Litecoin (LTC) is a digital currency that uses the unique qualities of blockchain technology to make transactions fast, safe, and cheap.
Visit our comprehensive Litecoin analysis to learn more about this initiative.
Litecoin Price Prediction
| DATE | LTC | USD |
|---|---|---|
| Today | 01 |
$96.21
|
The cryptocurrency was developed using the Bitcoin (BTC) system, but it differs from Bitcoin (BTC) in a number of ways, including its hard limit, block transaction timeframes, and hashing algorithm. Because its block time is only 2.5 minutes and its transaction fees are very low, Litecoin is best for point-of-sale transactions and small transactions.
Today’s LTC Price
On October 7, 2011, an open-source client for Litecoin was made available on GitHub, and on October 13, 2011, the Litecoin Network went live. Since then, its popularity and merchant acceptance have risen like a rocket, and for most of its life, it has been one of the top ten cryptocurrencies by market capitalization.
Charlie Lee, a former Google employee, designed Litecoin to be a “lite version of Bitcoin” in that it possesses many of the same characteristics as bitcoin but is lighter in weight.
With a 24-hour trading volume of $736,503,740 USD, Litecoin is currently priced at $96.32 USD. Our Bitcoin to USD exchange rate is constantly updated. In the past 24 hours, the value of Litecoin has decreased by 1.78 percent. With a current market capitalization of $6,965,814,254 USD, CoinMarketCap ranks fourteenth. It has a total supply of 84,000,000 LTC coins, with 72,321,778 currently in circulation.
