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People find it very useful that Litecoin has the ability of extremely fast transactions so that’s one of the reasons why we could expect more people to start using Litecoin. On the other hand, as many other coins, Litecoin is also connected with the usage of Bitcoin so when we see a higher adoption rate of Bitcoin we can also expect a higher adoption rate of Litecoin and this, of course, leads to price growth.

As far as performance is concerned, last year was a great success for Litecoin, surpassing both Ethereum and Bitcoin with a rise in the value up to 2000 percent. However, making price predictions for this year will not be an easy task, regardless of the fact that every single cryptocurrency is very volatile at the moment. The number of people who are using Litecoin should increase because if many people are adopting Bitcoin, the adoption rate for other cryptocurrencies will rise as well. You can compare price charts so you can see this phenomenon.

As far as performance is concerned, last year was a great success for Litecoin, surpassing both Ethereum and Bitcoin with a rise in the value up to 2000 percent. However, making price predictions for this year will not be an easy task, regardless of the fact that every single cryptocurrency is very volatile at the moment. The number of people who are using Litecoin should increase because if many people are adopting Bitcoin, the adoption rate for other cryptocurrencies will rise as well. You can compare price charts so you can see this phenomenon.

So, the main idea is that the Litecoin price is also expected to grow this year because there is an increase in the number of developers that are working on this cryptocurrency. Making precise predictions is impossible but we can, however, expect a bright future for Litecoin