The cryptocurrency Litecoin (LTC) is a decentralized digital currency that offers quick, secure, and inexpensive payments by leveraging blockchain technology.
To learn more about this initiative, visit our comprehensive guide to Litecoin.
Litecoin was developed based on the Bitcoin (BTC) protocol but differs in terms of its hard cap, block transaction timeframes, and hashing algorithm used. With a block time of just 2.5 minutes and ultra-low transaction fees, Litecoin is well-suited for microtransactions and point-of-sale transactions.
Litecoin’s open-source client was made available on GitHub on October 7, 2011, and the Litecoin Network became operational five days later on October 13, 2011. Since then, Litecoin has grown tremendously in popularity and merchant adoption and has consistently ranked among the top ten cryptocurrencies by market capitalization.
Litecoin was created by Charlie Lee, a former Google employee, to be a “lite version of Bitcoin,” with many of the same features but a lighter weight.
LTC Price Today DATE LTC USD Today 01 $80.78 LTC Price Prediction
As of today, Litecoin’s price is $80.51 USD, with a 24-hour trading volume of $572,387,557 USD. Our LTC to USD price is updated in real-time. In the last 24 hours, Litecoin has fallen by 5.91%. CoinMarketCap currently ranks it as the 15th largest cryptocurrency, with a live market cap of $5,836,334,986 USD. It has a maximum supply of 84,000,000 LTC coins and a circulating supply of 72,495,277 LTC coins.
