Cryptocurency market has changed. People now got attracted by DeFi and NFT - things that help them earn fortune rather than holding an outdated coin. Even Mimblewimble won't help. Privacy coins will be killed by governments. A few years ago, Dash, Monero and Zcash were really popular but where they are now? Doge coin is an exceptional piece of joke, don't ever compare any coin with it.
That's certainly true, mate. All of the attention is on "De-Fi" and NFTs right now. Most people are only into crypto to make a lot of money within the least time possible. They don't care about the underlying cryptocurrency's economics or features. Privacy coins are long lost especially because most centralized exchanges have de-listed them. I don't think Litecoin will be used more thoroughly once Mimblewimble comes into play. If developers want to attract the masses into Litecoin, they're going to need to integrate smart contracts into the Blockchain. Something like RSK for Litecoin should do the trick.
Despite Litecoin's current price, I'd say it's one of the altcoins that will never fade into oblivion. It's an oldie but goodie with a limited supply of 84 million coins. This makes Litecoin the most scarce cryptocurrency on the market after Bitcoin. People will ultimately decide whenever they'd want to buy and "hodl" Litecoin for the long term, or sell it for profit. As long as there's a community behind the project, nothing else matters. It's been nearly 10 years since Litecoin's inception, and so far there's no indication it'll go anywhere soon. The "Silver to Bitcoin's Gold" is here to stay no matter what critics say against it. Sometime in the future when crypto becomes widely adopted in the mainstream world, Litecoin will blossom. I wouldn't worry about its price as long as it remains decentralized and highly-functional for day-to-day payments. Just my thoughts
