LTC was plunged down from the ATH in December by 75% just as Charlie Lee sold all of his positions. Since then there has been no wide spread adoption, or retail integration. Seems like a perfect Pump and Dump scenario.
Since then Charlie Lee stated the LTC could go to $20 and be prepared to lose in this market. I was a little skeptical that it could go that low, but here we are in the 90$ range, and 20 is starting to come closer in range.
It is intresting that there are less and less people moon shoting and people recommending to HODL. How is losing 75% of your portfolio in any market good sense???
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