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Topic: LTC out of top 10 coins - page 4. (Read 763 times)

legendary
Activity: 2730
Merit: 1288
July 14, 2020, 11:06:23 AM
#30
LTC out of top 10 coins

If someone make 2 forks of Bitcoin then LTC is out as soon as that happens.  Droping out of top10 coinmarketcap listing have nothing to do how good coin it just have a lot to do with new coins appearing on the list.  Comparing coins that was very differently created by marketcap is dumb. It is like comparing apples with oranges.

Litecoin is fair launch PoW coin and is not blockhain fork of Bitcoin. On CMC we have most such coins let me list them for you.

1. Bitcoin BTC
2. Litecoin LTC
3. Monero XMR
4. Dogecoin DOGE
5. DigiByte DGB
6. Decred DCR
7. Siacoin SC

That is the top7 of coins that can be fairly compared with Litecoin by marketcap.
member
Activity: 1022
Merit: 20
RiveMont
July 14, 2020, 09:51:28 AM
#29
there are changes in top 10 coins constantly, and one top project lost spot in top 10 (EOS), and there is other top and strong project that is close to be out from top 10 positions, it is LTC, which marketcap is some 10-30% larger than competition that is trying to get into top 10 spots (BNB, CRO, XTZ, XLM), and that difference is constantly decreasing

8. LTC - 1 year change is -57,3%
9. Chainlink - 1 year change is 125,4%
10. BNB - 1 year change is -42,7%
11. CRO - 1 year change is 73,1%
12. EOS - 1 year change is -47,0%
13. XTZ - 1 year change is 179,5%
14. XLM - 1 year change is -8,4%

so, XTZ has best performance is a year, followed by LINK and CRO, with LTC as worst performer in a year, followed by BNB and EOS, within positions around 10th on the crypto coins list
No doubt considering the recent performances of the coins it looks like chainlink and tezos can move up in coming months, although i like ltc from the start for unknown reasons but looks like it lacks new things or updates that is why the community is perhaps bored of it and it is slowly losing its top positions, maybe its time ltc should also comeup with something new now.
hero member
Activity: 2576
Merit: 684
God, save BTC!
July 14, 2020, 09:42:21 AM
#28
Throughout the existence of cryptomarket, the top coins have changed frequently... For example, in 2014-2015, the LTC was in second and third place... And some of the coins from the past top are now in 100-200-300 places! Grin

So I think that LTC is still stable as always!
sr. member
Activity: 1372
Merit: 322
July 14, 2020, 08:59:42 AM
#27
I don't think it's going to be ranked out of 10 since it is one of the most useful coin and most valueable in terms of low fee tx, also it's the best forked coin of BTC. Also, there's an announcement by Charlie that soon there will be new version of LTC with some major upgrades.
member
Activity: 196
Merit: 12
July 14, 2020, 08:56:04 AM
#26
It's possible that LTC could loss it's position soon if there won't be any news that will keep it's glory alive, things have been pretty quiet about LTC development for a while now, it's dangerous if the team decide not to do anything
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
July 14, 2020, 08:54:42 AM
#25
I think it's very difficult if Litecoin is out of rank 10, Litecoin has fans and high volume on each exchanger besides litecoin has a fast network and very cheap fees, factors that make litecoin will survive

i did not mean that LTC will not survive, it will probably, but will be out of top 10, as the trend continue, it was on position two, then lower and lower, and now it is on position nine, and it will be out from the top 10 in the future, probably out of top 20 in a year or so, since there is a lot of good projects that are increasing in value
hero member
Activity: 3052
Merit: 606
July 14, 2020, 08:27:09 AM
#24
I think it's very difficult if Litecoin is out of rank 10, Litecoin has fans and high volume on each exchanger besides litecoin has a fast network and very cheap fees, factors that make litecoin will survive
It should be based on demand and the hype of the coin, but it's true, Litecoin is a good coin, old but reliable and it might stay at the top 10 for long.
However, if it will fall, it will because there's a great competition of coins near to this coin's marketcap, but in terms of survival, this coin is already proven that will certainly survive.

https://coinmarketcap.com/



you can see the competition, it's very close.
hero member
Activity: 1246
Merit: 501
July 14, 2020, 08:17:30 AM
#23
I think it's very difficult if Litecoin is out of rank 10, Litecoin has fans and high volume on each exchanger besides litecoin has a fast network and very cheap fees, factors that make litecoin will survive
full member
Activity: 899
Merit: 101
July 14, 2020, 08:10:57 AM
#22

8. LTC - 1 year change is -57,3%
9. Chainlink - 1 year change is 125,4%
10. BNB - 1 year change is -42,7%
11. CRO - 1 year change is 73,1%
12. EOS - 1 year change is -47,0%
13. XTZ - 1 year change is 179,5%
14. XLM - 1 year change is -8,4%

so, XTZ has best performance is a year, followed by LINK and CRO, with LTC as worst performer in a year, followed by BNB and EOS, within positions around 10th on the crypto coins list
it litecoin continue droping in performance, its not impossible for litecoin out from top 10 coinmarketcap.many projects that well developted now and also have good performace in market capitalization ,so ltc team must concern on it.  XTZ and LINK be best performancer in this year due their developtment progress , especially in few months ago LINK price soar extremely.
hero member
Activity: 2282
Merit: 505
July 14, 2020, 08:03:37 AM
#21
LTC still have strong support, don't underestimate this project, it's very hard that LTC can go down under it's 7th position on coinmarketcap but only time will tell, chainlink is presently doing very well and been bullish since a month now, I won't underestimate LTC if I were you
It's better for you to check the latest news about ltc to know what problem that has already faced by ltc and that news makes litecoin has a lot of possibility to go out from top 10 cmc.
It has no funds to continue the development to built more innovation to the protocols. Litecoin will be going out from top 10 asap.
full member
Activity: 1750
Merit: 118
July 14, 2020, 07:57:28 AM
#20
It is difficult to answer at this question, as there are still a lot of big players who trade using Litecoin, and as long as this will continue, Litecoin will remain in the top 10, maybe Litecoin will surprise us with something new, although it's already hard to believe, but we will wait and we will follow Litecoin.

