Kriptonun forgotten child #Litecoin again at critical support. 🧐
We have previously seen significant upswings every time we entered these zones.
Could it be #LTC's turn again? https://t.co/7w59fV5Uoh
Kriptonun forgotten child #Litecoin again at critical support. 🧐
We have previously seen significant upswings every time we entered these zones.
Could it be #LTC's turn again? https://t.co/7w59fV5Uoh
Litecoiners be like:
I'm telling you the Litecoin Meta sooo bullish rn and LTC is headed straight for the CMC top 3 all while many believe it's just magic intent money... https://t.co/sPSFRBkqpZ
The HODL data 👇
The amount of Litecoin actually available to the market is much smaller than the total supply suggests.
Data shows that more supply is being held for longer periods of time.
- 44% hasn't moved in over 1 year
- 16.5% hasn't moved in over 5 years
- 11.8% (9M) hasn't moved in over 7 years
This means the amount of $LTC actively circulating or realistically available to the market is meaningfully lower than the circulating supply figure alone would imply.
The data also shows that the active portion of Litecoin circulating is doing significant economic work.
Over the last 30 days, adjusted payment value totaled roughly 522M LTC, averaging about 17.4M LTC per day. That daily average is larger than the entire supply cohort that has moved within the past 3 months, indicating that the active portion is supporting substantial transaction activity relative to its size.
This doesn't mean each LTC is unique across every transaction, but it does show that the available float is being used heavily.
This also isn't a p