Litecoin price poised for 700% gains vs. Bitcoin, says Charlie Lee

Litecoin (LTC) can make some big gains versus Bitcoin (BTC), particularly as its August halving event gets closer, according to Litecoin’s creator Charlie Lee. Litecoin up 85% since record lows versus Bitcoin Lee argues that LTC/BTC could rally to 0.025 BTC, or over 700%, in the next bull cycle, with Litecoin having “higher throughput by design, scalability with extension blocks, better fungibility and privacy from MWEB [MimbleWimble].“ “I can see an upside target of 10% (0.025 LTC/BTC). In the next bull market, 5% (0.0125) shouldn’t be too hard to achieve. I honestly…

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