It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down. One of the biggest advantages for small merchants who want to accept payment in crypto. Many merchants prefer Bitcoin & Ethereum payment but Litecoin is also something merchants should consider accepting as a payment.
What do you think guys?
I'm a little confused by your phrase about how he never went down. What do you mean by that? Litecoin, like other cryptocurrencies, loses most of its value every 4 years. It does not differ much from other major projects in this behavior. The only big difference is that Litecoin didn't rise much in 2021, relative to the 2017 peak.
In terms of price, it has also a roller coaster ride in this market.
But maybe, the OP is referring to its service to the community, it is always up and running.
Actually, ltc is one of the alts that has still very cheap transaction fee which is indeed good for payment method.
And in addition, this old alt is present in most trading platforms, which is very favorable to users because they can convert their LTC to any crypto they want.