{"id":47796,"date":"2025-09-06T20:54:05","date_gmt":"2025-09-06T13:54:05","guid":{"rendered":"https:\/\/hbbgroup.net\/litecoin-feuds-with-influencer-trades-barbs-over-price-and-hairline\/"},"modified":"2025-09-06T20:54:05","modified_gmt":"2025-09-06T13:54:05","slug":"litecoin-feuds-with-influencer-trades-barbs-over-price-and-hairline","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/litecoin-feuds-with-influencer-trades-barbs-over-price-and-hairline\/","title":{"rendered":"Litecoin feuds with influencer, trades barbs over price…and hairline"},"content":{"rendered":"
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After Benjamin Cowen mocked Litecoin’s price action, Litecoin jabbed at his hairline, joking it \u201creminds me of the great recession.\u201d <\/p>\n

\"Litecoin<\/picture><\/div>\n
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A playful spat between the official social media account of cryptocurrency Litecoin and crypto influencer Benjamin Cowen has grabbed the attention of the broader crypto community heading into the weekend.<\/p>\n

\u201cYour head reminds me of the great recession,\u201d Litecoin, the 21st-largest cryptocurrency by market cap, said<\/a> in an X post on Friday, firing back at crypto influencer Benjamin Cowen after he poked fun at Litecoin\u2019s (LTC<\/a>) long-term price action against Bitcoin (BTC<\/a>) with the caption \u201cthe quiet part.\u201d<\/p>\n

Cowen said, \u201cYour market cap reminds me of the great recession.\u201d Litecoin responded<\/a>, \u201cYou could use a cap.\u201d The jokes kept rolling. Litecoin said, \u201cI call this the \u2018No need for Head and Shoulders\u2019 chart,\u201d referencing the popular bearish reversal pattern<\/a>.<\/p>\n

Source: <\/em>Benjamin Cowen<\/em><\/a><\/figcaption><\/figure>\n

Litecoin is down approximately 73% from its May 2021 all-time high of $410.26 and 67% down from its $25.89 billion market cap peak, now at $8.52 billion, according<\/a> to CoinMarketCap.<\/p>\n

However, the cryptocurrency has climbed roughly 69% over the past year.<\/p>\n

The wider community joined in on the banter<\/h2>\n

Litecoin is no stranger to humor online; the project\u2019s social media account often leans into memes and playful posts to engage its 1.2 million X followers. <\/p>\n

Cowen, meanwhile, joked<\/a> that he\u2019d lost all his \u201chair trying to convince Litecoiners to convert to Bitcoin.\u201d \u201cA small price to pay for the greater good,\u201d he added.<\/p>\n

Light-hearted social media feuds are common in the crypto industry and are usually enjoyed by the community. <\/p>\n

The back-and-forth social exchange captured the interest of the broader community, with the official social media account of cryptocurrency Dash also chiming in, commenting<\/a>, \u201cPrice chart instantly means you\u2019ve lost the argument.\u201d<\/p>\n

Source: <\/em>Dash<\/em><\/a><\/figcaption><\/figure>\n

Cowen responded, \u201cDash is down 99% against Litecoin. Why don\u2019t you sit this one out.\u201d<\/p>\n

The exchange led to some traders changing their tone on LTC<\/h2>\n

The ongoing exchange led some traders to suggest they were becoming more bullish on the asset. Bitcoin trader Tyler Durden said<\/a>, \u201cBuying Litecoin immediately.\u201d<\/p>\n

Related: <\/strong><\/em>LTC under $90: Buying opportunity or warning sign?<\/strong><\/em><\/a><\/p>\n

It comes as several asset management firms intend to launch Litecoin ETFs in the US.<\/p>\n

On Feb. 6, asset management firm Grayscale applied to the US Securities<\/a> and Exchange Commission (SEC) to list shares of the Grayscale Litecoin Trust as an exchange-traded product (ETP) on the New York Stock Exchange (NYSE) Arca.<\/p>\n

Just a few months prior, in October 2024, asset manager Canary Capital filed registration documents<\/a> for a spot Litecoin ETF with the SEC.<\/p>\n

Magazine: <\/strong><\/em>ChatGPT\u2019s links to murder, suicide and \u2018accidental jailbreaks\u2019: AI Eye<\/strong><\/em><\/a><\/p>\n