Litecoin's Selling at a Discount, Says eToro
Cryptovest
Published Aug 18, 2018 06:11PM ET
Updated Aug 18, 2018 07:20PM ET
Litecoin's Selling at a Discount, Says eToro
According to its latest market analysis of Litecoin, eToro concludes that the cryptocurrency is selling a lot cheaper than what it would be worth given the current market, going as far as to say that LTC is priced at “a massive discount.”
“According to the metrics we have analysed below, the current price that LTC is trading at could be seen as a massive discount to what it should be worth,”
the analysis said.
eToro’s reasoning behind this conclusion is that Litecoin, despite being in the same market as Bitcoin, doesn’t compete with it and instead chooses to distinguish itself as a different type of asset. It’s ligh...
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