Is LTC dead?

[Rabbitqt]

Well now we are getting closer to the bitcoin halving in now a few days. And Litecoin does show us some signs up volatility around this.

There is on chain metrics that does support a big increase before the halving.  https://ambcrypto.com/making-the-case-for-litecoins-breakout-before-bitcoins-halving/
 

It always does, it's price movement is usually very tied to BTC.

[siedemtrzy]

It's not dead, but it's not in the best position. If nothing changes, most likely it will die with time. It was actually one of my first coins.

[EarnOnVictor]

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?

Litecoin was one of the few coins I had my eyes on when I newly discovered cryptocurrency and I used it in place of Bitcoin for many years to make payments and receive money. And the fact that it was so convenient to do that, I believe that it was a voice to reckon with, especially by the status of the second cryptocurrency ever created. But this coin refuses to live up to expectations, and I think it's because of the too-much similarity to Bitcoin. Everything you see as improvements in Bitcoin will quickly be replicated in Litecoin. The scalability is another issue, we can't compare it with the likes of Ethereum, BNB chain ecosystem, and Solana among others.

Well, if it can break away from copying Bitcoin and improve its scalability, anything can still happen in the future.

[SeriouslyGiveaway]

Litecoin is not mentioned as much as before because nowadays there are too many new Altcoins launched with new stories, so it is completely normal for a long-standing Altcoin like Litecoin not to be mentioned much. The Litecoin halving event has been over for a while but not many people have mentioned it.

However, in my personal opinion, Litecoin cannot die, because it is currently traded on many major exchanges with large and stable volume, and its capitalization is also among the top coins which has large market capitalization. It's not easy for such a large Altcoin to collapse, it's just that Litecoin no longer has many attractive stories and is suitable for the current period. You can look at the Luna coin, it is clearly a scam Altcoin, with the founder being arrested but it is still alive and still being traded, there is no reason why Litecoin can die.

Besides, Litecoin is still used for payment and transaction purposes everywhere in the world with faster speeds and cheaper transaction fees than Bitcoin, and the mining community of this coin is still very large. Another important thing is that this is a mining coin, currently there is no one behind managing it but belongs to the community, so the possibility that Litecoin is not considered a security is very high next to Bitcoin, helping Litecoin investors can rest assured not to be sued by the SEC.

[Volimack]

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?

It is not easy to predict the future of currencies in the crypto world, many altcoins are doing well after ETF approval. Litecoin holds promise as a long term investment Litecoin is not dead. Its strong technological base active development community and widespread adoption contribute to its growth potential.

[Helena Yu]

Define dead.

IMO LTC is not dead, it's always fine because there are no CEX delist it, still on top 100 coins, and the price relatively stable.

I'd say a coin is dead if the coin didn't include in all three criteria I mentioned above. Just like LUNA and UST which used to stay at top 100 coins, but went below 100 ranks right now.

[andyou1234]

I think altcoins like LTC will never die in the crypto market even though their prices and interest have decreased slightly, because litcoin is one of the altcoins that has enormous popularity and potential in the crypto world, where up to now LTC is still ranked 19th in the CMC At a price of $81.05, in my opinion LTC is just behind the trend of new coins which are currently booming, I'm sure that gradually everyone will prioritize LTC again because this coin has great potential.

[kawetsriyanto]

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.
Is Litecoin dead in your opinion?

Litecoin is still one of the top 20 coins if you checked carefully in CoinMarketCap. It basically remains a famous coin, there is no big change in the popularity of this coin. If its position dropped, it is normal because of the competition among other top coins. I think it may raise again its position someday if there is a new innovation in this Litecoin. So, it is strange if you said it is dead already. Besides those reasons, Litecoin is also still listed in varied top exchanges in the world. It means there is still a lot of people who trade or invest in Litecoin.

By the way, the coin is still alive as long as the coin is listed in an exchange. It is dead when there is no people who trade it and it is listed no where.

[Sophokles]

Peoples are not talking about a project that doesn't mean its dead. The focus has been shifted to some other narratives and as ETH is dominating the altcoin market, most of the discussion is evolving around ETH and any project or concept related to ETH. Even if LTC doesn't get any headlines, it will still make a positive ROI for its investors as it is still widely used in the online payment network as an alternative to payments in various marketplaces. But from a investment perspective, i don't think LTC is a golden coin anymore.

[MAAManda]

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?

Not a single old project has survived until now it has become a dead project. Apart from that, what is the meaning of a dead project or a dead coin in your opinion. For me, a dead project or dead coin is a project/coin that has been abandoned by the developer, there are no project updates and also the price of the coin/token tends to stagnate and decrease periodically.

Then compare the definition I have with the current state of the Litecoin (LTC) project, does it really look like a dead project?