Litecoin Records Some Milestones in 2022 Despite the General Downtrend

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Key Points: In 2022, Litecoin processed 39 million transactions.
LTC lost more than half its value by the time it was published, despite having more than 50,000,000 unique wallet addresses.
Despite the slump in trading volume, Litecoin was able to achieve several milestones on-chain as well as off-chain. The non-profit group created to promote Litecoin claimed the number of addresses would be the “second most” cryptocurrency in 2022. “Additionally, Litecoin’s hashrate hit a new record high of 613.81TH/s throughout the year. “Additionally, Litecoin’s hashrate reached a brand-new record high of 613.81TH/s throughout the year,” Coincu statistics show. Source: Coincu. For comparison, the altcoin’s starting price per unit was $151. As the bear market got worse, it traded at $43 in June. It traded at $43 in June, its lowest point for the year, before steadily rising to close out the trading year at $68. Santiment data indicated that the number of LTC holders in this group decreased by 6% between January and December 2022. We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comThanaCoincu NewsTags: # Litecoin priceLitecoinLitecoin (LTC) WhalesLitecoinsLTC