|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||-7.29%||Market Cap||$13 874 244 722|
|Available supply||69 103 207 LTC|
|Volume 24h||$1 446 376 983|
|Updated||Friday, December 3, 2021 4:00:04AM 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 24||216.39||206.76||216.91||14 617 728 675|
|Nov 25||212.41||212.41||228.16||15 445 158 063|
|Nov 26||222.87||191.17||222.87||13 614 925 428|
|Nov 27||194.87||192.40||199.69||13 521 760 179|
|Nov 28||195.17||187.36||197.73||13 430 049 041|
|Nov 29||199.35||196.15||208.70||14 261 290 147|
|Nov 30||205.87||200.49||214.80||14 468 223 035|
|Dec 01||208.01||207.36||216.61||14 345 355 167|
|Dec 02||208.97||202.63||209.14||14 162 127 094|
|Dec 03||203.49||200.78||203.49||13 874 244 722|
* 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||70.8%||54||$56 409.75||0.06%||-2.61%||$1 065 549 908 073|
|2||ETH||Ethereum predictions||78.8%||32||$4 502.38||0.10%||1.67%||$533 908 042 006|
|3||BNB||Binance Coin predictions||82%||34||$613.96||0.16%||-1.92%||$102 409 523 073|
|4||USDT||Tether predictions||90.8%||1||$1.001459||0.11%||0.10%||$74 211 260 312|
|5||SOL||Solana predictions||73.2%||59||$230.69||2.82%||12.10%||$70 507 890 122|
|6||ADA||Cardano predictions||64.8%||75||$1.68||9.42%||2.11%||$56 038 092 489|
|7||XRP||XRP predictions||64.8%||71||$0.970535||0.13%||-6.02%||$45 855 154 609|
|8||USDC||USD Coin predictions||94%||2||$1.001277||0.27%||0.17%||$39 103 668 339|
|9||DOT||Polkadot predictions||65.2%||77||$35.59||1.24%||-7.80%||$35 145 425 116|
|10||DOGE||Dogecoin predictions||59.2%||80||$0.207628||1.70%||-4.69%||$27 481 399 440|
|11||LUNA||Terra predictions||67.6%||68||$66.93||5.65%||52.44%||$25 971 315 011|
|12||AVAX||Avalanche predictions||62%||75||$106.73||-8.36%||-7.72%||$23 904 356 191|
|13||SHIB||SHIBA INU predictions||63.2%||78||$0.000041||-1.75%||1.32%||$22 616 002 259|
|14||CRO||Crypto.com Chain predictions||60%||89||$0.688991||-2.59%||-6.99%||$17 405 985 331|
|15||MATIC||Polygon predictions||71.6%||63||$2.11||0.94%||13.42%||$14 799 705 460|
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