indeed, LTC is like a project that is either alive or dead, but it is unclear. Its development is not too visible. Fortunately, this is an old coin and its community used to be that solid, so until now, there are still many LTC holders and their communities that survive.

I am one of them who still Hold LTC, I haven't taken any profits since 2020, I thought LTC would rise to ATH, but it turned out to be getting worse and worse. So just leave it for now. who knows there will be a miracle later. 

[KryptoBull]

Indeed, LTC is like a project that is either alive or dead, but it is unclear. Its development is not too visible. Fortunately, this is an old coin and its community used to be that solid, so until now, there are still many LTC holders and their communities that survive.

I am one of them who still Hold LTC, I haven't taken any profits since 2020, I thought LTC would rise to ATH, but it turned out to be getting worse and worse. So just leave it for now. who knows there will be a miracle later. 

The most positive thing we can say about LTC is that it's a fork of BTC and used to be a testbed for upgrades before they were implemented on BTC. I think LTC's fate would be better if it settled for being a BTC lab, similar to Ksm for Dot.

Unfortunately, the market isn't developing as we'd like. The LTC price has dropped sharply and is currently struggling to regain its position in the market. If a spot LTC ETF is approved, I think LTC will have a chance to return and gain investor attention. We'll wait and see if this potential for LTC materializes in 2025.

[Findingnemo]

Indeed, LTC is like a project that is either alive or dead, but it is unclear. Its development is not too visible. Fortunately, this is an old coin and its community used to be that solid, so until now, there are still many LTC holders and their communities that survive.

I am one of them who still Hold LTC, I haven't taken any profits since 2020, I thought LTC would rise to ATH, but it turned out to be getting worse and worse. So just leave it for now. who knows there will be a miracle later. 

Coins like LTC had been overshadowed by the trends after trends that has no real purpose. But LTC is the most used crypto based on the recent report as payments so holders no need to give up on it even though the growth is not up to the mark. We may reach a phase when people will be fed up with all these bump and dump tokens will move to better coins and LTC will be one of it.

[Brijesh]

Yess it will jump more in coming days as key date off approval is MAY 5 but if delay again then the final deadline of approval is 25th September, so due to this speculation LTC is now looking strong and will pump hard as key date is coming near.

[MrSpasybo]

Yess it will jump more in coming days as key date off approval is MAY 5 but if delay again then the final deadline of approval is 25th September, so due to this speculation LTC is now looking strong and will pump hard as key date is coming near.

Honestly, I'm not seeing any strong price action on the LTC price chart. It seems to be continuing its boring, sideways movement with no clear trend. An LTC Spot ETF could be an interesting narrative, but it's hard to predict its real impact. The BTC Spot ETF did drive a significant price surge for BTC, while the ETH Spot ETF couldn't save ETH from its heavy price drop.

Anyway, if LTC does get a Spot ETF, it would be good news for LTC and the whole crypto market, because the possibility of a Spot ETF would open up for many potential tokens in this space. That could create some FOMO and investors might just create their own altseason this year!

[target]

The chance of being approved is very high so yep, if you wanted to make money I guess riding the bullish trend of LTC would be nice.
I don't have it, maybe I would try buying and it looks like the price is about to go up. Its a good time to actually buy. 94USD seem a fair time to trade LTC.  Buying just 3 LTC wait til it shoots to 130USD then sell again. Seem a good short term plan.

If LTC goingto be approved, there is a chance that SOL or even XRP will also be approved.

[WillyP]

LTC is no longer as popular as it was in 2017, it was almost forgotten in the 2021 season but has been mentioned recently. I don't have any expectations for LTC, but I still hope LTC investors will receive a profit worthy of their belief and efforts!

Litecoin has a quite high network activity, how can it be almost forgotten?
coinmarketcap.com/academy/article/97b647d8-51a5-44fc-bcd2-31b91b0e35aa

Latest update is nov. 2024. 

People use litecoin to send and reconvert faster than BTC, More conveniently priced-