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- Shytoshi Kusama is the lead developer of the most popular meme-coin.
- He got trolled on Twitter by a savage reply from Litecoin.
- Litecoin was trading at the market value of $57.99 at the time of writing. Up by 5.38% during the last 24 hours.
Litecoin Nailed It!
One of the most important actors and prime developer of Shiba Inu, Syhtoshi Kusama was trolled on Twitter by Litecoin. It made a post saying that Bloomberg News should stop referring to Litecoin as the 3rd biggest crypto asset in the market after BTC and ETH. Litecoin is not among the ones who just listens and ignores. They made a wild comeback trolling the developer.
The Litecoin team gave a savage reply where they said that, “The user is right, they should refer to it as the first.” Crypto assets were witnessing their rise back in 2010s, but as of now, Litecoin is rather witnessed as the zombie coin on par with XRP and EOS. It was among the top 3 digital assets at one point, but has slipped heavily to number 20 in the market.
Litecoin Is Not Catching Much Attention
Several experts in the cryptosphere think that the asset is witnessing low user interest and demand. In spite of constant development, mining and conferences, LTC has failed to overcome its competitors. Meme-coins like Dogecoin and Shiba Inu, or SOL coin have overshadowed LTC easily over the previous couple of years, channelling the social media power and fanning international-scale hype.
Meanwhile, just a handful of people know that Litecoin is among the blockchains that have never witnessed the outage like Solana did. It also initiated the MimbleWimble extension, which assisted it in to increase privacy by hiding name of sender and number of tokens. But this resulted in the coin getting delisted from South Korean crypto exchanges.
Litecoin emerged as the solution to the persisting problems on Bitcoin. But looking at its current situation, the team must look after the supply and demand factor to get the crypto out of this zombie mode.
LTC was trading at a the market price of $57.99 at the time of publishing, uptrending by 5.38% during the past 24 hours.
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.
