How many Litekoin coins are there?

Litecoin has risen 13% in the last 24 hours, because the Rumors of the ETF in the air. With such a hypera about this coin, it is important to know the answer to an important question: How much is the Litekoin coin there?

Charlie Lee, computer scientist and software programmer on Google, introduced Litecoin (LTC) The world in October 2011 year, two years after Bitcoin was familiar with the world.

Although LTC was created using the same evidence of work (work system as Bitcoin (Btc), differs in several ways, including capacity cover, algorithms, block, transaction speed and storage efficiency.

Since Lee created Blockcakain to be a “Lite version of Bitcoin”, the LiteCoin Block processing time is 2.5 minutes, while BTC is 10 minutes. It is ideal for modest transactions, because there is also cheap transaction fees.

In this article, we will discuss Litecoin’s supply, how much is Litekoin in circulation, and potential influences LTC Owner distribution.

Overview of LTC owners

Before invested in any cryptocurstical, it is important to know whether its supply is too centralized because it increases the chances of retiring on the carpet and remove the element of decentralization – a pillar of any true cryptocurrency.

According to current data from BitinfochartsThe LTC distribution shows a large part of small owners who amount to 49.58%, and they hold between 0 to 0.001 LTC. While 49.58% is a large number, these little wallets only neglect the amounts of LTC, indicating that the main impact on the LTC is almost none.

Switching to wallets with larger farms, we can see that 13.6% of the wallet address is held between 0.01 and 0.01, it only makes up a 0.01% of the total bid. The same is the case for the next block of wallet, which contain between 0.1 and 1 LTC and make up 12.79% of the total wallet addresses, which is only 0.43% of the total supply of LTC token.

In the range of 1-10, 100-1000, 10,000-100000 and 100000-10000000 LTC coins, there are clock addresses less than 3% of the total wallet address, but these several wallets have more than 99.52% of the total LTC token amount .

From 11. February 2025, the LTC trades approximately $ 129.49 per token. The Criptocurrency experienced an Intraday of $ 131.32 and a low 113.32 dollars. The 24-hour amount of trading amounts to 1.88 billion dollars, contributing to market capitalization about 9.77 billion dollars.

How many people does the LTC own?

Due to the anonymous nature of the cryptocurnancy transactions on the BlockChain network, it is almost impossible to calculate the number of LTC owners. However, it is possible to follow more wallet addresses held by this token.

According to the latest information that has collected CoincarpIt has about 7,145,978 active LTC account owners. Although this number provides an estimate of the LTC owners, the actual number may be different, because many users can hold more banknotes, and some wallets will also belong to many cryptoms.

Top LTC brackets

According to coincarp, 38.60% of the LTC token supply was held with the best 100 wallets. Meanwhile, the top 50 holder has 28.75% of the total offer, and if we talk about Top 20 and Top 10, they have 18.64% and 14.89% of the total bid.

It is important to know how much Litekoin is available and you have to know her token supply. The total number of Litekoins is 84 million, and it is also the total offer of LTC, which means that the team cannot forged new coins in the market cannot be connected. Also, the circulating supply of LTC is 75.52 million, which is also a great sign, because only 9.5 million coins are included behind the LTC.

Influence of LTC ownership distribution

As mentioned above, most LTC holds wallets that amount to only 3% of the total user base that contains LTC, and that is not a good project. This is because if these pair of wallets sold rapids, it can create a chain reaction and a project can also be opened for potential feud.

However, it necessarily implies that the long-term potential of LTC is at risk. However, this concentrated supply ownership can create challenges for wider adoption and trust for new investors. Stadium mechanisms should be introduced to mitigate such risks, together with periods of locking and decision on management for attracting new crypto investors.

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