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Will Litecoin price move up as Bitcoin blockchain fees rise?

As the Bitcoin blockchain fee rise due to  a new token standard of BRC-20, it seems that the blockchain fees are rising as a result due to higher demand.
(Last Updated On: May 11, 2023)

 

As the Bitcoin blockchain fee rise due to  a new token standard of BRC-20, it seems that the blockchain fees are rising as a result due to higher demand. I have found two articles that suggest that Litecoin may become the preferred blockchain to transact on now. This could include a higher volume for both transaction and speculation. If you don’t believe me do online searches for the following articles:

Biggest movers: LTC above $80 moving away from six week low

And

Bitcoin investors turn to Litecoin as hyphae makes chain uneconomical

 

I would like to also highlight these crypto currency media related sites can be horrendously wrong on what they state so take heed on what they say.

 

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Will Litecoin price move up as Bitcoin exchange fees rise? by bryandowningqln on TradingView.com

https://news.bitcoin.com/biggest-movers-ltc-above-80-00-moving-away-from-6-week-low/

https://www.bitcoininsider.org/article/214517/bitcoin-investors-turn-litecoin-high-fee-makes-chain-uneconomic

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