The idea of making a new Crypto by dividing the litecoin block chain was successfully completed last weekend without a technical failure, but the market is not very keen on this new Kino.
Litecoin cash (LCC), currently traded only from $ 3.5, is worth almost 2 percent of the price in the official litecoin project. Litecoin has the world's fifth largest Crypto money and a volume of $ 800 million.
In relation to the price movement, this is followed by the beginning of the low price.
The LCC opened at around $ 1.40 and increased to$9.25 on February 20, which means a 560 per cent increase compared to the cocinodex (one of the only sites providing data for this project). Even if litecoin benefited from this rise, investors opted to gain post-division earnings before copying their block chain and offering free token to anyone with litecoin.
However, despite its current mass, no major stock market was announced to support the ICC.
It is not yet officially integrated, even if there is information that litecoin cash will be traded on Mercatoc and Trade Satoshi exchanges on the site.
It seems that the choice of names is the biggest factor that kept them behind. Charle Lee, the Creator of litecoin, first appeared in criticism, even developers of Litecoin cash agreed that the meaning of the name was chosen to attract attention to them. (The use of the word cash reminds users of bitcoin cash, produced from bitcoin, which leads to a huge margin on the project's technical roadmap)
Will the leaders in the crypto market be delighted with the LCC, or will we be able to experience the experience of Bitcoin gold (another Crypto that is very little affection among investors) again?
But it seems to be a koin that has already been forgotten and emerged as an aspiration.