op isnt asking for answers because there is no question anyway so you dont need to stress yourself out for answers  . the only difficult here is to accept the fact that ltc showed some negative percents based on the evaluation of the op  . you are right that ltc is one of those favored coins in the list above  so its hard to believe that it performed bad this year  . title is only a bit missleading  because ltc is only ranked at 8 spot and not yet out of the top 10 and will never be out of it but i believe that it can rank higher in the future
member
Activity: 210
Merit: 12
July 14, 2020, 07:48:47 AM
#19
LTC still have strong support, don't underestimate this project, it's very hard that LTC can go down under it's 7th position on coinmarketcap but only time will tell, chainlink is presently doing very well and been bullish since a month now, I won't underestimate LTC if I were you
member
Activity: 1764
Merit: 10
July 14, 2020, 07:45:44 AM
#18
It is difficult to answer at this question, as there are still a lot of big players who trade using Litecoin, and as long as this will continue, Litecoin will remain in the top 10, maybe Litecoin will surprise us with something new, although it's already hard to believe, but we will wait and we will follow Litecoin.
full member
Activity: 1232
Merit: 186
July 14, 2020, 07:07:53 AM
#17
I don't see LTC losing out of top 10 position. Irrespective of what is happening now, I believe so much in LTC. I have the feelings that LTC will surge very high when it is time, it might even go beyond our expectation. We can only wait to see what will eventually happened
Think twice mate. Look at the graph and you will realize how its graph portray a bad performance compared the other coins. Based on CMC, it was in the 8th spot not 10th. But I think that's not the point here, the point is it seems that LTC is now losing its hype. BNB coin's market cap is now having a $2.83B super close to LTC's $2.84B (and Chainlink got $2.61) that's why I will not be surprised if we wake up one day and see that LTC rank down to 10th place or farther. Nevertheless, I do believe that it was still a good coin for investing Smiley.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
July 14, 2020, 07:06:29 AM
#16
But according to https://www.coingecko.com/en, LTC still ranks number 8. So it really depends on where you look at it, but nevertheless it is already losing a lot of value as ADA and LINK are making a good run. LTC is still a solid coin though, it has been in the market for many years although it doesn't have any purpose except being the "little brother" of BTC and has been used as testing ground like the halvening. So probably in the next coming months it could really be out of the top 10 altcoins.

yeah, it is hoovering between eigth and ninth position, but the trend is to go down, so i presume that LINK will go above LTC in near future, six months for sure
it is not just that LTC is a good coin/project, which i will not say it is not, but short or long term potential from some coins is much better than LTC, and that should be keept in mind for investment purposes
it is not just about losing money, because i do not think that LTC will go down in bull market, but LTC increase will be slower than other coins, which will in turn overcome LTC in market capitalization
sr. member
Activity: 1638
Merit: 261
July 14, 2020, 07:04:22 AM
#15
It's sad to see the the state of LTC which I always prefer for transaction as it's lightening speed a well as very low transaction fee but we have to understand it's a dynamic marketplace wherein there are always possibilities of new coins overtaking the traditional ones. But I feel LTC will over come the challenges and do what is required to stay on top 10 coins.
hero member
Activity: 2870
Merit: 594
July 14, 2020, 06:30:53 AM
#14
But according to https://www.coingecko.com/en, LTC still ranks number 8. So it really depends on where you look at it, but nevertheless it is already losing a lot of value as ADA and LINK are making a good run. LTC is still a solid coin though, it has been in the market for many years although it doesn't have any purpose except being the "little brother" of BTC and has been used as testing ground like the halvening. So probably in the next coming months it could really be out of the top 10 altcoins.
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
July 14, 2020, 06:05:37 AM
#13
I don't see LTC losing out of top 10 position. Irrespective of what is happening now, I believe so much in LTC. I have the feelings that LTC will surge very high when it is time, it might even go beyond our expectation. We can only wait to see what will eventually happened
It's not for this time but it's for the future. I thought that you must understand about some people have speculated if litecoin will be going out from top 10 and this time it's on 9th position, that means if litecoin can be kicking out by another coin anytime. Say bye to the litecoin.
legendary
Activity: 2282
Merit: 1023
July 14, 2020, 06:02:53 AM
#12
so, XTZ has best performance is a year, followed by LINK and CRO, with LTC as worst performer in a year, followed by BNB and EOS, within positions around 10th on the crypto coins list
There are many new coins that are pumping for a while and i am noticing Chainlink as it always goes up even when the entire market is going down and we might see more coins breaking into the top ten but the longevity is the question, i am eager to see whether these coins that are performing now will be able to do the same in the next couple of years and i highly doubt whether they will be able to do so.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
July 14, 2020, 05:28:11 AM
#11
LTC is one of the best coins in term of usage, scalability, low tx fee. It may get out of top 10 in short term but it will surely recover and regain its position. Considering 1 year change is not a good idea since the whole last two years were bad for all the other altcoin. Chainlink certainly had some updates or good news which was the main reason of such changes.
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