Post
Topic
Board Altcoin Discussion
Re: What about Litecoin?
by
RealMalatesta
on 03/06/2021, 12:23:22 UTC
Dogecoin didn't go out and ask Elon to promote doge, nobody did, it wasn't really something people could do, you could reach out to Bill Gates today and ask to get litecoin promoted and you will get absolutely nothing at all. Which is why I think it is quite important to realize it was all organic and it got hyped, hell even if Elon promoted doge it may not be interesting to anyone and could have gone unnoticed who knows, it is a lot of luck involved.

Litecoin may not have something like that at all, litecoin was never something too hyped or too loved, it is something old and has been around for a long time, probably oldest coin after bitcoin that is still at top 20 levels, and that is why it is getting attention, otherwise it is totally useless. Hell even the creator or founder or whatever he is Charlie ended up selling his litecoin when it went up, that's how much it is cared.
The truth is, there needs to be something that attracts people to some coin, there needs to be a characteristic about that coin or token to get promoted. Doge was a "meme" coin and basically it was a fun thing, it was funny and quirky and that drove people to it, it is totally useless and worthless coin that should worth nothing more than 1 cent, but as we can see it is going up constantly because people find it funny and entertaining and it gave them a group collective thing to do.

Bitcoin, ethereum, bnb, all those coins have something about it. The thing is, even if you do not ask someone to promote you, if you have nothing to be promoted then obviously you are not going to find anyone that will promote you. This is why I think it is quite important to realize we are not going to get any promotion for litecoin, it is getting worse and worse.