Litecoin (LTC) Is the Most Popular Crypto Among Long-Term Holders

A chart shared by on-chain data aggregator IntoTheBlock has revealed that the “digital silver” coin, LTC, which was created two years after Bitcoin

Long-term investors prefer LTC over BTC, ETH, SHIB

On-chain data aggregator IntoTheBlock has shared a chart highlighting the portion of long-term holders in various cryptocurrencies.

As the data shows, the “digital silver” coin, LTC, which was created two years after Bitcoin, in 2011, is still popular with long-term investors.

The chart shows that the coin has surpassed many other popular and modern cryptos in a key metric.

Among the coins on the list, we can see that LTC is at the top with 77.7%. After it comes LINK, showing 77.5%, and then the second most popular meme coin, Shiba Inu, with 75.8%.

SHIB here surpasses Ethereum (74.2%) and Bitcoin itself (73.3%). The very last position on the list is held by TON. This coin, associated with the Telegram messaging app, shows just 3.9% long-term holders.

Earlier this week, Shiba Inu announced that the total number of its holders has surpassed 1.5 million.

Meanwhile, not only is LTC being actively held by long-term investors, but it has also caught the eye of financial institutions.

Canary Capital and Grayscale have submitted filings to the SEC to launch spot Litecoin ETFs. However, on March 11, the regulator delayed the decision on those ETFs, as well as on XRP, DOGE, SOL and ADA ETFs.

The decision is now expected by analysts in October.