Post
Topic
Board Altcoin Discussion
Re: Which old coin do you prefer? Litecoin or Dogecoin?
by
fullhdpixel
on 21/10/2023, 18:40:03 UTC
Among the good-old coins listed on the market today, which one do you prefer the most? Litecoin or Dogecoin? The former is often used for serious cross-border payments at a fraction of the cost, while the latter is used more for micropayments/tipping. Despite these differences, it's no secret that DOGE is faster and cheaper to use than LTC itself (Dogecoin's block time is lower than Litecoin's, while market prices are cheaper). I'd choose both as they're tried-and-tested blockchain networks with decentralization and security/reliability in mind.

What would be your pick? And why did you choose that coin in the first place?
I don't use altcoins for cross-border payments or tipping or anything, and I just use altcoins for trading which is the reason why I prefer Litecoin over Dogecoin because I believe Dogecoin doesn't have any organic growth, and by organic growth, I mean that it doesn't grow on its own unless it is hyped by an individual like Elon Musk or by its community, and a normal cryptocurrency wouldn't be like that. Altcoins should be able to go up and down sometimes organically.

So, this is the basic reason why I prefer Litecoin over Dogecoin. Otherwise, I know that Dogecoin has a lower block time and transaction fee and its blockchain isn't that bad, but at the end of the day, it's a meme coin and we all know that meme coins mainly depend on community hype for them to gain value.