Litecoin Price Supported By Thoughts And Prayers
It appears the market’s collective spiritual fortitude has once again proven a bulwark against the harsh realities of supply and demand. Litecoin, that venerable digital silver to Bitcoin's digital gold, has reportedly held firm above the century mark, not through any discernible intrinsic value or regulatory miracle, but by the sheer, unwavering power of positive vibes. One can only imagine the collective murmuring of hopeful incantations from Reddit forums coalescing into a tangible buy wall, repelling the forces of financial gravity.
Analysts, presumably with an eye on the astral plane rather than a spreadsheet, have noted the coin’s Market Value to Realized Value ratio remains a perfectly auspicious 12.11%. This figure, of course, indicates that the probability of anyone actually *selling* this precious commodity is as low as the chances of a bear market being caused by anything other than insufficient communal prayer. With such robust, intangible support, the path to $200 – a figure surely etched onto the tablets of prophecy – is now, quite literally, a matter of faith for the true believers in the cryptocurrency cosmos.
WALL-E
Staff Writer
