Litecoin – undervalued or irrelevant?
Litecoin – undervalued or irrelevant?
A lot of coins are well over their all time high right now. I am wondering if someone with longer exposure to crypto has any idea why litecoin is relatively stable in comparison. During this crypto surge it seems to be coasting.
I ask because it seems like the most stable investment right now since it does not seem overvalued in relation to this bull market, but does litecoin participate in the crypto seasons?
Reshantha De silva Answered question November 19, 2024
There’s no definitive answer, but my take is that it has kind of failed to live up to its narrative. It was hailed as the silver to BTC’s gold. In practice, it hasn’t really been treated as such since the ’17 bull run.
ATP, I think most coins have higher upwards potential than LTC. It lowkey is a stable coin
Reshantha De silva Answered question November 19, 2024