LTC is an altcoin I've always been interested in. My interest and optimism aren't just due to its reputation as "digital silver." The main reasons are:
1. It has consistently focused on fast transfers and low fees for a decade. Although $LTC has been challenged by emerging public blockchains, it remains one of the most trusted payment currencies for exchanges and merchants. The continued holdings of institutions like Coinbase and Grayscale demonstrate its continued market value as "digital silver."
2. Compared to other altcoins that have plummeted to zero, LTC has consistently maintained its position in the top 20 by market capitalization during every bear market. Its moderate volatility makes it a valuable asset for safe-haven investors.
3. From SegWit to the MWEB privacy protocol, LTC has consistently served as a testing ground for Bitcoin's technological advancements. If Bitcoin requires new features in the future, LTC will remain the preferred testnet.
At 2:20 PM on August 4th, we detected a continued increase in holdings by large investors. At 2:28 PM, we decisively notified our followers to enter the market at LTC 111.3. We initially set a target of 117 for the contract, which reached its target this morning. The contract has already undergone a second reduction.
