Litecoin posted a post on X to "clear its name":
"I have run and tested multiple development improvements to Bitcoin.
I merged mining with other chains for protection.
I worked with other L1s to advocate for PoW.
I have experienced more than 30,000 'projects/tokens'.
I added optional privacy for better 'money'.
At my last summit, there were at least 4 other chains as speakers/panelists.
I was always considered for Paypayl, Venmo, Grayscale, Fidelity, etc. before 99% of the market projects.
My users, transactions, and utility are all growing, most of which have been achieved in the past 36 months.
All of this has been running perfectly for more than 13 years.
Do you want to repeat that I am worthless and lifeless like a tribal parrot?
I will spend the life cycle of garbage promoted by many people here to make a quick buck.
Why? Because I am transparent, solve real problems, have a hard cap, and am completely decentralized. I have 13 I have been supported by a loyal community of people for years who know why I matter. .....not just for them, but for you too, even if you laugh at me.”