SHIB’s Epic Fail: Litecoin Steals the Crypto Spotlight! đŸ˜±

by

So, picture this: a chart pops up from IntoTheBlock, and it’s like the digital equivalent of a high school popularity contest. And guess who’s still riding the wave of coolness? Litecoin! Yes, the “digital silver” that was born in 2011, two years after Bitcoin, is still the darling of long-term investors. Who knew? 🙄

According to this oh-so-revealing chart, LTC has managed to outshine a whole bunch of trendy cryptos, including our beloved SHIB, LINK, and even the mysterious TON. It’s like watching the tortoise beat the hare, but with more memes and less moral lessons.

Litecoin: The Overachiever of the Crypto World

Now, let’s break it down. The chart shows that a whopping 77.7% of Litecoin holders are in it for the long haul. That’s right, folks! Meanwhile, LINK is nipping at its heels with 77.5%, and then we have Shiba Inu, the second most popular meme coin, strutting in with 75.8%. Not too shabby, right? But wait, it gets better! SHIB is still ahead of Ethereum (74.2%) and Bitcoin (73.3%). Talk about a plot twist! 🎉

And at the very bottom of this illustrious list? Poor TON, with a measly 3.9% of long-term holders. Ouch! That’s like being the last kid picked for dodgeball. 😬

This chart shows the amount of long-term holders across various assets👇

Which one stands out to you?

— IntoTheBlock (@intotheblock) March 21, 2025

In other news, Shiba Inu has been barking about its total number of holders surpassing 1.5 million. That’s a lot of dog lovers! đŸ¶

Meanwhile, Litecoin is not just a pretty face; it’s caught the attention of financial institutions. Canary Capital and Grayscale are all like, “Hey, let’s launch some spot Litecoin ETFs!” But hold your horses! The SEC decided to play hard to get and delayed the decision on those ETFs, along with a few others. Because why not keep everyone on their toes? 🙄

Yes, the SEC just punted on a bunch of altcoin ETF filings including Litecoin, Solana, XRP & DOGE. It’s expected as this is standard procedure & Atkins hasn’t even been confirmed yet. This doesn’t change our (relatively high) odds of approval. Also note that the final deadlines


— James Seyffart (@JSeyff) March 11, 2025

So, mark your calendars, folks! The decision is expected by October. Will Litecoin continue to reign supreme, or will SHIB make a comeback? Stay tuned! 🍿

Read More

2025-03-21 18:30