Is Litecoin expired or will explode in the future?

Litecoin, the silver currency with a long history, was created in 2011 by Charles Lee. Litecoin was one of the most popular currencies in the cryptocurrency market. After Bitcoin, not only came Ethereum and Litecoin, but at a time when Ripple was not included in crypto payment methods, Litecoin was an element Mainly with Bitcoin and Ethereum.

Litecoin was among the top 5 positions in Coinmarketcap years ago and even after the 2017 wave when the coins surged, Litecoin was already on top and reached its highest peak of more than $300 and at the beginning of this year it also broke the ATH and reached $377.

After the decline that occurred and affected most cryptocurrencies in the past months, Litecoin was one of the currencies affected by this decline, but there was a greater impact than that...

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What happened to Litecoin?

Litecoin price is now around $190 in 18th place on Coinmarketcap, and after Bitcoin's rally in the last wave, Litecoin price has not been affected much.

This makes us ask a question: Is there a problem for the currency team to start developing from it? This is not a condition, but the presence of a problem creates a state of media momentum around the currency. With the solution of that problem and the continuous development, we find that an additional balance has been added to the currency among the masses.

This is what happened with Ethereum and the continuous updates made it on the way and keep pace with the development of the cryptocurrency market.

Despite the great history of Litecoin, it did not offer anything new in the midst of the great development of decentralized financing, NFTs and others, so that the SHIBA currency outperformed it and advanced it in the center, where something new was added to the market that helps in the development of currencies, which is the media propaganda.

But despite this, Litecoin still has a positive point that it still maintains itself among the cryptocurrencies for a currency that was created in 2011, where if you look at the currencies that were created at that time, you will find that 90% of them have become extinct.

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