Because Litecoin was designed to be a payment cryptocurrency, its costs must be kept low.
Who wants to pay a one-dollar charge for a five-dollar item?
Fees were always modest, but an upgrade a few years ago reduced them much further; they are now practically non-existent.
It is for this reason that LTC has a daily market cap; people are utilizing it for what it was created for: inexpensive and rapid transactions.
I exclusively use LTC when moving funds from one exchange to another.
And has the advantage of being widely adopt on the crypto space. Coins like BNB may charge less fees, but is being used by a fewer places.
incouni, take a loot at the daily volume traded. LTC is far from dead.
LTC is listed on every exchange so it will have high trading volumes. But then again so does XRP and Dogeā¦ it doesnt mean anything
LTC has been one of the worst performing coins YTD despite always being top 10 in trading volume. Even XRP has outperformed it.
So I think that even strengthens my argument about LTC and its future. Dropped from 5th to 15th in mcap and now sitting at 12. New projects will come in and overtake it. Its just a sad but true reality
But do you even trust XRP? I would never put my money on it.
Depends what you consider āperformanceā. If youāre looking to day trade then you have lots of options. If youāre looking to create a global financial instrument for the people of the world, thanks Litecoin is attached to a Falcon 9 engine!
Theres no way you will hold LTC forever unless your average buy in was below 20 dollars. Knowing it crashes 90%+ in every bear marketā¦
People will sell the moment they can. But also Bitcoin describes what youāre saying to be honest.
Sorry @incouni , this is a Litecoin forum. There are lots of people here that actually Loves LTC.
People had said that we should not invest in Litecoin, called shitcoin, said bad things about Lee regardless of his commitment, and YET we are still here.
To be honest, LTC price is quite low, I see as a discount and I am buying more 
And also I am giving 1 LTC away, not because I donāt need it, but because I do see value on LTC community. GET YOUT IDEA OUT OF THE PAPER AND WIN 1 LTC! #LITECOIN Hands-on Campaign
For the record, my average ābuy inā is not calculated on USD rather on BTC.
Who cares how many USD I spent? From my point of view, I just made some bargain buying more LTC.
Iām wondering why are you in this forum. Iām all in for good arguments, but these stupid comparisons based around momentary prices are not adding much to the conversation.
My arguments make perfect sense. You just are so brainwashed thinking LTC is so great without refuting anything Iām saying. How did this cult even start?
Most people here are not āin it for the techā its just larping and defending this coin blindly. My arguments are good you just are so invested you dont care to listen
Do you really think this is just brainwashing?
you are completely misunderstanding what Iām saying or dont even understandā¦ What even is this screenshot? Showing me a days change in market dominance? Why dont you do the same from 2019 until now. Thats my whole pointā¦
I see your point. What I am trying to argue is that we saw a huge decline since 2019 (and you are correct), but the trend is reversing. We saw that on XRP, and XRP didnāt even had a āmomentumā in 2019 as did LTC. We are getting there, just stick to the charts.
Lol. You two keep talking about the price like that matters the most.
Well, Iām most definitely not here for earning money. Then I would have Elon-traded doge with some simple algorithm.
And I donāt freaking care about market cap rankings, because they donāt matter. Really? A few new stable coins and āEth-killersā come and we freak out from dropping positions? Wtf?
I looked back, and here are some coins who have been higher than LTC in terms of market cap during the past 4 years:
NEM, ETC, EOS, STELLAR, DASH, BSV. Who cares? The current new contenders? Letās see them 5 years from now. 
And Iām pretty far from being brainwashableā¦
Keep commenting about the price here, bashing LTC, I donāt care. Your time.
ā Nevermind. LTC is strong and will start to outperform others. ā you sayā¦
ā You have been brainwashed. LTC is doomed. ā they reply.
ā Ok. ā you think.
After loooooong 4 hours, market repliesā¦
Noobs have no clue and just buy what is shilled by some influencers / celebrities who have no clue neither.
Itās been like that in 2017 ā¦ these noobs end up losing lots of money with those coins as they have little to no value / utility.
Just read how Dogecoin works, what the economics are. It is a copy of Litecoin with a huge unlimited supply where the miners hold the majority of the coins pumping it to dump it onto noobs.
Elon Musk had confessed he mines it with his kids. Hence he pumps it to dump it. Guess his kids must be filthy rich by now ā¦
MWEB has been to slow to be released. Yes, I know its a big release and code-review takes times. I am a long time hodler of LTC but even I have begun to lose faith. Iām hodling through the MWEB release(until end of year essentially) and then Iām done if we get no positive reaction. I guess I would expect any ramp up to happen before the releaseā¦by how many months I donāt know.
Come-on, as much as I donāt like Elon Musk, the Doge-mining part is dumb.
Doge is practically only mined by LTC miners via merged mining. Most miners were dumping it until recently, I guess. Elon simply showed his kid how to set up a miner, thatās it. Do you really believe that they have any significance on the LTC mining scene? No, they donāt. Elon Musk is stuffed with government money, I donāt think he needs the doge money. Still he might play market. He is a smart billionaire with some mental difficulties and a lack of empathy. My expectations are not high.
The unlimited supply argument never suited me against doge. It now has a well-defined issuance rate, which represents a certain inflation value that diminishes over time. Thatās perfectly fine. Yes, it has infinite supply in infinite amount of time. Who cares?
I donāt like what is happening around doge. But it is still a better form of money, than most other cryptos. And that tells a lot.
Do you really believe that we are at the point where the market understands the significance of fungibility?? If there will be a reaction, it will be simply due to hype and not because of the marketās understanding. This is a much longer game we are playing here. These changes will be important many years down the road.