What to Know:
A $135 price prediction for Litecoin appears more than feasible ahead of its spot ETF, which is ready to launch on Nasdaq today with the ticker LTCC.
Litecoin has been experiencing a notable increase over the last week, following a 10.44% surge that took it from $ 90.50 on October 23 to a high of $105.25 today.
The main catalyst is the SEC’s imminent favorable decision, which would greenlight Canary Litecoin, Canary HBAR, and Bitwise Solana ETFs today.
The news is understandably bullish for Litecoin, as the Nasdaq listing would open the asset to investors who don’t necessarily want to buy it. Long-term, this will boost liquidity, improve Litecoin’s legitimacy, and increase adoption at retail and, hopefully, institutional level.
There was an attempt, but it fizzled out as Litecoin was already in free fall.
If investors had capitalized on it, the momentum might have held, increasing the opportunity window and potentially triggering a consolidation phase above $130.
But we’re not in that timeline.
Fortunately, we may be looking at a strong reset, as $LTC is already showing signs of consolidation above $101 after briefly popping its head above $105.
The community is clearly hyped up, $LTC shows growing potential, and investors are ready. In this context, a breakout above $135 is more than achievable if LTCC performs well following its Nasdaq listing.
The project addresses the main problems associated with crypto presales today: the lack of participation incentives. In short, presales don’t incentivize investors to buy in early, which leads to poor presale performances, which inadvertently lowers the coin’s visibility post launch.
The earlier you buy, the stronger your nodes, the faster you mine, and the more you can earn. This translates to higher post-TGE rewards, which include actual meme coins, such as $FARTCOIN and $PEPE.
The 653% staking APY is an additional incentive for early adoption.
This isn’t financial advice. Always do your own research (DYOR) and invest wisely.
