Cryptocurrency Market Performance and Latest News of Monero, Flow, and Litecoin

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This article will look at the trends and latest news regarding three of the biggest cryptocurrencies. Monero, Flow, and Litecoin.

An overview: At the moment, only Litecoin is showing a growth in popularity. Monero seems to be quite stable while Flow has seen a negative performance over the last 30 days.

A Detailed Look at the Prices of Crypto Assets Monero, Flow, and Litecoin

Monero is the cryptocurrency that is most slowly growing. It can be seen as a slightly rising stable asset.

The XMR token has experienced a 4% growth in the last seven days. In comparison, the increase in the last 24 hours is only 1%.

The market capitalization is currently $2.8 billion, with a trading volume of $130.4 Million in the past 24 hours. The outstanding supply of Monero tokens is 18.3 Million XMR.

Despite the overall market seeming to be on the rise in the last three months, Monero’s all-time high of $517.62 is still a long way away; the cryptocurrency is presently priced at $154.32.

Now looking at Flow, which has seen the biggest decline.

FLOW token has dropped 4.2% in the last 24 hours. However, it has gained 0.5% in seven days, which is a big improvement on the 25% drop in March.

Among these three cryptocurrencies, Flow has the lowest market capitalization of about $1 billion. It also has the highest trading volume of $53.8 million in the last 24 hours.

The outstanding supply of FLOW tokens is 1 billion, and its current price is $1.01 USD.

All these figures make Flow the 37th most popular cryptocurrency.

Next, we look at the third cryptocurrency, which has had both positive and negative results. Litecoin.

The LTC token appears to have had a good week, with a 12% rise and an 8% increase in the last 24 hours.

As one of the most well-known cryptocurrencies, it is currently in 10th place.

Litecoin’s market capitalization is $6.4 billion, with a trading volume of $1.1 billion in the last 24 hours. The outstanding supply of LTC tokens is 72.5 million, with an average hold time of 102 days.

Today’s Litecoin price is $88.21, a far cry from its record high of $412.96.

Litecoin News: Crypto’s Performance Surpasses Monero and Flow

At the end of last month, a major development took place in the cryptocurrency world when Australian software developer Anthony Guerrera integrated the Ordinals Protocol into the Litecoin network. This enabled NFT-like assets to be supported on Litecoin, just like on Bitcoin.

The Ordinals Protocol is a layer-2 method that adds support for NFTs on Bitcoin’s blockchain.

The protocol allows users to create NFTs by assigning them unique numbers called ordinals, which makes it easier to track and verify them on the blockchain.

Guerrera was motivated to create the Litecoin Ordinals Protocol by a Twitter user called Indigo Nakamoto. To thank him, Guerrera offered a small reward of 5 LTC, which was later increased to 22 LTC for the technical skill required to create the fork.

The move was welcomed by the Litecoin community, with many members excited about the possibilities it offers the network. Even Charlie Lee, the creator of Litecoin, commented on the developments, saying that he was pleased to see Ordinals Protocol being used in other blockchain networks.

It is worth noting that Ordinals Protocol is still an emerging technology in the cryptocurrency industry, but many people recognize its potential for NFTs and other applications. With this recent development, further experimentation with the protocol and its applications can be expected from the Litecoin network.

News About Monero (XMR)

Monero’s founding founder Riccardo Spagni recently denied claims that he was an Interpol informant, but rumours and speculation are still circulating in the cryptocurrency community and raising questions about their impact on Monero’s reputation and future.

The allegations against Spagni were first made by Twitter user “WhalePanda”, who claimed to have insider information that Spagni was willing to cooperate with Interpol. Spagni quickly refuted the claims, calling them “wildly inaccurate” and “baseless”.

Despite the denial, rumours and speculation continued and some members of the cryptocurrency community expressed concerns about the effect on Monero’s privacy-focused reputation.

Monero is a very popular cryptocurrency for those who value anonymity and privacy, so any suggestion of collaboration with law enforcement could damage this reputation.

Not everyone is taking the allegations seriously though. Nassim Nicholas Taleb, author of the bestseller “The Black Swan”, tweeted his dismay about the situation, saying “if [Spagni] was an informant, he would still have denied it.”

It is unclear what effect the allegations against Spagni will have on Monero’s reputation and adoption. However, it is important to remember that Monero is a distributed project with a large community and contributors. The technology and vision behind Monero are not tied to any one person, and the community will continue to develop privacy-protecting technology.

Privacy is becoming more and more of an issue in the cryptocurrency industry, with many users trying to protect their financial and personal information from prying eyes. Monero’s focus

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