Litecoin is one of the most underrated altcoins at the moment and doesn't live up to what Litecoin has achieved. must be in line and side by side with Ethereum. and besides Litecoin, in my opinion, there are altcoins such as EOS, TRX and several other old coins which should have quite high value at this time. But no one knows the exact reason why they haven't been able to follow in Ethereum's footsteps.
Litecoin is severely undervalued. Especially when it has a limited supply like BTC. With a deflationary mechanism built into the protocol, LTC should've been worth thousands of dollars (USD) by now. I guess people value "meme" coins and NFTs more than truly-decentralized and deflationary crypto projects. EOS is also undervalued considering that it's one of the fastest smart contract platforms in the world. Back then, EOS was labeled the "Ethereum Killer". But it went down as people moved on to the next big thing in crypto. This shows us that the market is speculative. It's all about hype.
Projects that are able to bring hype are usually the ones on the top ranks in market cap. At least, we have plenty of options to choose from. As long as undervalued coins have a strong community following, they won't be going anywhere soon.
