Recently, there has been a significant movement in the Litecoin market— the third-largest holder address sold 1.8 million coins within 3 days, breaking the previous upward trend. However, from a more macro perspective, this adjustment actually provides some opportunities for observation.



I still believe in the logic of PoW-based cryptocurrencies. Although Litecoin cannot compare to Bitcoin in status, the model of converting electricity costs into coin value is fundamentally sound. Currently, Dogecoin is taking a considerable share of mining power due to its hashing advantage, which indeed puts pressure on Litecoin. But there is a key difference—Litecoin's supply is capped, and a halving cycle is imminent. The halving in August next year is worth paying attention to from a fundamental perspective.

Honestly, since the peak in May 2021, Litecoin has performed the worst among mainstream cryptocurrencies. But market shakeouts in crypto are often like this— the harsher and longer they are, the greater the rebound potential. As long as you have patience, dollar-cost averaging or phased accumulation of Litecoin remains a strategy worth considering.
LTC1,28%
BTC2,56%
DOGE3,95%
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GateUser-4745f9cevip
· 01-18 10:07
1.8 million coins dumped all at once, how urgent does that have to be? Anyway, I don't believe there's no story behind it. Will there be a halving in August next year? If you buy the dip now, there's no guarantee you'll still be able to wait until then. Litecoin has really been underperforming in recent years, but sometimes things that get knocked down present the biggest opportunities. Dollar-cost averaging is quite steady, but you need patience, and that's definitely true. The PoW logic is sound; the problem is, Dogecoin's hash rate is so strong, how can LTC compete? This wave of adjustment is said to be an opportunity, but it could also just be big players cutting the leeks. I believe there is a hard cap on supply; at least it won't be infinitely inflationary. It's good if it can hold until the halving, but I'm worried it might not hold.
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SerumSquirtervip
· 01-18 08:16
1.8 million coins dumped, Dogecoin's sneaky move is really impressive, LTC is still murmuring to itself Next August's halving is just a story, it all depends on whether retail investors believe the nonsense Such a thorough shakeout, yet some still dare to dollar-cost average, their courage is truly bold If those big whales are so hardcore about selling, we're still here analyzing the fundamentals After reaching the peak in 2021, it has fallen to this level, any talk of a big rebound is just self-comforting
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FreeRidervip
· 01-16 16:03
1.5 million coins are still so calm under pressure, how confident must they be? --- Reducing production in August next year? Alright, I’ll stock up first and see. --- Dogecoin抢挖矿流量 this matter, Litecoin has indeed been sidelined. --- Is this sharp decline an opportunity? I think that logic is a bit far-fetched. --- Here comes the old investment routine again, typical of the old crypto circles. --- Hard cap on supply is indeed an advantage, but we still need to wait for the reduction to prove it. --- Since the peak in 2021 until now, who can hold on this long? --- Major holders of the coins have run away, and now you want us to take over? --- PoW logic is fine, Litecoin is just holding on to its presence. --- Breaking the support and still boasting about dollar-cost averaging, your mentality is really top-notch. --- Hard cap on supply sounds good, but the market doesn’t buy it. --- Big rebound space? Nonsense, I think the space for trapped positions is huge.
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MetaverseMigrantvip
· 01-16 01:53
1.8 million coins dumped, are you scared... just wait for the production cut in August next year.
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quietly_stakingvip
· 01-16 01:44
1.8 million dropped without crashing, indicating that the bottom is still quite stable. Wait, reduction in production next August? That date definitely needs to be marked in red. LTC has indeed underperformed in recent years, but its fundamentals are still there, and it's more conscientious compared to some meme coins. Keep some for regular investment; anyway, idle money has nowhere to go. The dogecoin mining race is really annoying, but LTC has a solid cap, so there's nothing to fear. I think this wave of decline is actually a signal to get on board.
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GasFeeNightmarevip
· 01-16 01:39
1.8 million coins sold, this move is quite aggressive, but honestly, I've been waiting for this LTC shakeout for a while. Reducing production in August next year? Then hold tight, Dogecoin can't match the supply squeeze. After all these years, still betting on the value transformation of PoW, which shows I haven't given up. It's the old routine of building positions in batches, but it's definitely worth pondering. From lying flat in 2021 to now, it's time for a rebound, right? Otherwise, what are we waiting for?
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MerkleMaidvip
· 01-16 01:39
LTC's recent sell-off is actually an opportunity. The halving in August next year is just around the corner. Dogecoin's bloodsucking? Don't worry, LTC is holding strong. It's been really tough since 2021, and the rebound potential is indeed high. I'm considering dollar-cost averaging. This round of harsh correction makes me feel the bottom should be near. LTC has been neglected for so long; honestly, it's time for a turnaround.
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ProofOfNothingvip
· 01-16 01:37
1.8 million coins were dumped in just three days, a mouse trap run? But that's also good, giving us a chance to take over. The production cut expectation is real, whether we can turn things around by August next year still depends on market sentiment. Litecoin has indeed been overshadowed by Dogecoin these past two years, but it still has confidence due to its capped supply. Don't worry, hold patiently. Wash trading is just a way to mess with people. Wait, is the third-largest address really an institution or a whale putting on a show?
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NewPumpamentalsvip
· 01-16 01:25
1.8 million coins dumped, that takes a big heart... But cheap goods are usually like this, right? Reduction in production next August? I want to see if it will turn into another big sheep-cutting show then. Litecoin has really been overtaken by Dogecoin, which is the most embarrassing part. Dollar-cost averaging sounds easy, but sticking with it is the real challenge. I bet you all will die before dawn. The tactic of hard cap supply is indeed worth some money, but the premise is surviving until next year. The idea of a large rebound space has been heard several times... but I still couldn't resist buying a bit more.
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