the crypto world has changed a bit since litecoin's last peak. we've seen a million clone-shitcoins. theres no story here, no doohickey to even pump. litecoin is a bitcoin clone with some basic parameters changed, but it offers nothing new. china already got burned hard on litecoin, and they're not coming back to the table.
despite many altcoins being up large amounts this year (catalyst being Mike Hearn's blog), the big clone coins (litecoin, dogecoin) have done NOTHING.
while i see various Rube Goldberg blockchains (complicated but useless blockchains) getting pumped, i dont see the shitclones ever getting pumped like they once were.
despite many altcoins being up large amounts this year (catalyst being Mike Hearn's blog), the big clone coins (litecoin, dogecoin) have done NOTHING.
while i see various Rube Goldberg blockchains (complicated but useless blockchains) getting pumped, i dont see the shitclones ever getting pumped like they once were.
There is more to a coin than just tech and features. Litecoin has been around since 2011 and since then it has built itself up to where it is now. No one was paid millions to build litecoin, there were no premines(with the exception of the 2 block test phase) and most importantly it has the trust of the crypto community. I think if litecoin does go up it will be because of brand name and recognition that litecoin is here to stay. Litecoin price is stable, volume is also stable at over $1 million a day and development is moving along. Litecoin isnt going anywhere and i think in the course of time people will start to realise this.
