Litecoin Price Prediction: Today’s LTC Price, 24th Feb 2023
Litecoin (LTC) is a cryptocurrency that uses the unique features of blockchain technology to provide quick, secure, and affordable payments.
Litecoin Price Prediction
The cryptocurrency was created using the Bitcoin (BTC) system, but it differs from Bitcoin (BTC) in several ways, including the hard cap, block transaction timeframes, and hashing algorithm. Litecoin is ideal for point-of-sale transactions and microtransactions, with a block time of only 2.5 minutes and extremely low transaction fees.
Today’s LTC Price
On October 7, 2011, Litecoin was released as an open-source client on GitHub, and the Litecoin Network went live five days later, on October 13, 2011. Since then, it has skyrocketed in popularity and merchant acceptance, and for the majority of its existence, it has consistently ranked among the top ten cryptocurrencies in terms of market capitalization.
LTC Price Today
Litecoin was designed to be a “lite version of Bitcoin” by Charlie Lee, a former Google employee, because it has many of the same characteristics as Bitcoin but is lighter in weight.