Do you believe that litecoin is undervalued cryptocurrency?

[Lens1000]

It is often said that the Litecoin is a silver to bitcoins gold because because of some similarities but we should understand that there is a big difference between bitcoin and litecoin and the differences are very notable .

Despite the fact that there is a strong fundamentals and active development in litecoins project, the price of litecoin has not reflected in it's true value when it is compared to other cryptocurrency.

One of the major advantages of the Litecoin is it strong adoption and acceptance by among merchant and vendors. It has a very fast transaction time and it also processes a low fees which makes it a choice of so many.

 

[uptrendfinancialsignal]

The proint raised above is very important but I would like to add that litecoin as a proven track record and it has been around since 2011. This makes it a very good and one of the oldest cryptocurrency that has been in existence. The longevity of this coin and also it's stability in the market would make it contribute to the value that it has how but we must not forget that it lags behind other cryptocurrencies when it comes to price appreciation.

 

[Lens1000]

The proint raised above is very important but I would like to add that litecoin as a proven track record and it has been around since 2011. This makes it a very good and one of the oldest cryptocurrency that has been in existence. The longevity of this coin and also it's stability in the market would make it contribute to the value that it has how but we must not forget that it lags behind other cryptocurrencies when it comes to price appreciation.

The litecoin technology position itself as one of the best efficient payment solution platform because a lot of payment can be made on this platform because it's very fast and it has low transaction fee. The litecoin technology includes segregated witness and the lightning network makes it a better choice for payment solution despite the fact that it has a lot of advancement, it price does not really reflect its technological capabilities as its supposed to be and it's very visible

 

[uptrendfinancialsignal]

The litecoin technology position itself as one of the best efficient payment solution platform because a lot of payment can be made on this platform because it's very fast and it has low transaction fee. The litecoin technology includes segregated witness and the lightning network makes it a better choice for payment solution despite the fact that it has a lot of advancement, it price does not really reflect its technological capabilities as its supposed to be and it's very visible

The founder of litecoin named Charlie Lee is a well-respected figure on the cryptocurrency community and this particular man has gained a lot of traction and he has also added a lot of development and promotion in litecoin project. His presence and leadership in the crypto space should contribute immensely to growth of litecoin or it value but it still remained undervalued cryptocurrency project. The litecoin limited supply of 84 million coins should also add to its scarcity and its value.

 

[Lens1000]

The founder of litecoin named Charlie Lee is a well-respected figure on the cryptocurrency community and this particular man has gained a lot of traction and he has also added a lot of development and promotion in litecoin project. His presence and leadership in the crypto space should contribute immensely to growth of litecoin or it value but it still remained undervalued cryptocurrency project. The litecoin limited supply of 84 million coins should also add to its scarcity and its value.

The correlation of litecoin with Bitcoin is one of the things that is cited as the reason for it undervaluation. This is because people will often want to adopt Bitcoin because of it wide range of acceptance when compared to litecoin. This relationship will make investors overlook the features of litecoin and they would want to choose Bitcoin. It is one of the top cryptocurrency in the crypto market by market capitalization but yet it is an undervalued cryptocurrency project.

 

[uptrendfinancialsignal]

The correlation of litecoin with Bitcoin is one of the things that is cited as the reason for it undervaluation. This is because people will often want to adopt Bitcoin because of it wide range of acceptance when compared to litecoin. This relationship will make investors overlook the features of litecoin and they would want to choose Bitcoin. It is one of the top cryptocurrency in the crypto market by market capitalization but yet it is an undervalued cryptocurrency project.

Another important point that we should focus on is that litecoin as a digital silver that is used for everyday transactions and we should know that this should set it apart from other cryptocurrency because it has different uses in the different industries. This normally you should contribute to its value but it does not reflect in its potentials despite the fact that it is used for everyday transaction. The litecoin community has a very strong support and it also has active development and that should translate to its price appreciation.

 

[Lens1000]

Another important point that we should focus on is that litecoin as a digital silver that is used for everyday transactions and we should know that this should set it apart from other cryptocurrency because it has different uses in the different industries. This normally you should contribute to its value but it does not reflect in its potentials despite the fact that it is used for everyday transaction. The litecoin community has a very strong support and it also has active development and that should translate to its price appreciation.

If you check the historical performance of litecoin compared to bitcoin and other cryptocurrencies, you would understand that some investors view it as undervalued cryptocurrency but the past performance is not indicative of the future result and that is why the consistent presence of the litecoin in the cryptocurrency market does not suggest its full potential and the integration of the litecoin with various payment processors on different kinds of platforms like PayPal should also increase its value as well.

 

[ImamShaheb]

Not only LTC... Dunno why,but OG coins like XRP,LTC are looking like super undervalued!