Do you think litecoin is undervalued?

[magnus2022]

Litecoin have not reached its expected value. I continue to wonder what is actually holding litecoin down. Litecoin have limited supply of 84 million coins. The limited supply suppose to make the coin to have higher value. Secondly, litecoin have 10x better transaction capacity than bitcoin. Litecoin have high acceptance among cryptocurrency enthusiasts

 

[riberet19]

You have to understand Litecoin, this chain is mainly used to make transactions and convert that money into Bitcoin to save commissions and not transact in Bitcoin, that is why people do not usually hold Litecoin, it is a currency of exchange and for transactions.

 

[AruneBend]

I do not know much but it is one of the most popular crypto so I do not think it is undervalued

 

[King Belieal]

People don't hold much investment in Litecoin. That is why it has not really shot up in price.

 

[Nomad]

Litecoin is good for payment but not for investment. You can check the price history

 

[mrki444]

It have potential but biggest problem is not being on main networks like BSC or bitcoin blockchain. From that reason, swap between LTC and other coins is expensive.

 

[Stardom22]

That's why l would only prefer bitcoin investments for that reasons. It's very simple and have the potential to increased prices.