The cryptocurrency Litecoin (LTC) provides fast, secure, and affordable payments by utilizing the unique features of blockchain technology.
For a more detailed understanding of this initiative, check out our comprehensive overview of Litecoin.
Although it was created using the Bitcoin (BTC) system, Litecoin (LTC) differs from Bitcoin (BTC) in several ways, such as the hard cap, block transaction timeframes, and hashing algorithm employed. Litecoin’s quick block time of 2.5 minutes and low transaction fees make it ideal for point-of-sale and microtransactions.
Litecoin was released as an open-source client on GitHub on October 7, 2011, and the Litecoin Network went operational five days later on October 13, 2011. Since then, it has rapidly gained popularity and merchant acceptance, consistently ranking among the top ten cryptocurrencies by market capitalization.
Charlie Lee, a former Google employee, designed Litecoin to be a “lite version of Bitcoin” because it has many of the same characteristics as Bitcoin but is lighter.
LTC Price Today DATE LTC USD Today 01 $81.68 LTC Price Prediction
As of now, the price of Litecoin is $81.69 USD, with a trading volume of $1,123,778,982 USD over the past 24 hours. We keep our LTC to USD exchange rate updated regularly. In the last 24 hours, Litecoin has risen 12.74%. With a current market cap of $5,920,640,071 USD, CoinMarketCap now ranks Litecoin 16th. The maximum quantity of LTC coins is 84,000,000, with a circulating supply of 72,474,527 LTC coins.
