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**SHIB Lags Behind Litecoin in Crucial Measurements: The Analysis**
*Disclaimer: The opinions conveyed herein belong exclusively to the writer and don’t essentially mirror U.Today’s position. Market and monetary data furnished by U.Today is solely for informational purposes. We bear no liability for any monetary setbacks sustained from crypto trading. Always seek advice from a monetary professional and conduct your own investigation before making investment choices. While we trust all content is precise upon publication, certain offers cited may no longer be applicable.*
Information from IntoTheBlock, a prominent on-chain analytics platform, indicates that Litecoin (LTC), frequently dubbed the “silver to Bitcoin’s gold,” remains a top pick among enduring crypto investors. Litecoin, for the uninitiated, debuted in 2011, merely a couple of years following Bitcoin.
The information implies that Litecoin is surpassing numerous more recent, fashionable cryptocurrencies concerning vital measurements. This encompasses coins such as SHIB, LINK, and TON.
**Litecoin Surpasses SHIB, Including Bitcoin and Ethereum**
The graph explicitly emphasizes the proportion of enduring holders for diverse cryptocurrencies. Litecoin claims the top spot with an impressive 77.7% of holders remaining for the long run. LINK closely follows at 77.5%, succeeded by Shiba Inu (SHIB), the second-largest meme coin, at 75.8%.
Intriguingly, SHIB indeed outperforms Ethereum (74.2%) and even Bitcoin itself (73.3%) in this measurement. Bringing up the end is TON, the token linked to the Telegram messaging application, with a meager 3.9% of enduring holders.
It warrants mentioning that Shiba Inu lately declared it has exceeded 1.5 million total holders.
Meanwhile, Litecoin’s allure reaches beyond individual investors. Monetary establishments are also acknowledging. Companies like Canary Capital and Grayscale have submitted filings with the SEC to introduce spot Litecoin ETFs (exchange-traded funds). However, on March 11th, the SEC postponed its verdict on these ETFs, alongside analogous proposals for XRP, DOGE, SOL, and ADA. SHIB Burns Increase by 771,019%
Experts predict that a choice will be made in October. As anticipated, the SEC has just turned down a number of additional crypto ETF submissions, including Litecoin, Ripple, Dogecoin, and Solana. This is a typical process, and Atkins has not yet received approval, so this is the existing state of affairs. This does not alter our (comparatively elevated) likelihood of approval. Furthermore, kindly take note of the cutoff date…
— James Seyffart (@JSeyff) March 11, 2025
