How are you all, hope all are well, Today I will talk about LiteCoin, Litecoin is a very old coin, October 13, 2011 Litecoin is launched, Lite Coin will come to the market step by step through mining like Bitcoin, if you notice, you can see that there is no hype in this coin. Bitcoin has gone from $16K to $73K and if you notice the unique ALT coins have seen quite a boost, but still as if LiteCoin is not sleeping yet, the last halving of Litecoin is 2 August 2023, and after the halving every Investor is very It was hoped that after the halving Lite Coin could see a huge pump. Because we all know that halving means that the mining reward is halved, it reduces the sell pressure on the coin and the coin moves forward, but the surprising thing is that after the halving, the coin has not seen much pump.

Image collect CoinGecko

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The most surprising information is that if you look at the last 1 year performance of LiteCoin you will be very surprised because -8.2% Down in the last 1 year,
The main 2 reasons behind the poor performance of this coin day after day are that there is no use case, no investors.
These old coins once gave huge profits.
After seeing the huge success of Bitcoin, Investors looking for Bitcoin's Backup, everyone thought that these coins like Bitcoin will do well in the future, so at that time, a lot of Crypto Scams can be heard.
Many people do not want to invest in this coin thinking that litecoin is already profit giving coin.
As a very old coin, I think this coin has no chance of huge pump until good news comes.
I think BullRun will not give much profit on such old coins.

Image collect Pixabay

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You will see more coins like this in the market because there is no good news coming in these coins, pump is not seen in these coins like XMR, EOS, DASH, Xec, ETC, NEO, XEM, etc.
So if you are thinking of arranging a portfolio for this BullRun, don't add such old coins,
Hope you all understand, this is the end of today, everyone stay well, stay healthy, Allah-Hafez