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Mean-reversion and reflexivity: a Litecoin case study

Litecoin is a remarkable cryptocurrency. Of the seven profiled on coinmetrics.io/mtv, its MTV ratio is among the steadiest (in our sample period of the last two years). Only bitcoin boasts a stabler market to transaction value. (Read our intro to MTV and a handy explainer.) As mentioned in our last article, useful fundamental ratios ought to generally be stable, so that price movements can be compared to the fundamental.

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