https://coinmarketcap.com/currencies/litecoin/look the charts this is what i think is a bad sign for litecoin its mainly a pump and dump meme
charts which are so much like it pumps and dumps every few years from 38 usd something to 1.45 usd charlie actually predicted by looking at the graph by following the similar pattern by seeing old graph which was actually back those days when we had only one exchange called btc-e.net and mt.gox but but now we dont have the similar situation now a days most people have heard about bitcoins and cryptos so we are not in that situation right now but charlie lee just made up all the scam like fake roadmaps to make it look its gonna have some mass adoption but it was all a big lie because he wanted to sell off his coins at high price and then he updated on twitter that cryptos are volatile etc etc and multi bear market which was from graph he looked but you have a developer which actually thinks of market back those days and compares it to the date now and then trys to FUD investors. do you really want such unstable developer to support your investments by spreading such negative news.. THINK 10 TIMES GUYS THIS IS THE TIME BEFORE YOU JUMP INTO ANY CRYPTO .. ITS CRITICAL AND YOU HAVE TO RETHINK OF WHAT YOU ARE DOING RIGHT NOW.
but not all coins are following this pattern some coins will override this because of adoption rate when there is no adoption coins like litecoin acts like silver to bitcoin which is
FALSE which is to dupe people into thinking its valuable asset but litecoin is no where valuable its only a modified tweaked version of bitcoin which you can yourself make it by using bitcoins source ... a copy will always be a copy i would suggest you all who are heavily invested to rethink about this sort of asset and get a new algo coin which has a purpose like ETH, XRP.
This asset is clearly a very high risk dont jump into something which you are unaware of.. the hype has already took this coin to 400 usd and fell to 23 usd this does look a bottom to me and litecoin will have some bounce like 50 usd something for short period and then fall again.. it will always follow a bad pattern compared to bitcoin.
Take ur own risk but dont regret laters.