According to Foresight News, data from CoinMarketCap indicates that Litecoin (LTC) has reached a market capitalization of $9.45 billion. Over the past 24 hours, Litecoin's value increased by 11.68%, surpassing Shiba Inu (SHIB), which has a market capitalization of $9.35 billion. This rise positions Litecoin as the 16th largest cryptocurrency.