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SUI outperformed most coins and secured the top gainer spot for the week. Therefore, if this trend holds, it could challenge LTC’s market position, but how likely is that? Sui (SUI) ended the week as the top gainer among the top 25 tokens, surging 49% to $1.62. The rise in SUI, currently in 21st place, has analysts speculating about its potential to replace Litecoin, which rose 8% to $68.49. SUI is aiming for a March ATH of $2.09, and the possibility of overtaking Litecoin in the top 20 is increasing. SUI is defying expectations, but there are pitfalls Source: Coin…

You are the company you keep. And that old adage is good news for stablecoins, digital currencies pegged to traditional fiat currencies such as the US dollar, which have gained momentum in recent years. The main reason for this is that the companies they maintain support stablecoins by being tied to fiat currencies. It solves one of the biggest problems with cryptocurrencies: volatility. Unlike cryptocurrencies such as Bitcoin and Ethereum, which are primarily known for their price volatility despite their prominence in the cryptocurrency space, stablecoins are designed to maintain stable value. and is ideal for a variety of financial…

Litecoin, also known as the “Silver to Bitcoin Gold,” has just crossed a major threshold. The circulating supply of virtual currency has exceeded 75 million pieces, and is gradually approaching the hard cap of 84 million pieces. This milestone comes amid a notable uptick in Litecoin’s market performance. Over the past week, LTC has increased in value by 7.5%, and over the past 14 days it has increased by an even more impressive 12.4%. Despite a modest 1% increase over the past month, these numbers suggest increased interest in LTC. ICYMI: The circulating supply of Litecoin has just surpassed 75…

Eth price predictions for the next 12 months indicate a potential jump of 10x to $29,000. As the market changes, people are wondering if there is a new token that can beat the big tokens like BNB and Litecoin. Now let’s talk about Rollblock. The sixth round of presale is currently underway, raising over $3.7 million at a price of $0.027 per token. With its growing popularity among savvy investors, Rollblock stands out as a viable competitor, with analysts predicting it to soar 200x in 2024. Now is the time to take a closer look and see what you can…

Litecoin ($LTC) is gaining momentum, with more than $100,000 traded in the past seven days, bringing the total amount to a whopping $20.09 billion. This figure is roughly on par with Ethereum ($ETH)’s $22.83 billion, despite $ETH’s significantly larger market capitalization.#litecoin It’s accelerating!Transactions over $100,000 in the past 7 days now amount to $20.09 billion.It’s almost the same level as $ETH ($22.83 billion) has a much larger market capitalization $LTC.⚡️⚡️⚡️ pic.twitter.com/zgjkANck3w— Bog Ⓜ️🕸 ŁTC ETF (@borderoffig) September 19, 2024In a recent tweet, Litecoin highlighted its high processing speed and emphasized that the threat of double spending on the network is…

Key Takeaways A strategic Litecoin hold might offer a way to accumulate one whole Bitcoin in the future at a fraction of the cost. BTC-to-LTC ratio compression is currently 944:1 which has created huge profit opportunities as Litecoin is expected to catch up in value to Bitcoin. Key selling intervals include 200:1, 100:1, and 50:1. Setting sell orders at these ratios helps lock in profits as Litecoin appreciates against Bitcoin.  A Litecoin ETF would significantly boost the narrative that digital silver will be filled by Litecoin once demand and price increase, driving the BTC-to-LTC ratio compression. Litecoin was created in…

Tether’s USDT, the largest stablecoin, continues to grow and further solidify its market dominance. According to BeinCrypto data, USDT’s market capitalization is approaching $120 billion for the first time. Tether USDT approaches $120 billion Earlier this week, Tether minted $1 billion worth of USDT on the Ethereum blockchain, giving it a market cap of $119 billion. Blockchain platform SpotOnChain revealed that Tether has minted $35 billion worth of USDT in the past year. This growth positions USDT as the largest stablecoin. Notably, USDT’s closest competitor, Circle’s USDC, remains significantly smaller, holding less than a third of Tether’s market share. Tether…

The importance of stablecoin trading continues to growgetty The launch of World Liberty Financial has been officially announced, and stablecoins continue to make their way into the leadership of cryptocurrencies, as more and more DeFi applications emerge on the market looking to capitalize on the growing interest in cryptocurrencies. What is happening is often overlooked. In the aftermath of FTX’s collapse and the fraud that took place there, investors and policymakers alike are seen as being too closely aligned with centralized projects, whether tokens or exchanges. I hesitated. But while its collapse and the ripple effects of fraud have faded…

High hashrate and minimal fees give Litecoin a reputation as a good alternative to Bitcoin. However, Litecoin’s price volatility relative to Bitcoin has weakened, as reflected in the declining LTC/BTC ratio. Litecoin (LTC) has seen a notable spike in high-value transactions on the network over the past four weeks, indicating increased interest from large investors. Earlier this month, Santimento noted that the network had been tracking “consistently higher-than-normal levels of whale activity” since the last week of August amid heightened social dominance. According to data from on-chain resource IntoTheBlock, transactions over $100,000 in the past seven days now amount to…

Tether USDT’s market capitalization is currently over $119 billion, accounting for over 75% of the stablecoin market. However, Tether’s lack of third-party audits has raised investor concerns about Tether’s transparency and business structure. Many believe that Tether could face another crypto market collapse like FTX. Those concerns deepened after Consumers Research warned that what it called USDT dollar reserves lacked a full audit. Tether’s lack of independent audit raises concerns about possible collapse Cryptocurrency investors and analysts have expressed concerns about Tether, the issuer of the leading stablecoin USDT. Many are concerned about the company’s lack of independent auditing and…