Community Trust ScoreLikely Real
Charlie Lee of Litecoin previously warned about the frenzy around non-fungible tokens.
He expressed: I see many parallels between 2021’s NFTs with 2017’s ICOs and 2013’s Altcoins: It is easy to create new ones with no barriers. It is simple to understand and explain. It brings in tons of new people into crypto. The high prices and pumps create hype/FOMO. Only a few will hold and have value; most won’t.
Udi Wertheimer felt he should create an NFT with the tweet of Charlie.
Dan Held, in response, asked, “Why are you against innovation, Charlie?”
Obviously, he was not happy about the zero cost to create an unlimited number of tokens. He, however, agreed that Justin Roiland’s NFT is unique and awesome. But was wondering what’s stopping Matt Groening or Mike Judge or thousands of other artists from creating millions of new NFTs?
And, after his criticisms about NFT, he was willing to be proven wrong. He said, “Buyers Beware.” He also stated, if this is profitable, nothing stops me from flooding the market with other Chikun tokens or even an identical Powered Chikun token.
It is very obvious that Litecoin is a no-nonsense cryptocurrency. They do not wet their feet into every new innovation in the cryptocurrency-based Fintech space.
Litecoin growth has forever been coupled with safety. Enthusiasts wish that Litecoin could be more integrated into DeFi protocols. They also wish they make more partnerships as with more partnerships; the network becomes strong.
LTC has not been going to the wrong places and possibilities, but they have been only to good places. Perhaps they are not willing to be too speculative.
About gains, not all holders are happy with LTC.
Frustrated LTC holder stated: First, create Litecoin, Then, do a lot of publicity. Finally, sell at the top and laugh over the people who bought. Am I right? What a massive achievement, btw, Congratulations on Litecoin’s 8th-year downtrend.
Are you all congratulating someone who abandoned his project by selling all his holdings at the top and leaving everyone in limbo?
Those hopeful of LTC buffered Negativity: “First they ignore you, then they laugh at you, then they fight you, and then they buy Litecoin.”
Stick on to the gaming. Congratulations Charlie. Finally, 1 Million followers. Well-deserved, and thank you for all the hard work you do in the background. Most will not understand what an ungrateful job you have, yet you choose to continue every day on behalf of the Litecoin family.
Thanks for changing the life of my family and myself. I went from being a debt slave to a free sovereign being in just 3.5 years.
