New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Bitcoin = Gold,
Litecoin = Silver.
This narrative has caught my attention even more as institutional investors $LTC establish funds(.
2020–2021 Pandemic & Liquidity
Silver: During the March 2020 )Pandemic crash, it dropped to $12. Then in August 2020, it surged to the $29 - $30 range.
Litecoin: At the beginning of 2020, it was around $40. About 8-9 months after Silver's sharp rise in 2020, in May 2021, it reached $410.
The main reason Litecoin is compared to Silver is not just the supply quantity but its High Beta characteristic.
What is High Beta?
When the main asset rises, the follower asset with a lower market cap reacts much more sharply and with a higher percentage.
Silver is like a leveraged version of Gold.
Litecoin is also a delayed but sharply moving reflection of Bitcoin.