Litecoin vs. Sonos: Price Relationship Crosses Threshold

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 5/13/2022, Litecoin ($LTC) can buy you the least amount of Sonos shares, in the past year. For example, if you had 1 Litecoin coin and wished to buy shares of SONO(Symbol: SONO) with the proceeds, you would only be able to buy 3.19 shares of SONO. That’s versus a high amount of 9.66 shares over the trailing twelve months. Here’s how this relationship looks charted, over the past year:

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

SONO Returns Vs. Litecoin

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

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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