Over the past 2 months, despite many predictions that LiteCoin (LTC) may follow the trend of BitCoin (BTC) and Ether (ETH) and hit $100 in value, LTC still stay around high $20 and low $30. Such period was kind of a disappointing moment for LTC investors who could have invested somewhere else and make a lot more money just like those who invested in BTC and ETH.
The good news is that a few day ago, Charlie Lee, the former Google engineer, father of LTC announced that he left his position as the director of engineering at Coinbase to solely focus on the development of Litecoin.
Charlie Lee had made Coinbase the most reliable and effective cryptocurrency trading platform, and a lot of LTC investors hope that he would be able to do the same with LTC. Which means that LTC would have more attractive features and the price of TLC will now have a true reason to rise.
Even though we have seen a little gain of LTC price (~$34) last Sunday, and now it is ~$31, it is too soon to make any conclusion on the growth of LTC price.
Lets hope and pray for Charlie Lee and LTC guys.
You have me interested drizkle.
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I think if you have LTC in your pocket, hold on to it because Its value will grow slow but steady.
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I have been looking at LTC for a couple week thinking it looks good for long term . That's why I like your post drizkle. I think your right .
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Yea, its been interesting looking at all the crypto hype and seeing Litecoin just kinda ...sitting there.
Litecoin and Ripple seem to be the most ignored, yet dependable women at the bar.
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Lol ! Good way to put it somethingsubtle.
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Very good post. I fully understand what you're talking about. The biggest group of uneducated investors in mankind get's a shot to determine the price of a crypto. It's an interesting world we live in. An interesting website I found: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. Check for example: https://www.coincheckup.com/coins/Litecoin#analysis For a complete Litecoin Detailed report
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