I think he has already spent that profit he's made after selling at the top. Litecoin's ATH last year was just the same when he has sold.
Maybe but the internet doesn't always forget about an issue like this and for the record, some people still consider his habit a scam.
there's still a chance by now that it's still one of the top 10.
Technically, LTC is one of the top 20s, and the competition in the crypto market is different from 4-6years ago. The only way LTC can claim the top 10 spots will be if they introduce something unique into the market which will solve some problem in the market or if the LTC dev team raised an army of shillers just like this Shiba inu coin team does.
If he's still there, I'm sure that he's able to maintain it on the top 10 but not anymore today. I don't think that the team will still do something like that after all the swings that it has made.
According to CMC, Litecoin currently holds 22 spots. For the advertisement I stated above, I said it because thats the strategy 96% of all altcoin use this day.
As we look at its reputation and longetivity in the market, it's still showing a strong volume.
That's why it may not be a good investment for some but for its utility being used for transactions, I think that's what is holding its ground.
I agreed and that's why I hold a couple of it but 95% of crypto enthusiasts these days are after profit and always flock to the most profitable or hyped coin.
We're all for the profit. Whatever we find in the market, that's what we think.
Yes, making a profit and not missing the future opportunity is the major reason for investment but most crypto investors ignore the technological or fundamental, utility and use case aspect of a project before flocking into a certain coin for profit.