$LTC short position taken 🚀🚀🚀
1. Basic Overview: LTC (Litecoin) was launched in 2011 by former Google engineer Charlie Lee, based on improved Bitcoin code, positioned as 'digital silver'. It is one of the early representative cryptocurrencies, focusing on fast and low-cost payments.
2. Technical Features: Uses Scrypt algorithm, requiring higher memory, supporting ordinary computers for mining to reduce centralization; block generation takes only 2.5 minutes, and transaction confirmation speed is four times that of Bitcoin.
3. Economic Model: Total supply of 84 million (four times that of Bitcoin), providing more liquidity; low transaction fees, suitable for small payment scenarios, holds an important position in the crypto market.
👉 LTC is one of the earliest altcoins in the cryptocurrency space. Last night, fans asked Xingyu whether to hold LTC long positions. After personal tracking, it was discovered that multiple large holders were concentrating on selling, so fans were advised to sell and short instead. A doubling has already been achieved near 83.7, and fans have been notified to secure profits, continuously ambushing, rapid recovery call.
