Litecoin Feuds With Crypto Influencer Over Price And Hairline
Litecoin and crypto influencer Benjamin Cowen have engaged in a humorous exchange on social media, sparking the interest of the crypto community. The conflict began when Cowen criticized Litecoin's long-term price action, saying its market cap reminded him of the great recession. Litecoin responded with a witty jab about Cowen's hairline, dubbing it reminiscent of the same recession. Following this playful banter, Cowen lamented the loss of his hair while trying to persuade Litecoin enthusiasts to switch to Bitcoin. The conversation escalated, with remarks exchanged even from other crypto projects like Dash, which was told that its price action meant it lost the argument. Despite being down 73% from its May 2021 all-time high, Litecoin has seen a substantial rise of about 69% over the past year, contributing to some traders showing renewed interest in the asset. Additionally, several asset management firms are planning to launch Litecoin ETFs, hinting at a growing institutional interest in the cryptocurrency.
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