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

So, picture this: a chart pops up from IntoTheBlock, and itā€™s like the digital equivalent of a high school popularity contest. And guess whoā€™s still riding the wave of coolness? Litecoin! Yes, the ā€œdigital silverā€ that was born in 2011, two years after Bitcoin, is still the darling of long-term investors. Who knew? šŸ™„

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. Itā€™s like watching the tortoise beat the hare, but with more memes and less moral lessons.

Litecoin: The Overachiever of the Crypto World

Now, letā€™s break it down. The chart shows that a whopping 77.7% of Litecoin holders are in it for the long haul. Thatā€™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! šŸŽ‰

And at the very bottom of this illustrious list? Poor TON, with a measly 3.9% of long-term holders. Ouch! Thatā€™s like being the last kid picked for dodgeball. šŸ˜¬

This chart shows the amount of long-term holders across various assetsšŸ‘‡

Which one stands out to you?

ā€” IntoTheBlock (@intotheblock) March 21, 2025

In other news, Shiba Inu has been barking about its total number of holders surpassing 1.5 million. Thatā€™s a lot of dog lovers! šŸ¶

Meanwhile, Litecoin is not just a pretty face; itā€™s caught the attention of financial institutions. Canary Capital and Grayscale are all like, ā€œHey, letā€™s launch some spot Litecoin ETFs!ā€ 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? šŸ™„

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 deadlinesā€¦

ā€” 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! šŸæ

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2025-03-21 18:30