• Latest
Litecoin Plummets To Base Of Prime 10 Crypto Property

Litecoin Plummets To Base Of Prime 10 Crypto Property

March 25, 2021
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Bitcoin

Litecoin Plummets To Base Of Prime 10 Crypto Property

coinnewsdaily by coinnewsdaily
March 25, 2021
in Bitcoin
0
Litecoin Plummets To Base Of Prime 10 Crypto Property
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Litecoin is often termed the silver to Bitcoin as electronic gold, and strangely, the two cryptocurrencies and two cherished metals are exhibiting the same behavior the place one is lagging guiding the other.

The lack of momentum in the electronic and bodily forms of silver have saved the value of the two assets at bay for the whole new bull current market in each and every class. With no progress in Litecoin as opposed to other cryptocurrencies, the altcoin is only a billion dollars away from getting rid of the major ten cryptocurrency by industry cap status – a little something its held fairly much considering that its inception.

Related articles

5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022

“Digital Silver” Is The Altcoin That Merely Won’t Shine

Litecoin is an offshoot of the unique Bitcoin code, made in 2011 by former Google and Coinbase engineer Charlie Lee.

Much like how on a for each ounce basis gold is extra both equally extra scarce and important than silver is, there are 4 moments as quite a few complete LTC when compared to Bitcoin’s 21 million BTC.

Associated Studying | Digital Silver: Why Litecoin Is Poised To Bounce As opposed to Bitcoin

In addition, there’s a lot quicker transactions, between other rewards. Outside the house of the number of discrepancies, there is mainly similarities between them – including a tough-coded halving recurring each and every 4 decades or so.

 Litecoin is severely lagging powering the rest of crypto | Source: LTCUSD on TradingView.com

But unlike Bitcoin, that halving amounted to extremely little in terms of sustainable returns for buyers of the altcoin. The cryptocurrency is lagging considerably powering Bitcoin, Ethereum, and most other cryptocurrencies in the market place.

Also unlike Bitcoin or Ethereum and many other altcoins, Litecoin has unsuccessful to established a new all-time significant given that the bull marketplace began.

Even gold has set a new selling price history, although silver continue to trades perfectly under its. It is weird that the asset dubbed digital silver, is adhering to the path of actual physical silver so very well, as opposed to the relaxation of the crypto earth.

Uh-oh, #Litecoin. At possibility of falling out of the top rated 10 crypto belongings. pic.twitter.com/LhteOXdG9L

— tonyspilotroBTC (@tonyspilotroBTC) March 25, 2021

Litecoin At Danger Of Losing Major 10 Crypto Standing

The ongoing underperformance of Litecoin in comparison to there rest of the current market, on the other hand, could knock the cryptocurrency out of the best ten property rated by industry cap, in accordance to cost aggregator CoinMarketCap.

The animated GIF earlier mentioned is a glance again at the past 10 years or so the historic snapshots will go back again, taken from the 1st ever date, then every year each March closest to the conclusion of the thirty day period.

Each one snapshot, Litecoin is rated anyplace from variety two to ten, and just about every rank in involving. It is in no way had the quantity one location, but it is also never ever misplaced the best ten.

Related Reading through | 5 Indications Litecoin Has Bottomed, Future In Line For New ATH

But the likes of Chainlink, Stellar, and Bitcoin Income are all suitable on its tail, some inside a $1 billion striking length for making heritage for unseating Litecoin. Every of the three assets have also had a stint in the prime ten themselves.

There’s also a increasing stablecoin – USD Coin – suitable on its tail, and with a lot more stablecoins currently being made month-to-month, the probabilities of it using out the altcoin are also substantial.

Could a slide out of the top rated 10 and from grace be a fatal blow for the coin, or is sentiment achieving this deep of a low in the coin a sign that capitulation is setting in and matters may well lastly transform close to?

Specified how far driving Litecoin is, the reduced offer, several bullish technicals, and additional, the altcoin could close up shocking the environment when it last but not least does.

