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TechFlow news, July 12 — According to IntoTheBlock data, Litecoin processes an average of 100,000 transactions per day, with a daily transaction volume exceeding $2.85 billion—more than 50% of its market cap—and surpassing most Layer 1 networks. For example, DOGE’s average daily large transaction volume is $590 million, despite its market cap being approximately three times that of Litecoin.
According to IntoTheBlock data, Litecoin processes an average of 100,000 transactions per day, with a transaction volume exceeding $2.85 billion—over 50% of its market cap—and surpassing most Layer 1 networks. For example, DOGE has an average daily large transaction volume of $590 million, despite having a market cap approximately three times that of Litecoin. This indicates significant whale activity on the Litecoin network.
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