It’s 2019, and Litecoin (LTC) – the coin that has been around for more than 5 years – is still in the top 5 coins by market cap. This is interesting, as most of the projects which were this old have died and their market cap got dried, but this is not the case with Litecoin.
On the negative side, if you’re an investor of Litecoin, or planning to buy some of Litecoin, then you should definitely worry about the low development activity of Litecoin. The development activity is making new lows every month, and for the past 6 months, there has been little to no developments.
See for yourself:
The development is on a decline.
On the positive side, we should not forget Charlie Lee (the founder of Litecoin) promise of including new privacy features to Litecoin. This is something new and will pump LTC once the privacy features are implemented. Moreover, the number of miners mining Litecoin makes it more decentralized if compared with all the top coins (with an exception of bitcoin of course).