Updated on May 10, 2023 LRC20 detonated LTC on-chain transactions, reaching a record high!
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According to bitinfocharts, the number of transactions on the LTC chain exceeded 576,000 on May 9, a record high, more than twice the previous high (225,000) in January 2018.
Glassnode also showed that the number of $LTC active addresses and newly created addresses also hit record highs on that day, reaching 813,000 and 677,000 respectively.
Theoretically, the functions of #LTC20 and BRC20 are similar, but it depends on whether the community recognizes them, otherwise they will be useless garbage.
