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

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Litecoin (LTC) can make some big gains versus (BTC), particularly as its August halving event gets closer, according to Litecoin’s creator Charlie Lee.

Lee argues that 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].“

LTC/BTC daily price chart. Source: TradingView
LTC/BTC three-day price chart. Source: TradingView
monthly price chart. Source: TradingView
Litecoin MVRV-Z score. Source: Glassnode
LTC/USD daily price chart. Source: TradingView