The 12-Year Evolution of Litecoin and Its Most Influential Wallets

This period Bitcoin.com News delved into the apical 10 XRP wallets, having scrutinized the starring bitcoin, ethereum, and tether addresses the period prior. Next connected the radar? An exploration of the apical 10 litecoin (LTC) wallets, lasting retired from 7.14 cardinal chiseled LTC-holding addresses. Often dubbed “the metallic to bitcoin’s gold,” litecoin operates connected a proof-of-work blockchain and boasts a past spanning 12 years.

Litecoin’s Powerhouses: Which Wallets Reign Supreme?

Recently, Litecoin celebrated 12 years since its inception by Charlie Lee connected October 13, 2011. The integer currency web conscionable experienced its 3rd reward halving, resulting successful miners present pocketing 6.25 LTC for each mined block. As of October 15, 2023, with a marketplace headdress of astir $4.55 billion, LTC sits arsenic the 15th heavyweight successful the crypto realm. Currently, astir 73,762,420 LTC are successful circulation, approaching its max headdress of 84,000,000 LTC.

Over this 12-year journey, 7.14 cardinal chiseled litecoin addresses clasp LTC. Intriguingly, the apical 10 wallets power 12.67% of the full disposable stash. The reigning champ, “M8T1B,” possesses a staggering 2,504,667 LTC, making up 2.98% of the full coins. Hot connected its heels is “ltc1q” with a grasp connected 2.65% of the full LTC pie, translating to 2.22 cardinal tokens. The bronze presumption is occupied by “MQd1f” with 1.34 cardinal coins, a 1.6% slice. Meanwhile, “ltc1q” secures the 4th rank, boasting 1.09 cardinal LTC, oregon a 1.31% chunk.

The wallets “ltc1q” (927,542), “MQSs1” (745,000), “MB8nn” (513,259) respectively clinch the fifth, sixth, and seventh spots, each boasting implicit 500,000 LTC. Securing the eighth spot, “MFULd” holds 472,674 LTC, accounting for 0.56% of the contiguous supply. Nipping astatine its heels successful ninth spot is “MESru,” holding 416,688 LTC, which translates to 0.5% of circulating coins. Rounding retired the apical ten, “LZEjc” claims 393,258 LTC oregon 0.47% of the disposable litecoin supply.

Diving deeper into the Litecoin hierarchy, the consequent 10 wallets person astir 3.74% of the full supply, with the starring 20 wallets securing 16.41%. Meanwhile, the precocious echelon of 50 LTC wallets governs 27.14% of each LTC, and the apical 100 wallets collectively amass 37.64%. From the immense excavation of 73.76 cardinal LTC, these apical 100 wallets bid astir 27 cardinal tokens.

When pitted against bitcoin (BTC), litecoin falls short; BTC’s apical 100 wallets clinch 13.64% of its circulating supply. However, erstwhile juxtaposed with XRP, LTC’s apical 100 seems much successful line, fixed that XRP’s crème de la crème 100 holders grasp 33.14%. Conversely, the apical 10 solana (SOL) wallets power an awesome 32.99% of its full supply. Currently, litecoin boasts 458 millionaires wrong its ranks, with 82 accounts each amassing $10 cardinal oregon more. Around 2.3 unsocial addresses incorporate conscionable $1 successful litecoin (LTC).

What bash you deliberation astir the apical 10 litecoin wallets? Share your thoughts and opinions astir this taxable successful the comments conception below.