Litecoin Trading Volume Is on the Verge of Overtaking Bitcoin
The 24-hour Litecoin trading volume is edging close to overtaking that of Bitcoin, as traders and developers investigate alternatives to BTC's backlog, while fears of a pump and dump rise. Following a 24-hour jump of 21.21%, Litecoin sits at only US$800,000 of trading volume away from overtaking Bitcoin as the most traded digital currency in July 9 trading. The volume has quadrupled in the last week to its current US$40M figure. On July 2, 24-hour trading volumes stood below US$10M. Speaking to CoinTelegraph, Litecoin founder Charlie Lee detailed some of the technical differences that may....
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Litecoin just shed nearly 40% of its value in a matter of minutes. It's understandable, seeing as Litecoin gained more than 200% in a matter of days. "The original altcoin" is also experiencing tremendous turnover, overtaking bitcoin in 24h trading volume (USD) for a time this morning. While the currency seems to have stabilized around $6.50/LTC, volatility is still very high and it make take some time for the market correction to play out. Litecoin in free-fall. Bitcoin has not experienced any action that appears to coincide with the Litecoin crash. It seems the crash is isolated to....
The interest in cryptocurrencies continues to wane in 2022, as does Litecoin’s popularity. The trading volume of Litecoin was eight times lower in the first quarter of 2022 than it was in the first quarter of 2021. For example, the trading volume from January to March 2022 was around $82 billion, 87% less than in Q1 2021. In the first quarter of 2021, the trading volume was $674.9 billion. Litecoin (LTC) trading volume crashed by more than $590 billion in quarterly comparison. Related Reading | ApeCoin (APE) Is Now The Biggest Metaverse Token, Edging AXS, MANA, SAND The sharp....
Litecoin, the original altcoin, was created in 2011 and is very similar to bitcoin in all but a few aspects. Intended to be "The silver to bitcoin's gold", Litecoin has surpassed bitcoin in daily trading volume (USD). Coins ranked by Market Cap. A few takeaways from the chart: Litecoin's 24h trade volume is nearly $8m more than bitcoin. Litecoin has surpassed Ripple, nearly overnight, to reclaim it's spot as the second largest coin. Litecoin is experiencing rapid growth, more than doubling in the past few days. Litecoin and bitcoin have both experienced rising prices amid the Greek debt....
Following an unprecedented day of trading for Litecoin at a higher daily USD volume than bitcoin, suspicions of a ‘pump-and-dump’ scheme in China have arisen following a correction in price. Just before, Litecoin has gained fifty US cents to a full US dollar in value - tantamount to Mazda selling more cars in a day than Toyota. “I think Litecoin is still very complimentary to Bitcoin — silver to Bitcoin's gold if you will. Because Litecoin is an altcoin and a much smaller market cap, the Litecoin price is extremely volatile. So when the crypto currency market is crashing, it gets hit a lot....
In a major price surge, Dash has nearly doubled market cap over the last month, overtaking Litecoin and Monero to become the fourth most valued cryptocurrency. This week one year ago, Dash was the #7 ranked cryptocurrency with a market cap of about $23 mln. This number grew steadily over the course of the year, finishing out the year with a market cap of $69 mln and maintained #7 ranking. Over the course of 2017 so far, however, Dash’s growth has significantly picked up steam, exceeding $100 mln over January. This month Dash has risen to a nearly $200 mln market cap, currently with a value....