BNB $607.00 -1.16%
XRP $1.22 -0.77%
ETH $1,794.42 +1.65%
BTC $65,806.68 -0.58%
BNB $607.00 -1.16%
XRP $1.22 -0.77%
ETH $1,794.42 +1.65%
BTC $65,806.68 -0.58%
BREAKING
Altcoins News

Activity and Use on the Litecoin Network (LTC) is Growing and Growing

Litecoin

Community Trust ScoreVerified

82%
Real
Verified38 votes
Updated 5 years ago

Litecoin Expressed:  Activity and use on the Litecoin Network is growing and GROWING: The number of daily Active Addresses is now on par with Ethereum. It is 10 years, and we’re just getting started.

This statement was supported by LTC Active Addresses and ETH Active Addresses.

Community response:  It is true there’s a lot of better coins as for now. But to be sustainable and relevant for 10 years, you just can’t ignore Litecoin. Ten years ago, there were many “better” coins also, but now they’re gone.

You are all in a dream world. LTC is going nowhere. So many better coins out there.

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So I agree that Litecoin is growing, and I have a huge bag, but daily addresses are not on par with Ethereum.

What’s, is a special use case about LTC? Basically, it’s a medium of exchange. Which history has shown is not as important of a problem as store of value.

There’s no technical resources; you can’t even copy Bitcoin anymore. BTC is gold, and LTC is silver.

I can’t wait for the next “CEO sold all his Litecoin” moment.

Charlie Lee has always refrained from buying/selling LTC before or after his major tweets.  This is something only he knows. And there will always be a doubt on whether any of his actions were to further his own personal wealth above the success of Litecoin and cryptocurrency in general.

Charlie also stated, he does not like to speculate price moves, because he was always wrong.  Also, he felt that people would become upset when he says it will go up and it does not.

Amazing, but the price, my friend. The best thing to do is to sell all your LTC for BTC right now and thank me in a year.

Litecoin ($LTC) was designed to act as a “lighter” version of Bitcoin. Using Litecoin is fast and cheap, which makes it a great option for daily transactions.

“Everybody has the will to win. But only those with the will to prepare do win.”

In terms of LTC price, despite the bulls trying to find support, a retest of the $200 psychological level is likely.

The days of record highs of LTC have to reason to come back.  Somehow, Landon Cassill will earn his pay in Litecoin.

Some are like:  Litecoin is the only cryptocurrency with 100% uptime from block 1. Flawless functionality on this scale is unprecedented. Don’t listen to the noise!

 

 

Community Trust IndexHigh Confidence
82%
Real
Real82%18%Fake
38 community signals

Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first gained mainstream attention. She covers the latest developments in blockchain technology, DeFi protocols, and regulatory frameworks for The Currency Analytics.

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