The current $LTC valuation makes no sense.
But despite it makes no sense, it's probably the biggest opportunity in crypto history.
While Bitcoin sits and $60,000 currently, Litecoin is worth $42.
Bitcoin max supply is 21M while Litecoin max supply is 84M.
And yes, fixed supply doesn't mean that price should be 1:4 directly, but the LTC blockchain follows the same mining halving mechanism BTC has.
And Litecoins network activity is around 40-50% of Bitcoins today.
I mean, Zcash for example has a valuation of $380 at the moment but Litecoin does 60x more daily transactions.
LTC daily transaction count: 170K
ZEC daily transaction count: 3K
And on top of that Litecoin has:
- MWEB privacy integration
- Treasury Companies
- Strong Community
- LitVM ecosystem
- ETFs
...and much more to come in the future.
We can see the current price action as a gift, because it's written in the stars that this undervaluation can't last much longer.
The Canary Capital Litecoin Spot ETF ($LTCC) is the world's first ETF with ties to privacy. Litecoin's opt-in privacy addresses allow anyone to have the basic level of privacy we all deserve. Not only is Litecoin a Store of Value, one of the most used payment options globally, and 100% uptime throughout its existence, it is the only legacy cryptocurrency to do all of these with zero VC funding and a fair launch through Proof-of-Work.
If you truly want money that is spent by you, mined by you, and stored by you, look into the digital silver of crypto. Look into Litecoin.
$LTC
All for the greater good.
My bet on #Litecoin is quite massive for this cycle. This is the final coiled-up move before we start breaking into levels people once thought were impossible.
7-year accumulation in the making, and people are turning a blind eye on it.
I just got back from an hour long walk. When I left, LTC was at $126 and when I got back I saw it dropped to the 50’s now it’s already back above $100 what is going on? 😂
JUST IN: Bitcoin Maximalists take Litecoin creator’s, Charlie Lee, interview out of context, fueling a Litecoin smear campaign.
With near zero transaction fees & 100% uptime, Bitcoin influencers fear Litecoin as the better Bitcoin.
Litecoin’s Current Market Cap: $9.18 Billion