Going to buy Litecoin (LTC) or Avalanche (AVAX)

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

Avalanche development history

Avalanche coin (AVAX) was recorded by Coin Market Cap system on July 13, 07. If compared with Litecoin, this coin was born later

Currently on the market, Avalanche coins can be exchanged for 346 other digital currencies (This number is only 0.41 % compared to Litecoin)

Avalanche is currently ranked 19th on the cryptocurrency rankings by market cap

Information worth referencing

Information investors should know

Compare the recent growth between Litecoin and Avalanche

Growth rate Litecoin (LTC) Avalanches (AVAX) Separation (LTC - AVAX)
Within 24 hours 0.28% 1.25% -0.97%
Within 7 days 23.17% 3.54% 19.62%
Within 30 days 37.83% -27.01% 64.84%
Within 60 days 43.09% -23.84% 66.93%
Within 90 days 36.70% -31.56% 68.26%

Analysis by growth

In the recent 3 month period, Litecoin coin has experienced a tremendous growth with 36.70%. As for the Avalanche coin, also in the last 3 months, its value has decreased significantly

Compare total supply value and market capitalization

Litecoin (LTC) Avalanches (AVAX)
Maximum total supply 84,000,000 720,000,000
Circulating supply 71,704,569 300,702,725
Total supply 84,000,000 404,229,626

* 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 Avalanche

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 Avalanche

Reasons not to buy Avalanche

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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