Why do some people call Litecoin “digital silver”?
Charlie Lee once described Litecoin as a “lighter version of Bitcoin,” and used “Bitcoin is gold, Litecoin is silver” to explain the relationship between the two.
A halving only reduces the rate of new supply. Price movements still depend on market demand, and there is often significant volatility around a halving.
The maximum supply of $LTC is 84 million coins, exactly four times Bitcoin’s. The current price is 44.59.
If anything isn’t clear, tag me in the comments.
Charlie Lee once described Litecoin as a “lighter version of Bitcoin,” and used “Bitcoin is gold, Litecoin is silver” to explain the relationship between the two.
A halving only reduces the rate of new supply. Price movements still depend on market demand, and there is often significant volatility around a halving.
The maximum supply of $LTC is 84 million coins, exactly four times Bitcoin’s. The current price is 44.59.
If anything isn’t clear, tag me in the comments.
