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RE: Litecoin to show it's cards today!
I think LTC is definitely undervalued. Good team, good technology, good governance and faster transaction times.
In the early days of crypto, it followed Bitcoin at 1/4 the price. I don't see why it couldn't do a considerable amount of catching up in the coming months and years.
Agreed. Whereas Bitcoin has a 21 million coin cap, Litecoin has an 84 million cap. So technically, it would follow at 1/4 the price if it was as popular as Bitcoin. But, it's not. If it was half as popular as Bitcoin, it would be priced at $500 per coin right now. If it was only %25 as popular as Bitcoin, we should see a $250 per coin price. Not even close. Right now the market is saying that Litecoin is only %5 as popular/functional/usable as Bitcoin. IMO that seems way undervalued. The question is, when will the market realize how under appreciated this great coin is? Maybe not for a while. We'll see.