|Litecoin (LTC)||Buy Litecoin Now|
|Litecoin is often referred to as 'Bitcoin-Lite', or 'silver' to Bitcoin's gold. It's indeed a Bitcoin fork, but though they share the same blockchain|
|Change 7d||10.19%||Market Cap||$5 863 909 541|
|Available supply||73 960 827 LTC|
|Volume 24h||$529 910 168|
|Updated||Saturday, December 9, 2023 8:00:04AM UTC|
General LTC facts, technical details and Litecoin Cryptocurrency information
Cryptocurrency, created by former employee of Google Charles Li, is already accepted by companies in the field of electronics, clothing, games and advertising. The main characteristic of the Litecoin network is its ability to process a higher transaction volume compared to its counterpart, bitcoin. Another advantage is a large pool of coins: it is planned that in the course of history about 84 million litecoins will be created, which is four times the number of coins in bitcoin blockchain. Theoretically, this should allow Litecoin not to turn into an overly accessible currency, which could lead to its devaluation, but also protect it from becoming too complex to generate, and therefore potentially too expensive. How this strategy will work in the long term, we still have to see, but the current price of around $ 50 per coin indicates good prospects for the crypto currency.
Litecoin is often referred to as “Bitcoin-Lite”, or “silver” to Bitcoin’s gold. It’s indeed a Bitcoin fork, but though they share the same blockchain, the differences between the two cryptocurrencies are many. Firstly, they rely on different algorithms, and because of a less complex one Litecoin mining is perceived as more accessible for everyday user. Secondly, though the transactions in both chains occur simultaneously, their confirmation time is different: it takes around 9 minutes for Bitcoin’s long-term average transaction to be confirmed vs. 2,5 minutes for a Litecoin one, and such speed gives Litecoin a competitive advantage.
After the SegWit protocol implementation in April 2017, the price of Litecoin has grown steadily from $10 to more than $300 in December, making it one the fastest growing cryptocurrencies this year. Litecoin was also a beneficiary of the bitcoin rally – on certain days it enjoyed 20% or event 30% price increases. Thanks to its transaction speed Litecoin is positioned by its founder, Charlee Lee, as a cryptocurrency for everyday payments vs. bitcoin which is better as a long-term store of value.
Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
Find support across a growing number of Litecoin communities:
Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 30||69.98||69.25||70.06||5 135 106 309|
|Dec 01||69.45||69.34||72.05||5 283 947 139|
|Dec 02||71.54||71.53||72.57||5 337 840 920|
|Dec 03||72.27||71.55||72.62||5 356 922 681|
|Dec 04||72.25||72.17||74.72||5 344 582 162|
|Dec 05||72.82||71.76||73.39||5 408 696 153|
|Dec 06||74.29||72.80||74.31||5 383 393 681|
|Dec 07||72.42||72.42||74.39||5 476 710 219|
|Dec 08||74.06||73.80||78.14||5 732 229 970|
|Dec 09||78.40||78.01||79.28||5 863 909 541|
* Crypto Rating accepts no liability for any errors in the Litecoin information, LTC Prices and LTC's Market Cap. For the most up-to-date prices please visit the Litecoin's official website.
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||83.2%||32||$44 191.65||2.28%||14.09%||$864 601 373 120|
|2||ETH||Ethereum predictions||77.2%||36||$2 384.27||1.22%||13.64%||$286 631 337 595|
|3||USDT||Tether predictions||96%||1||$1.000286||0.02%||-0.01%||$90 361 522 312|
|4||XRP||XRP predictions||81.6%||28||$0.691977||7.73%||12.59%||$37 337 342 228|
|5||BNB||Binance Coin predictions||85.2%||18||$244.21||4.75%||6.78%||$37 045 963 060|
|6||SOL||Solana predictions||80.8%||38||$77.33||7.81%||24.47%||$32 939 078 279|
|7||USDC||USD Coin predictions||90.8%||1||$0.999988||-0.01%||0.01%||$24 499 538 291|
|8||ADA||Cardano predictions||81.2%||37||$0.621468||30.58%||60.61%||$21 949 609 212|
|9||DOGE||Dogecoin predictions||74.4%||53||$0.104135||6.51%||24.05%||$14 803 690 586|
|10||AVAX||Avalanche predictions||75.6%||50||$32.83||21.42%||48.15%||$12 006 820 565|
|11||STETH||Lido stETH predictions||96%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|12||TRX||TRON predictions||94%||7||$0.108469||2.71%||4.89%||$9 596 597 053|
|13||LINK||Chainlink predictions||77.6%||38||$17.23||7.97%||9.25%||$9 592 622 058|
|14||WTRX||Wrapped TRON predictions||90.4%||7||$0.107924||2.30%||4.39%||$9 548 377 600|
|15||DOT||Polkadot predictions||78%||38||$7.54||20.76%||36.96%||$9 456 502 227|
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