Litecoin (LTCUSD)

[fink]

Just crushing. I thought 75 would be the bottom.
Is it that there are just too many coins out there?
Like every State in that nation has their own currency not back by anything but novelty and speculation? That would get insane.
Cryptos has only one advantage, it can travel with you without being in you. Great for international travelers.
This could be the biggest test for the entire crypto markets as inflation is trying cure the ills of printing 40% of our historic money supply in one Presidential term in office while protecting the bond market.
It has to implode. It might be the savior of cryptos. But it’s main flaw, what are all cryptos basing its value on. It must be backed by something? I’d rather hold 10oz silver bars.