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Buying Power of Litecoin vs. Archer-Daniels Midland at New 52-Week High

By Market News Video Staff, Thursday, May 18, 10:00 AM ET
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Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.

We noticed that as of 5/18/2023, Litecoin (NYSE:$LTC) can buy you the most amount of Archer-Daniels Midland shares, in the past year. For example, if you had 1 Litecoin coin and wished to buy shares of ADM with the proceeds, you would now be able to buy 1.29 shares of ADM. That's versus a low amount of 0.54 share over the trailing twelve months. Here's how this relationship looks charted, over the past year:

Archer-Daniels Midland Shares In Litecoin

The main driver of the above bar chart has, of course, been the performance of Archer-Daniels Midland shares, relative to the performance of Litecoin; and here's how the two compare over the past year on a total return basis:

ADM Returns Vs. Litecoin

Check out our Litecoin historical price chart and Archer-Daniels Midland vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the ADM returns.

Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!


This Article's Word Cloud:   Archer   Check   Crypto   CryptocurrenciesChannel   Daniels   Here   Litecoin   Midland   NYSE   Note   That   able   above   additional   amount   asset   assets   basis   been   calculate   chart   charted   charts   coin   compare   comparisons   course   digital   dividends   driver   example   find   follow   here   historical   included   interesting   looks   main   market   months   over   past   performance   shares   stock   that   various   versus   year
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Buying Power of Litecoin vs. Archer-Daniels Midland at New 52-Week High | Market News Video | Copyright © 2008 - 2024, All Rights Reserved

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