Showcased impression from Deposit Pictures, Charts from TradingView.com



Tags: Bitcoin
Share76Tweet47
Previous Post

50 Cent Affiliate Jay Mazini Accused of $2.5m Bitcoin Rip-off Against IG Followers

Next Post

¿Gaming for financial gain? This Ethereum based mostly protocol enables it

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building
Bitcoin

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
btc and eth will break all time highs in 2022 — celsius ceo
Bitcoin

BTC and ETH will break all-time highs in 2022 — Celsius CEO

April 21, 2022
price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
Bitcoin

Play-to-Earn Bitcoin Games: How Lightning Network Enables Gamers to Earn Sats

April 20, 2022
Load More
Next Post
¿Gaming for financial gain? This Ethereum based mostly protocol enables it

¿Gaming for financial gain? This Ethereum based mostly protocol enables it

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$20,327.00-2.80%
  • ethereumEthereum(ETH)$1,161.85-3.69%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$233.48-1.16%
  • rippleXRP(XRP)$0.341364-4.50%
  • cardanoCardano(ADA)$0.474533-2.90%
  • SolanaSolana(SOL)$36.00-7.32%
  • dogecoinDogecoin(DOGE)$0.067845-6.56%
  • polkadotPolkadot(DOT)$7.48-4.73%
  • daiDai(DAI)$1.000.07%
  • tronTRON(TRX)$0.066319-3.01%
  • Shiba InuShiba Inu(SHIB)$0.000010-7.74%
  • leo-tokenLEO Token(LEO)$5.76-0.62%
  • matic-networkPolygon(MATIC)$0.51-4.20%
  • litecoinLitecoin(LTC)$53.39-5.05%
  • FTXFTX(FTT)$25.94-4.47%
  • CronosCronos(CRO)$0.121628-3.23%
  • OKBOKB(OKB)$11.85-4.07%
  • chainlinkChainlink(LINK)$6.44-3.13%
  • stellarStellar(XLM)$0.115607-2.99%
  • cosmosCosmos Hub(ATOM)$7.54-6.99%
  • algorandAlgorand(ALGO)$0.316144-5.30%
  • ethereum-classicEthereum Classic(ETC)$15.77-5.51%
  • moneroMonero(XMR)$117.17-4.57%
  • bitcoin-cashBitcoin Cash(BCH)$105.46-6.17%
  • vechainVeChain(VET)$0.024129-3.35%
  • tezosTezos(XTZ)$1.561.14%
  • Internet ComputerInternet Computer(ICP)$5.50-5.85%
  • theta-tokenTheta Network(THETA)$1.27-5.03%
  • filecoinFilecoin(FIL)$5.57-3.88%
  • ElrondElrond(EGLD)$53.62-6.34%
  • bitcoin-cash-svBitcoin SV(BSV)$57.96-4.12%
  • eosEOS(EOS)$0.96-3.30%
  • AaveAave(AAVE)$63.39-3.22%
  • paxos-standardPax Dollar(USDP)$1.00-0.11%
  • makerMaker(MKR)$964.56-5.49%
  • huobi-tokenHuobi(HT)$5.21-2.16%
  • iotaIOTA(MIOTA)$0.282435-3.84%
  • zcashZcash(ZEC)$59.80-6.09%
  • neoNEO(NEO)$9.20-4.94%
  • zilliqaZilliqa(ZIL)$0.042141-6.64%
  • basic-attention-tokenBasic Attention(BAT)$0.380590-2.70%
  • wavesWaves(WAVES)$5.58-5.91%
  • havvenSynthetix Network(SNX)$2.32-5.98%
  • dashDash(DASH)$47.16-5.17%
  • PancakeSwapPancakeSwap(CAKE)$3.31-1.63%
  • KusamaKusama(KSM)$50.84-5.35%
  • nemNEM(XEM)$0.041026-2.87%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • CompoundCompound(COMP)$48.85-1.72%
  • ethlendAave [OLD](LEND)$4.103.48%
  • qtumQtum(QTUM)$2.96-1.97%
  • bitcoin-goldBitcoin Gold(BTG)$16.88-3.07%
  • omisegoOMG Network(OMG)$1.92-2.47%
  • golemGolem(GLM)$0.2469860.12%
  • SushiSushi(SUSHI)$1.11-3.90%
  • ontologyOntology(ONT)$0.240168-3.03%
  • yearn-financeyearn.finance(YFI)$5,836.13-8.08%
  • umaUMA(UMA)$2.63-3.19%
  • digibyteDigiByte(DGB)$0.009492-7.67%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....