Is Litecoin undervalued or just not relevant

As long as it remains one of the main payment options at Bitpay, I wouldn’t call it irrelevant. Transaction volumes also look like they are increasing, if you ignore the spikes over a longer timeframe.

https://bitpay.com/stats/

https://bitinfocharts.com/comparison/transactions-ltc-sma7.html#3y

It may also benefit from the security gained from shared mining with Doge. Doge must be raking in some serious mining revenues with over 5 million dollars daily.

In terms of investing, it became irrelevant after Charlie Lee sold all his stake.

It should be at least $200.

Not relevant. It has never managed to stand out in the market.

Back in the mid 2010s, Litecoin was considered the silver compared to Bitcoin’s gold.

The issue is, the crypto market is flooded with coins, including many that are not useful. Litecoin has fallen behind and hasn’t really been significant for a while now.

That said, I do think we will see some price movement. I expect a rally in the coming months, but it won’t be more than many other available coins.

I have 4.5 Litecoin that I mined 10 years ago, hoping it would reach thousands someday, but that doesn’t seem likely now lol.

The question itself is flawed, so every answer might not be relevant.

It could be either one of those, both or even none.

Not relevant. Plus, the creator scammed users a few years back.

Ash said:
Not relevant. Plus, the creator scammed users a few years back.

Source?

In my view, LTC was created just for Charlie Lee to profit :moneybag:

Oak said:
In my view, LTC was created just for Charlie Lee to profit :moneybag:

I mean… isn’t that the case for most crypto projects (other than Bitcoin)?