Litecoin (LTC) Extremely Undervalued and Heavily Manipulated by the Whales

Litecoin is extremely undervalued and heavily manipulated by whales. Those who are familiar with LTC long-term chart know that is poised for a massive, face-melting breakout. If not for manipulation, LTC would have traded at $1k+ last year. $1000 is definitely coming.

Litecoin Expressed:  This is Litecoin Decentralized, Scarce, Secure, Trust-less, Borderless, Immutable, Fast, Liquid, Fungible, Scalable, Inexpensive to transact, and a great store of value.

Decentralized:  In a decentralized organization, lower levels in the organizational hierarchy can make decisions.  In blockchain, decentralization refers to the transfer of control and decision-making from a centralized entity (individual, organization, or group thereof) to a distributed network.

Scarce: Scarcity in economics refers to when the demand for a resource is greater than the supply of that resource, as resources are limited. Scarcity results in consumers having to make decisions on how best to allocate resources in order to satisfy all basic needs and as many wants as possible.  Scarcity is the fundamental economic problem of having seemingly unlimited human wants and needs in a world of limited resources.

Secure: The strength of the protocol determines the degree of security facilitated by the blockchain.

Trust-less: The concept of trustlessness is a core element of blockchain, crypto payments, and smart contracts. “Trustless” means that you don’t have to trust a third party: a bank, a person, or any intermediary that could operate between you and your cryptocurrency transactions or holdings. Trustless in cryptocurrency is very important.

Borderless:  A borderless world is about distribution and enabling individuals in different locations with different expertise and needs or preferences to have similar access to information, resources, or opportunities.

Immutable: The state of not changing, or being unable to be changed

Fast:  Making transactions as quick as possible

Liquid:  Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price.

Fungible:  Fungibility is the ability of a good or asset to be interchanged with other individual goods or assets of the same type.

Scalable:  Scalability is the measure of a system’s ability to increase or decrease in performance and cost in response to changes in application and system processing demands.

Inexpensive to transact: Reasonable transaction fees.

Great Store of Value:  A store of value is an asset that maintains its value, rather than depreciating.

Community Response:  They should choose Litecoin.

However, someone who tried to be negative stated, Litecoin is not necessary for the future. Nobody cares.