A cryptocurrency called Litecoin (LTC) uses the unique capabilities of blockchain technology to provide speedy, secure, and cost-effective payments.
For more information on this project, please visit our in-depth analysis of Litecoin.
The cryptocurrency was created using the Bitcoin (BTC) system, although it has certain differences from Bitcoin (BTC), such as a hard cap, slower block transaction times, and a different hashing algorithm. Litecoin is perfect for point-of-sale transactions and microtransactions because of its extremely fast block time of just 2.5 minutes and extremely low transaction fees.
Related:Â Litecoin Price Prediction: LTC Price Today, January 31, 2023
Five days after the Litecoin Network went live on October 13, 2011, an open-source client for the cryptocurrency was made available on GitHub on October 7. Its popularity and merchant acceptance have since skyrocketed, and for most of its existence, it has continuously ranked among the top ten cryptocurrencies by market capitalization.
Litecoin was created to be a “lite version of Bitcoin” by Charlie Lee, a former Google employee. It is similar to Bitcoin in many ways but is lighter in weight.
Date: Today’s LTC price in USD: $101.04 LTC Price Prediction
With a 24-hour trading volume of $864,282,125 USD, Litecoin’s price is at $101.38 USD. We update our LTC to USD exchange rate frequently. Litecoin saw a 6.69% gain the day before. CoinMarketCap is now ranked 13th with an active market cap of $7,319,035,709. The total supply is 84,000,000 LTC coins, with 72,192,016 LTC coins now in circulation.
