I’m new to the forum and joined seeking assistance to understand Litecoin’s daily volume.
From Coinmarketcap I read the volume is $11,019,531,225 or 63,653,992 LTC. This is impressive and positions LTC volume as 17% of BTC volume.
Also, this daily volume is roughly the same as LTC market cap. What does this mean? All LTC is transferred every day? That doesn’t happen with other cryptos.
Now, Bitinfocharts informs “Litecoins sent last 24h” 23,099,884 LTC ($3,991,084,687 USD) 34.61% market cap. That’s completely different numbers.
Please assist understanding LTC volume. Thanks.