According to Litecoin’s founder, Charlie Lee, Bitcoin, Ethereum and Litecoin are the only good cryptocurrencies to invest in and all other coins are not so much. To support his argument he says that these three cryptocurrencies are the only cryptocurrency that is listed on all major exchanges.

On October 16th, Litecoin got listed on Gemini and became the third cryptocurrency to be listed on major exchanges. The other two were Bitcoin and Ethereum. More the number of exchanges a token is listed on, the higher it’s liquidity value.

Apart from being listed on all major exchanges, these cryptocurrencies are also supported by major hardware wallets, providing a huge amount of security as well.

Charlie Lee tweeted,

https://twitter.com/SatoshiLite/status/1055570142497665024

The cryptocurrency markets are currently in a bearish phase. Bitcoin is trading at $6474, while Ethereum is trading at $203 and Litecoin is trading at $52.20. Out of these three, Litecoin is showing bearish sentiment the most, as its weekly chart shows a downward trend.

This tweet soon became a controversial tweet though, by different community members disagreeing with Charlie Lee.

Community’s reaction

Given ten years time, who will be the top ten in cap? I imagine it’ll be significantly different from the ones now. — BABI Finance (@BABI_Finance) October 26, 2018

One person thought, Charlie Lee, was just taking a jab at Bitcoin Cash.

Funny how you keep poking in $BCH LOL — GB.NYC (@GyaanGandhi) October 25, 2018

Another commented on Charlie’s selling of Litecoin at the All-time high.

You sold your $LTC coin ATH and announced it, caused panic selling and you're the reason crypto will not moon anytime soon because of your selfish reasons (to buy low). — Anierobi Ephraim (@Ephraimbuddy) October 26, 2018

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