Quote from: BayAngelo on August 16, 2021, 08:22:08 PM

honestly, with the way the current market is moving, i will say that Litecoin is stagnant. price movement has been very poor and i think long term holders might start moving into another blockchain project. Ethereum classic with series of attack on the network was still able to recover and make huge price movement. still don't understand why some token are undervalued.

I'm afraid that Litecoin won't be going anywhere. Demand is very low these days as people are focused on Ethereum and other big players on the market. These days, it's all about "De-Fi" and NFTs. If Litecoin wants to stay ahead of the game, it's going to need to innovate. Otherwise, it'll go down the drain faster than you could've ever imagined.

One thing for sure is that Litecoin is bound to adopt the "Mimblewimble" privacy technique soon. But that's not enough to make the cryptocurrency rise from the ground up. After all, most people don't care about their privacy. Adding smart contracts functionality to Litecoin would be the best way to bring people's attention into the project. If made a reality, Litecoin could take the crypto world by storm. One thing for sure is that Litecoin has faster speeds and lower costs than Bitcoin itself. A limited supply of only 84 million coins, makes Litecoin the second most scarce cryptocurrency in the world. It's really "Silver to Bitcoin's Gold". If only people used it as a store of value like BTC, things would've been much different than what they are right now. At least, LTC is still being traded on the market. As long as there's a community backing it every step of the way, nothing else matters. Just my opinion