Do you think that litecoin is an undervalued cryptocurrency?

[flower]

Litecoin is undervalued because it is used for notable financial transactions but it does not reflect in its price despite the fact that it has a strong fundamental and it also has active development. The price of litecoin does not reflect it's true value when you compare with other forms of cryptocurrencies. One major reason why litecoin is undervalued is because it has a very strong adoption and acceptance and also a lot of vendors accept it as a means of transaction. It has a fast transaction time which does not really reflect on it price.

 

[nomad]

Litecoin is older that a lot of popular cryptos yet when it comes to price value it ranks very low in terms of market cap. I believe litecoin is undervalued coin.

 

[cherry123]

Yeah litecoin is always undervalued because it has a very strong adoption and acceptance and also a lot of vendors accept it as a means of transaction.

 

[Etini Willie]

I don't seem to understand why litecoin doesn't always rise as much as other crypto like bch and others.

 

[cherry123]

Yeah I have noticed even exchangers would want you to swap.it for other coins than just accepting LTC

 

[IB D]

Litecoin is really not growing in price and even tokens like BNB that it was equal with has completely surpassed it.

 

[nomad]

Litecoin is mainly being used as a payment form instead of an asset for invetsment

 

[Clandestine]

Litecoin is not undervalued. It is just meant for payment and it is valued in that regards.

 

[eldavis]

I don't really know much about crypto, but one thing I do know is that it has a lot of potential.