#数字资产市场动态 A recent interesting phenomenon — the third largest holder of Litecoin has sold off 1.8 million coins within 3 days, directly breaking the previous technical trend. To be honest, I still support the PoW route. Although Litecoin cannot compare to Bitcoin in terms of scale, the logic of embedding electricity costs into the coin price is indeed justifiable.

From the mining market perspective, Dogecoin has absorbed quite a bit of hash power over the past two years, and I don't deny that. But Litecoin has an advantage — it has a maximum supply cap. A halving is scheduled for August next year, which is a hard milestone.
Looking back to the bull run in May 2021, Litecoin's performance among mainstream coins was indeed at the bottom, that's a fact. But the issue is — enough long-term consolidation and aggressive sell-offs actually lay the groundwork for the subsequent market. The more intense the sell-off, the stronger the rebound energy. From this logic, it might be a good time to consider dollar-cost averaging or building a position, as the halving cycle approaches, the opportunity will be right in front of you.