Breaking Down Litecoin - Full Analysis

Today I want to take a deep dive into Litecoin. The numbers are interesting, and I think there's a compelling story here.

📈 Current Price Action

The price sits at $80.89 right now, with 0.50% movement in the last 24 hours. The weekly trend has been fairly sideways, suggesting consolidation.

Litecoin price movement over the last 7 days

💰 Market Metrics

Market cap stands at $6.21B, placing it at rank #30. With $282.36M in 24h volume, we're looking at healthy trading.

Metric	Value
Current Price	$80.89
24h Change	+0.50%
7d Change	+1.30%
30d Change	-3.77%
Market Cap	$6.21B
24h Volume	$282.36M
Market Rank	#30

🪙 Supply Dynamics

There are $76.72M coins in circulation out of a maximum supply of $84.00M (91.33% circulating). We're close to max supply, which means minimal inflation pressure.

📊 Historical Context

The all-time high was $410.26, and we're currently 80.28% below that level. The all-time low sits at $1.15, which means we're 6943.81% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.

🤔 My Take

From a fundamental perspective, Litecoin is showing strength. The fundamental metrics show room for growth if fundamentals improve.

As with any crypto investment, only allocate what you can afford to lose.

🎯 Final Thoughts

So that's my analysis of Litecoin. The data presents an interesting picture, and I think it's worth keeping on your watchlist. What's your take on this project?

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This is not financial advice. Always do your own research before making investment decisions.