Litecoin’s price rose by 6.4% in February, with long-term holders showing strong commitment, holding on for an average of 2.4 years, akin to Bitcoin.
Despite slipping to 21st in market cap rankings, Litecoin remains resilient, trading at $69.90, with analysts expressing optimism for future price appreciation.
Recent data analysis from IntoTheBlock demonstrates the Litecoin investors’ unwavering dedication; they have an average holding period of 2.4 years, comparable to that of Bitcoin holders. A noteworthy indication of the strong long-term enthusiasm among investors is the fact that more than 20% of Litecoin addresses have held their holdings for more than five years.
Litecoin (LTC) has shown resilience in February, boasting a 6.4% increase since the beginning of the month, providing holders with a glimmer of positivity amidst the ever-shifting cryptocurrency market landscape.
A significant portion of Litecoin addresses, over 20%, have held their assets for over five years, demons

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