bitcoin
Bitcoin (BTC) $ 22,560.04
ethereum
Ethereum (ETH) $ 1,623.81
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 318.93
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.393519
binance-usd
Binance USD (BUSD) $ 0.999792
dogecoin
Dogecoin (DOGE) $ 0.087541
cardano
Cardano (ADA) $ 0.384296
solana
Solana (SOL) $ 22.57
matic-network
Polygon (MATIC) $ 1.25
polkadot
Polkadot (DOT) $ 6.60
tron
TRON (TRX) $ 0.064526
bitcoin
Bitcoin (BTC) $ 22,560.04
ethereum
Ethereum (ETH) $ 1,623.81
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 318.93
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.393519
binance-usd
Binance USD (BUSD) $ 0.999792
dogecoin
Dogecoin (DOGE) $ 0.087541
cardano
Cardano (ADA) $ 0.384296
solana
Solana (SOL) $ 22.57
matic-network
Polygon (MATIC) $ 1.25
polkadot
Polkadot (DOT) $ 6.60
tron
TRON (TRX) $ 0.064526
Thursday, February 9, 2023
HomeCoinsBlockchainLitecoin Outperforms BTC and ETH by Almost 30% in One-year Timeframe

Litecoin Outperforms BTC and ETH by Almost 30% in One-year Timeframe

  • Messari.io information exhibits that LTC outshined BTC and ETH in one-year timeframes.
  • BTC’s and ETH’s ROI towards the USD had been unfavorable at 33.55% and 29.27%.
  • Litecoin outperformed DeFi tokens with a landslide margin of 79% progress from 2022.

Based on information from Messari.io, a number one market monitoring platform, the Litecoin token LTC outperformed hottest cryptos resembling Bitcoin (BTC) and Ethereum (ETH) over the previous three months and one-year timeframes.

The information exhibits that over the past yr, LTC buyers have seen over 28.8% and 24.9% return on funding (ROI) greater than BTC and ETH buyers, respectively. From October 2022 so far, the figures had been greater than double the one-year worth. Litecoin additionally outperformed DeFi tokens with a landslide margin of 79% progress from 2022.

Alternatively, BTC’s and ETH’s ROI towards the US greenback from final yr had been unfavorable at 33.55% and 29.27%, as per Messari information. Bitcoin and Ethereum solely began to recuperate currently, placing their three months’ performances at constructive figures.

Based on CoinMarketCap information, LTC ranks at place 14 among the many prime greatest cryptos with a market cap of almost $7 billion. It at present trades at $90.74, with over 5% progress up to now week.

Moreover, in line with an annual crypto business report printed by the market monitoring platform, CoinGecko, Bitcoin, was the worst-performing funding instrument amongst vital belongings like crude oil and the US greenback.

BTC at present trades at $23,054.89, over a 9% improve up to now seven days. Beforehand, the value of BTC had fallen to its two-year low of round $15k in the course of the FTX fiasco in November 2022.

See also  The Soccer Trio: SuperOne Companions With Footballco and FIFPRO

On the time, the worldwide crypto market cap additionally fell beneath $800 billion. Nonetheless, the general crypto market is now value over $1 trillion.

BitcoinMasterNews

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Explore More

Related Articles