Litecoin is a ‘significantly overvalued relic,’ report finds


Litecoin (LTC) is ‘significantly overvalued’, according to a report published by Texas‐based crypto hedge fund Multicoin Capital, which is short LTC.

In the report, managing partner Tushar Jain set out a comprehensive bear case for LTC, a withering assessment of the cryptocurrency, the Litecoin Foundation, and its prospects for the near future.

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