Litecoin Project Statement

Full Report

Litecoin Safety Report

Litecoin has a safety score of 7.47

Litecoin is a mid cap platform coin.

Litecoin is suited to a balanced investment style.

Litecoin Profile

This profile has all the the data required to perform a thorough analysis.

Litecoin Red Flags

There are currently no Litecoin red flags.

Litecoin Development Score

The Litecoin project has 38 active source code repositories.

The most recent commit was Thu, Jun 10, 2021 8:07 AM

• 1138 Watchers
• 4696 Stars
• 864 Mentionable Users
• 0 Vulnerabilities
• No commits in the last 28 days

Highlights:

extremely high starsextremely high watchershigh mentionable usersdaily repo updatesno repo stars

Litecoin Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

Highlights:

The overall sentiment is very good

Litecoin Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Litecoin?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Litecoin has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:

very good reddit articlesextremely high hashtag tweetsextremely high gitHub account watchersextremely high search result count

Litecoin Awareness Score

The awareness score indicates how well Litecoin is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Litecoin is but a good measure of longevity is how well the project is known by the general public.

Overall Litecoin this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:

very poor search result totalpoor news articles mentioning Litecoinpoor news articles directly about Litecoin

Litecoin Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:

Mature project age (released Apr 28, 2013)

Litecoin Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:

very high USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

• 404 (missing) websites
• Expired SSL certs
• Malware/Hijacked sites
• Suspended Twitter accounts
• Private Subreddits
• SEC investiations

If you spot anything suspicious/resolved then please let us know.

Litecoin Red flags

• No red flags
  No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.