Well this is very much on topic. I would like to know if anyone can answer how Monero replaced LTC at Poloniex as the second trading coin?
I could speculate (like the title of this thread asks me to do), but someone must have an answer
Monero helped save them.
In the long long ago.. in the before times...Poloniex was hacked and needed to recoup their losses. Instead of completely shutting down, they adjusted their fees and made Monero the 2nd trading pair. Litecoin was barely being used as that 2nd pair, so it wasn't much of an issue. Poloniex became *the* place to trade Monero as that's where several of our market makers were trading at. Even after bigger exchanges added Monero, Poloniex was still the king. They treated us well, and we reciprocated. Within the last year that's gone downhill as their support has dwindled.