LiteCoin SPOT ETF

DavidG1510

DavidG1510

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The Chances now for More Spot ETFS of AltCoins is increased.

The next in line is not ETH but LiteCoin

Spot ETF on Litecoin can bring Litecoin to 3rd place in Market Cap = x20 from here.
 
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There is no effect on Bitcoin price because of etf approval so 20x for Litecoin is delusional.
 
roydan said:
Why would you say Litecoin over ETH?
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Because it goes to the same criteria as BTC.

LTC is the Same as BTC.

ETH is Crypto 2.0 so its different.
 
DavidG1510 said:
The Chances now for More Spot ETFS of AltCoins is increased.

The next in line is not ETH but LiteCoin

Spot ETF on Litecoin can bring Litecoin to 3rd place in Market Cap = x20 from here.
Click to expand...
What about XRP?
 
Adseals said:
What about XRP?
Click to expand...
SPOT ETF on XRP?
Might be, but its not likely in the next 12 Months.

I assume that Litecoin and ETH will receive their SPOT ETF.

Maybe XRP will receive a Future ETF.
 
achiever2011 said:
There is no effect on Bitcoin price because of etf approval so 20x for Litecoin is delusional.
Click to expand...
I think the effects are there just need time to show up, once money starts flowing. 3-12 months
 
achiever2011 said:
There is no effect on Bitcoin price because of etf approval so 20x for Litecoin is delusional.
Click to expand...

It hit another 12 month ATH an hour or so ago, there must have been a heap of sell orders sitting at just below 49k though as it dipped again once it neared 49k. The effects are definitely there today.

It’ll hit 50k soon and the same will happen again, I don’t think people are grasping the amounts of money about to come flooding in. 100k a coin isn’t a far off fantasy anymore imo.
 
Bitcoin is not interesting when we are talking about Return on Investment.
Its only for Store of Value.
 
DavidG1510 said:
Bitcoin is not interesting when we are talking about Return on Investment.
Its only for Store of Value.
Click to expand...
That I agree. But there are so many alt coins, that picking the winner in between them is next to impossible. May be an investment divided into 10-20 alt coins can give good results.
 
they will only choose the top 10 best coins to continue making money but is being just a few days so let's say how everything develops for 2 or 3 months and I was just thinking what if they cap them!! :alien:
 
I wish LTC gets a push. I prolly have double digits of that shit. Cant stake it. Exchanges offer like 1% yearly interest. And its been dead in the water price-wise for quite some time.

Shit goes up, shit comes down, LTC sitting around $70

And on that note, same goes for CRONOS sitting on $0.10 cents. What the hell is wrong with crypto.com and their coin? I really thought when all those crypto exchanges collapsed that the coins of exchanges that survived (bnb, kucoin, cronos) would pump. But no, cronos just sitting at $0.10 cents.

Anyway, um, go DOGE!!! lol :p
 
Hope it goes up. It is due. ANITTA MAXWIN
 
Suppose the ETF is approved (which is highly rare) the underlay asset has no intrinsic value so there will be no demand from etf part.
 
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