Walmart-Litecoin Partnership: A Good Example Of Falling Into Trap


Walmart just anounced partnership with LTC(LiteCoin), breaking this major news, and being one of the steps of mass adoption. This news provoked a major upside of LiteCoin price:

9e544068f42176e3f836ab6b6db9d2ed73cc210a15530fb61c1eb8e91747c347.png

In a rather unstable market, with slow(and for the most part - negative) movement these last weeks, LiteCoin is up 40%. Sounds too good to be true? Well, it's because it's fake. Fake twitt provoked all of this, and when buyers found out, the price went down hard:

b7438f162275ef82295111cf8df35e9249d136af43a6281fece8234ddd4db240.png

This is rather poetic, if not outright funny. Maybe, one day we will see a market that is not controlled by Elon Musk's emotions or pump and dump schemes or fake news. What do you think?

f73a8896e621912161454c75f559758e9371e282b53a86ee62fee604538bae03.jpg

How do you rate this article?

31



Random Crypto Stuff And Mine Experiences With It
Random Crypto Stuff And Mine Experiences With It

Crypto journey of an inexperienced hodler, starting in 2021.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.