XRP became the hottest topic in the market with its rise, and became the third largest cryptocurrency after Bitcoin and Ethereum.
While it is wondered whether the rise in XRP will continue at full speed, 50-year analyst Peter Brandt argued that another altcoin could follow the rise in XRP and experience a boom.
Experienced analyst Peter Brandt said that this altcoin is Litecoin (LTC) and noted that LTC could follow XRP's strong rise in the coming days.
At this point, Brandt, who claimed that the Litecoin price could rise to $420, managed to attract the attention of investors with this prediction.
“Could Litecoin be another XRP?” Brandt wrote.
Peter Brandt’s Litecoin post also fueled speculation that a spot LTC ETF would be approved.
Litecoin, which has increased by 20.8% in the last 24 hours, continues to be traded at $122.
*This is not investment advice.