$LTC The most outrageous thing about this old coin: people complain it’s old, but the number of people who actually use it to transfer is still not any less
LTC is now hovering around $69, and the heat has basically been stolen by newer coins.
But I checked the Litecoin official website and found that this thing still averages about 300,000 transactions a day, with an average fee of less than $0.01.
💳 It doesn’t have any AI or RWA new narratives—it's still doing the same thing it was doing over a decade ago: sending money.
On the other side, the institutional entry points are also being topped up. Grayscale is pushing to convert the Litecoin Trust into a spot ETF and list it on NYSE Arca. The SEC filings for September already have “Grayscale Litecoin Trust ETF” written in.
On September 12, Litecoin Core also just updated to 0.21.5.8, continuing to patch and strengthen the old foundation—MWEB, mining, and the node stack.
So my current feeling about LTC is pretty funny:
While others are busy writing whitepapers to explain “what it’s for,”
it’s almost been 15 years and still, every day, it’s just dutifully sending transfers😂
👀 If one day the ETF storyline takes another step forward, coins like this—old ones that the market has been嫌弃ing for a long time—may actually be more likely to suddenly show some momentum.#Bitget确认3.88亿美元资产被盗