Bought a bag of $LTC here.
Looks heavily undervalued vs other majors and it barely moved against $BTC.
It has no tech?
In crypto, price drives the narrative, not other way around.
$SOL at $8 was “useless”
Then they suddenly found “the tech” and it became “future of finance.”
When $PUMP was dumping, everyone also thought it was a piece of shit, even though there were already buybacks.
Then after it pumped - everyone started calling it the “future of finance” because “there are buybacks!” (same buybacks as at 3x lower fdv)
Ethereum at $1,500 was literally being compared to Nokia and sentenced to go to $0 - people said the tech was dead.
Then when it was already $3k - they suddenly “found the tech” and started calling it the “future of finance” - but the tech was exactly the same.
And Litecoin doesn’t pump this whole cycle exactly because everyone thinks there are no “tech” and that it’s just a “memecoin”.
I think with Litecoin, as another dino coin, they’ll soon “discover the tech”
My prediction is something like: insanely low FDV, fair distribution, all coins already on the market, cheap transactions - everything BTC has, just even better.
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