But the founder wanted to quit his job at coinbase and retire. So he puts in 1 year of work on twitter and on litecoin development. And makes a 100x trade with his life savings.
I'm not mad, I made a ton of money on other coins. But I do feel bad for those people buying in thinking litecoin has dedicated long term prospects.
Litecoin was the original garbage pump altcoin. It was dead for years. The only reason it is not $3 is because of 1 single human being on this planet. Charlie Lee.
Good luck holding after this.