SHIB (Shiba Inu) Falls Behind LTC (Litecoin) in Long-Term Holder Metric

Shiba Inu (SHIB) ranks third in the percentage of long-term holders at 75.8%, trailing behind Litecoin (LTC) which leads all cryptocurrencies with 77.7% of holders being long-term investors.

LTC (Litecoin) Demonstrates Staying Power with 77.7% Long-Term Holders

According to data shared by on-chain aggregator IntoTheBlock, Litecoin (LTC) has established itself as the cryptocurrency with the highest percentage of long-term holders among major digital assets. Often referred to as "digital silver," LTC was created just two years after Bitcoin in 2011 and continues to show remarkable popularity among investors who maintain their positions for extended periods.

The data reveals that an impressive 77.7% of Litecoin holders are classified as long-term investors, placing it at the top of the list among popular cryptocurrencies. This metric serves as a significant indicator of investor confidence and stability in the Litecoin network.

SHIB (Shiba Inu) Secures Third Position with 75.8% Long-Term Investors

Despite being a relatively newer entrant to the cryptocurrency market, Shiba Inu (SHIB) has managed to secure the third position in this important metric with 75.8% of its holders being long-term investors. The popular meme coin trails only slightly behind Chainlink (LINK), which holds the second position with 77.5% long-term holders.

Interestingly, SHIB outperforms both Ethereum (74.2%) and Bitcoin (73.3%) in this particular metric, highlighting the strong conviction among Shiba Inu investors despite the token's volatile history. Recently, the Shiba Inu community celebrated surpassing 1.5 million total holders, a milestone that demonstrates the token's growing adoption.

LTC (Litecoin) Attracts Institutional Interest While SHIB (Shiba Inu) Expands Community

Litecoin's appeal extends beyond retail investors to financial institutions as well. Major investment firms including Canary Capital and Grayscale have filed applications with the Securities and Exchange Commission (SEC) to launch spot Litecoin ETFs, signaling growing institutional interest in the asset.

However, on March 11, the SEC delayed decisions not only on the LTC ETFs but also on similar applications for XRP, DOGE, SOL, and ADA exchange-traded funds. Market analysts now expect these decisions to be announced in October.

TON Lags Behind SHIB (Shiba Inu) and LTC (Litecoin) in Investor Retention

At the opposite end of the spectrum, TON, the cryptocurrency associated with the Telegram messaging platform, shows remarkably different investor behavior patterns. According to the IntoTheBlock data, only 3.9% of TON holders qualify as long-term investors, positioning it at the bottom of the list.

This stark contrast between TON and other cryptocurrencies like LTC and SHIB may reflect differing investor perspectives on these assets' long-term value propositions or could be attributed to TON's relatively recent mainstream availability compared to more established cryptocurrencies.

The percentage of long-term holders for a cryptocurrency often serves as an indicator of investor confidence in its fundamentals and future prospects. By this measure, Litecoin continues to inspire strong conviction among its investor base, closely followed by Chainlink and Shiba Inu, while newer entrants like TON are still working to build similar levels of long-term investor commitment.