Marketcap:
$1,942,186,939,451
Volume 24h:
$9,596,517,331
Sep 16 Liquidations:
$0
24H Long/short:
Coming Soon
Litecoin
LTC
$63.36
#18
Coin
Overview
Exchanges
Markets
Wallets
$63.36
Price
18
Rank
$4,739,618,728
Marketcap
$45,301,034
Volume
$63.36
All Time High
$63.36
All Time Low
N/A
Open
N/A
Close
1H
-0.530
%
1D
-3.90
%
1W
3.02
%
1M
-4.62
%
2M
-13.69
%
3M
-13.94
%
6M
-26.16
%
1Y
-6.87
%
Change 24h
$63.36
$63.36
All Time Low
24H
All Time High
Circulating Supply
74,809,375
84,000,000
N/A
Litecoin`s Return History
Weekly
Monthly
Quarterly
Winning
Years
8
Quarters
21
Losing
Years
4
Quarters
25
Q1
Q2
Q3
Q4
Avg
Total
Q1
Q2
Q3
Q4
Avg
Total
About Litecoin
Litecoin is a cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It is considered to be a "lite" version of Bitcoin, as it has a faster block generation time and uses a different algorithm for mining. Some of Litecoin's features include faster transaction times, a higher maximum supply of coins, and a different hashing algorithm (scrypt instead of SHA-256). Litecoin also has a strong community of developers and users who continue to work on improving the network and its features.
Litecoin is often referred to as "silver" to Bitcoin being "gold" it was created as a lighter and faster version of Bitcoin. It was designed to have a faster block generation time, which means that transactions on the Litecoin network are confirmed more quickly than on the Bitcoin network. This makes Litecoin a more suitable option for small, everyday transactions, while Bitcoin is often used for larger, more long-term investments.
Litecoin uses a different mining algorithm called scrypt, which is designed to be more memory-intensive than the SHA-256 algorithm used by Bitcoin. This makes it more difficult for large mining operations to dominate the network and ensures that mining remains decentralized.
Litecoin has a maximum supply of 84 million coins, which is four times the maximum supply of Bitcoin. This allows for more room for growth and adoption of the currency in the long term.
Litecoin also has a very active development community, which continues to work on improving the network and its features. Recent developments include the integration of SegWit, a technology that allows for more efficient use of block space, and the Lightning Network, which allows for faster, cheaper, and more private transactions on the Litecoin network.
Another benefit of Litecoin is that it has been around for a long time and, as such, has a strong track record. Many merchants, exchanges, and businesses worldwide have adopted it. Litecoin is one of the most traded cryptocurrencies and is available on most major crypto exchanges.
In summary, Litecoin is a cryptocurrency that offers faster transaction times, a higher maximum supply of coins, and a different hashing algorithm than Bitcoin. Its active development community, long-standing track record, and wide adoption make it a viable alternative to Bitcoin for both investment and everyday transactions.
Algorithms
(2)Proof of Work
Scrypt
Incomes
(1)Mining
Industries
(2)Medium Of Exchange
Payments
Tags
(3)Scarcity
Decentralized
Store Of Value
Contracts
(3)Stats
(12)Max Supply
84,000,000
Circulating Supply
74,809,375
Left in Circulation
9,190,625
Birthday
Age
12 Years
Decimals
8
Wallets
49
Exchanges
9
Pairs
13
Tickers
36
Base
13
All Time High
$373.22
Date Of ATH
May 10 2021
Days Since ATH
1225
All Time Low
$1.22
Date for ATL
Jan 14 2015
Days Since ATL
3533