Ripple (XRP) and Shiba Inu (SHIB) Are Among the 6 Altcoins With Most Owners: Details

TL; DR

Litecoin (LTC) leads in non-empty wallets with more than 8 million, followed by Dogecoin (DOGE) with 6.69 million. Ripple (XRP) and Shiba Inu (SHIB) holders are also increasing, recently reaching high numbers.

Here is the ranking.

Crypto analytics platform Santiment has revealed the six alternative coins. They currently have Most holders on their respective networks.

Litecoin (LTC) leads with almost 8.10 million empty wallets, followed by Dogecoin (DOGE) with 6.69 million. Ripple's XRP, Cardano's ADA, Shiba Inu (SHIB) and Chainlink (LINK) are others included in the ranking.

Despite dominating the list, Litecoin has seen a pullback several months ago as non-empty LTC wallets were around 9.4 million. On the other hand, XRP and SHIB holders are currently at a very high level. as a Cryptopotato reportedThe number of XRP wallets reached the milestone of 5 million at the beginning of the year and it is only there It is progressing. since then.

He might have a Shiba Inu. Less Holder than the main competitor – Dogecoin – But a body of research Estimate It has a very strong and very loyal community. The study is based on the total number Socially oriented Posts that include engagements, likes, retweets, and SHIB, the results of which were announced late last year.

DOGE ranked second on that list, followed by PEPE, FLOKI and BONK.

Longevity of Litecoin

The cryptocurrency The previously mentioned success can Let it be explained Seeing the light of day ten years ago. Created by Charlie Lee and released in October 2011 to provide an alternative to Bitcoin for instant transactions. Litecoin has a block time of approximately 2.5 minutes compared to BTC's 10 minutes.

It has the capacity to process up to 50 transactions per second, while the previous cryptocurrency can handle up to seven transactions at the same time.

Like BTC, Litecoin uses a halfway cut in half Giving new signs every day. The event occurs about every four years (or every 840,000 blocks). one It's happening. Last year in August. then, Miners' reward is cut From 12.5 LTC to 6.25 LTC.

A halving is usually a prelude to a price increase. Recall that in March of this year, LTC rose to $110 before retreating over the past few months. Currently the price is around $68 (CoinGecko data).