Will Litecoin Outperform Bitcoin This Cycle?
My arguments for and against this idea.
Earlier this year, I wrote an article covering why I believe Solana (SOL) could outperform Ethereum (SOL) this cycle, which I stand by.
This made me think of another comparison: Bitcoin (BTC) vs. Litecoin (LTC) — the old guard.
Despite its mediocre performance so far this year, there’s a chance that LTC could outperform its more prominent counterpart.
Today, we’ll examine reasons for and against this.
Reasons in favour of LTC doing better than BTC
1) Crypto vanity
No, this doesn’t involve flexing to people on social media by showing the world your wallet balance in USD.
It’s far less impressive and even more cringeworthy than that.
Suppose you put $1000 into this space. You can put it into BTC or ETH and get a fraction of each (0.1 BTC and 0.25 ETH at current prices, give or take).
But these people aren’t satisfied until they get several units of their favourite crypto.
This is a major reason people keep a close eye on cryptos valued less than a dollar; there’s even more enthusiasm if the same asset is a…