LTC.D - The fall and rise of Litecoin Dominance.
LTC was develpped in October 2011 by Charlie Lee. It has since fallen from being a top 5 market cap coin to 12th.
Even though this coin has been in a dominance downtrend for the last 5+ years, its fundamental tech has continued to improve, due to the severe lack of news surrounding this coin I truly believe this could be a major competitor for a major future pump in the crypto scene.
Many major funds have continually been investing in it (grayscale/blackrock ect) upto this date. It has ALOT of room to move up and has underperformed vastly over the past few years. The potential here is very eye-opening. In my personal opinion I see some big movements from this technology over the next few years - and that it will regain some of the former popularity and dominance it previously held.
Even though this coin has been in a dominance downtrend for the last 5+ years, its fundamental tech has continued to improve, due to the severe lack of news surrounding this coin I truly believe this could be a major competitor for a major future pump in the crypto scene.
Many major funds have continually been investing in it (grayscale/blackrock ect) upto this date. It has ALOT of room to move up and has underperformed vastly over the past few years. The potential here is very eye-opening. In my personal opinion I see some big movements from this technology over the next few years - and that it will regain some of the former popularity and dominance it previously held.
Comment:
Unsustained pump. Potential double bottom in the near future on smaller TF around 0.56, we will have to wait. Keep an eye on this.