Litecoin
LTC
Litecoin
BTC Price Now
$73.43 USD
-6.12%
Date of Issue: 06.10.2011
Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.... More

(LTC) Litecoin Live Price Data

The live Litecoin (LTC) price is $73.43, with a 24 hours CoinTide trading volume of 40.31K. The price of LTC changed by -6.12% in the past 24 hours. With a circulating supply of 74,611,400 LTC and a maximum supply of 84,000,000 LTC coins. Litecoin currently ranks #20 in market cap. You have the option to purchase Litecoin (LTC) on the CoinTide exchange.

Market Price 24h % 24h High 24h Low 24h Volume
LTC/USDT LTC /USDT $73.4258 -6.12% 78.2135 71.3864 38989.753 Trade

About Litecoin (LTC)

Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee in 2011 as a "lighter" version of Bitcoin. It was designed to provide faster transaction times and lower fees while maintaining the core principles of decentralization and security. Buying LTC on LiteWallet is easy and secure. Sign up for an account, verify your identity, deposit funds, and begin trading. Check out our guide on How to Buy Litecoin (LTC).

 

What is Litecoin (LTC)?

Litecoin (LTC) is a decentralized digital currency that enables instant, near-zero cost payments to anyone in the world. Built on the Bitcoin protocol, Litecoin was designed to be a more efficient and faster alternative. It uses a proof-of-work consensus algorithm and a different hashing algorithm, Scrypt, which allows for quicker block generation and confirmation times compared to Bitcoin.

 

Who Created Litecoin?

Litecoin (LTC) was created by Charlie Lee, a former Google engineer, in October 2011. Lee's vision was to create a cryptocurrency that complements Bitcoin by offering faster transaction times and a more efficient mining process. Since its launch, Litecoin has grown in popularity and adoption, becoming one of the most widely used cryptocurrencies for everyday transactions and payments.

 

History of Litecoin

The history of Litecoin (LTC) began with its launch in October 2011. As one of the earliest altcoins, Litecoin was created to address some of Bitcoin's perceived limitations, such as slow transaction speeds and high fees. Over the years, Litecoin has implemented several upgrades, including Segregated Witness (SegWit) and the Lightning Network, enhancing its scalability and transaction throughput.

 

Litecoin Blockchain Technology

Litecoin (LTC) operates on a decentralized blockchain that records all transactions on a public ledger. It uses a proof-of-work consensus mechanism with the Scrypt hashing algorithm, which is less resource-intensive compared to Bitcoin's SHA-256. This allows for faster block generation times (2.5 minutes per block) and efficient transaction processing, making Litecoin suitable for everyday use.

 

Litecoin Tokenomics

The tokenomics of Litecoin (LTC) are designed to provide a stable and secure cryptocurrency with a fixed supply. Litecoin has a maximum supply of 84 million coins, four times that of Bitcoin. LTC's issuance rate decreases over time through a halving event that occurs approximately every four years, reducing the reward for mining new blocks and ensuring controlled inflation.

 

Litecoin Total and Circulating Supply

Litecoin (LTC) has a maximum supply of 84 million coins. As of now, over 74 million LTC are in circulation, with the remaining coins to be mined gradually until the maximum supply is reached. The controlled release and fixed supply contribute to Litecoin's value stability, making it a reliable medium of exchange and store of value in the cryptocurrency market.

 

Litecoin Highlights

Litecoin (LTC) is a pioneer in the cryptocurrency space, offering faster transaction times and lower fees compared to Bitcoin. Its robust blockchain technology, active development community, and widespread adoption make it a popular choice for peer-to-peer transactions and everyday payments. With its deflationary supply model and continuous innovation, Litecoin remains a key player in the digital currency landscape.

Fear & Greed Index

Chart 0 50 100 74 Greed

Trade

LTC
Estimated --USD
Trade LTC
  • PEPECOIN
    PEPECOIN PepeCoin
    3.2804
    +1.56%
  • BVM
    BVM BVM
    0.8687
    -3.27%
  • SVPN
    SVPN ShadowNode
    0.004963
    -6.36%
  • DSYNC
    DSYNC Destra
    0.1834
    -8.76%
  • RCH
    RCH Rch
    1.3101
    -9%
  • EXT
    EXT Exatech
    0.0086099
    -2.3%
  • SPURDO
    SPURDO Spurdo
    0.0198
    +15.12%
  • ISHI
    ISHI Ishi
    0.000002292
    +4.09%
  • AID
    AID ArtificialAID
    1.6315
    +2.43%
  • BASEDAI
    BASEDAI BasedAI
    4.118
    +2.35%
  • PEPECOIN
    PEPECOIN PepeCoin
    3.2804
    +1.56%
  • ISHI
    ISHI Ishi
    0.000002292
    +4.09%
  • FLT
    FLT Fluence
    0.45358
    -9.84%
  • SPURDO
    SPURDO Spurdo
    0.0198
    +15.12%
  • BYTE
    BYTE Byte
    0.000018783
    -17.56%
  • RCH
    RCH Rch
    1.3101
    -9%
  • NPC
    NPC NonPlayableCoin
    0.01767
    -13.89%

LTC to local currency

  • 1 LTC to USD
    75.563
  • 1 LTC to EUR
    70.416
  • 1 LTC to AUD
    114.212
  • 1 LTC to KRW
    104,317.441
  • 1 LTC to JPY
    11,912.134
  • 1 LTC to GBP
    59.472
  • 1 LTC to INR
    6,311.732
  • 1 LTC to CAD
    103.710
  • 1 LTC to RUB
    6,833.117
  • 1 LTC to AMD
    29,165.556

LTC to crypto currency

  • 1 LTC to BTC
    0.0011489540
  • 1 LTC to ETH
    0.0216975890
  • 1 LTC to USDT
    75.596
  • 1 LTC to CNT
    0.000
  • 1 LTC to BNB
    0.126
  • 1 LTC to SOL
    0.539
  • 1 LTC to XRP
    151.055
  • 1 LTC to ADA
    195.401
  • 1 LTC to TRX
    649.975
  • 1 LTC to DOGE
    590.107