Going to buy Litecoin (LTC) or Wrapped Bitcoin (WBTC)

Technical analysis report updated on 28/11/2022

Introduction to the history of two cryptocurrencies

Litecoin Development History

Litecoin (LTC) coins were recorded by Coin Market Cap system on April 28, 04.

Currently, on the market, Litecoin can be exchanged for 846 other digital currencies.

Litecoin is currently ranked 13st on the cryptocurrency rankings by market cap

Wrapped Bitcoin Development History

Wrapped Bitcoin (WBTC) coin was recorded by Coin Market Cap system on January 30, 01. If compared with Litecoin, this coin was born later

Currently on the market, Wrapped Bitcoin can be exchanged for 736 other digital currencies (This number is only 0.87 % compared to Litecoin)

Wrapped Bitcoin is currently ranked 20th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Compare the recent growth between Litecoin and Wrapped Bitcoin

Growth rate Litecoin (LTC) Wrapped Bitcoin (WBTC) Distance (LTC - WBTC)
Within 24 hours 0.28% 0.44% -0.16%
Within 7 days 23.17% -0.08% 23.25%
Within 30 days 37.83% -20.42% 58.25%
Within 60 days 43.09% -15.48% 58.57%
Within 90 days 36.70% -18.90% 55.60%

Analysis by growth

In the recent 3 months period, the Litecoin coin has experienced a tremendous growth of 36.70%. As for Wrapped Bitcoin, it has also dropped in value in the last 3 months

Compare total supply value and market capitalization

Litecoin (LTC) Wrapped Bitcoin (WBTC)
Maximum total supply 84,000,000 0
Circulating supply 71,704,569 219,853
Total supply 84,000,000 219,853

* Note
Total circulating supply: Number of coins circulating in the market and in the hands of the public. It is similar to how stocks move in the stock market.
Maximum total supply: The maximum number of coins that will exist in the lifetime of the cryptocurrency. It is similar to fully diluted shares in the stock market.
Total supply: Number of coins created, minus any burned coins. It is similar to shares outstanding on the stock market.

Summary of reasons to buy Litecoin or Wrapped Bitcoin

Reasons to buy Litecoin

In the long-term is the 90-day period Litecoin has had good growth and in the short-term there has been a certain price correction. If you firmly believe this is a potential coin and will be valuable in the long run

Reasons not to buy Litecoin

Reasons to buy Wrapped Bitcoin

Reasons not to buy Wrapped Bitcoin

General note for investors

These are specifications based analysis only

The technical specifications will be suitable for short-term investors, and profit from the investments With large and long-term investments you also need to do fundamental analysis i.e. read and understand more about the technicians, teams, investors behind that particular digital currency.

We do not make investment decisions for you

Automatic parameter analysis articles will help you have a multi-dimensional and easier to understand view than just looking at those with zero numbers.

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