Grayscale Litecoin Trust (LTCN): Be careful. Ethe did the same thing righ...

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Re: FooBarAndGrill post# 43

Thursday, 11/19/2020 4:18:10 PM

Thursday, November 19, 2020 4:18:10 PM

Be careful. Ethe did the same thing right before it crashed to $39. The supply is probably owned by only a few people here and they will start to sell it on the open market and things will come down to a 30% premium. I'm basing this on the fact that I think this trades one share of this is equal to one litecoin. Ifim wrong about that let me know. Is one share of this backed by 3 litecoins?

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