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 | |
CVIX | 32 |
Current price | $68.93 |
Change 24h | -0.79% |
Change 7d | -7.65% | Market Cap | $5 178 867 232 |
Available supply | 75 127 762 LTC |
Volume 24h | $200 808 920 |
Updated | Sunday, October 27, 2024 6:00:35AM UTC |
Nature | Coin |
Mineable | Yes |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $63.05 | -8.57% |
---|
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, $ |
---|---|---|---|---|
Oct 18 | 72.73 | 71.93 | 74.68 | 5 529 168 437 |
Oct 19 | 73.21 | 73.21 | 75.36 | 5 642 171 044 |
Oct 20 | 74.87 | 73.77 | 75.54 | 5 570 151 808 |
Oct 21 | 74.12 | 70.67 | 74.12 | 5 317 866 833 |
Oct 22 | 70.73 | 69.47 | 71.06 | 5 263 605 308 |
Oct 23 | 69.92 | 68.33 | 70.18 | 5 271 890 641 |
Oct 24 | 70.05 | 69.51 | 71.13 | 5 318 021 996 |
Oct 25 | 71.10 | 70.28 | 72.12 | 5 279 617 027 |
Oct 26 | 68.65 | 68.30 | 69.46 | 5 136 521 354 |
Oct 27 | 68.40 | 68.11 | 68.96 | 5 178 867 232 |
* 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 | 80.4% | 28 | $67 082.34 | 0.04% | -1.64% | $1 326 457 752 144 | ||
---|---|---|---|---|---|---|---|---|---|---|
2 | ETH | Ethereum predictions | 84.8% | 28 | $2 479.23 | 0.46% | -6.09% | $298 502 873 223 | ||
3 | USDT | Tether predictions | 96% | 1 | $0.998584 | -0.01% | -0.13% | $120 134 116 287 | ||
4 | BNB | Binance Coin predictions | 90.4% | 11 | $584.38 | 0.37% | -1.92% | $85 278 919 638 | ||
5 | SOL | Solana predictions | 70.8% | 53 | $172.50 | 3.51% | 8.21% | $81 106 793 926 | ||
6 | USDC | USD Coin predictions | 95.6% | 1 | $0.999795 | -0.02% | -0.01% | $34 672 116 067 | ||
7 | XRP | XRP predictions | 80.8% | 28 | $0.514486 | 0.35% | -5.01% | $29 228 888 352 | ||
8 | DOGE | Dogecoin predictions | 65.2% | 78 | $0.137816 | 3.00% | -2.30% | $20 195 232 473 | ||
9 | TRX | TRON predictions | 95.6% | 2 | $0.165938 | 1.12% | 6.13% | $14 351 212 392 | ||
10 | TON | Toncoin predictions | 86.8% | 23 | $4.94 | 0.23% | -6.44% | $12 545 577 715 | ||
11 | ADA | Cardano predictions | 84% | 26 | $0.333038 | 0.23% | -4.85% | $11 651 975 534 | ||
12 | AVAX | Avalanche predictions | 73.6% | 45 | $25.52 | 0.32% | -8.37% | $10 387 994 879 | ||
13 | STETH | Lido stETH predictions | 94.8% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 | ||
14 | WTRX | Wrapped TRON predictions | 93.2% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 | ||
15 | WBTC | Wrapped Bitcoin predictions | 93.2% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |
Nonetheless, LTC/USD is at risk of a price correction as it paints a classic bearish reversal pattern. Litecoin (LTC) has posted daily gains of almost 20% on Nov. 9, the highest...
Litecoin price achieves $400 amid an overall crypto market boom. Litecoin (LTC) has broken the $400 mark, reaching a new all-time high price of $414 on Bitstamp on Monday...
The group already has Bitcoin and Ether ETPs listed on the Deutsche Börse Xetra. London-based ETC Group, the firm responsible for listing the first crypto...
Amid a steady rally, bitcoin has conquered an all-time peak, aiming for new highs. Other cryptocurrencies are also appreciating at a furious pace. In February 2021...
One of the most common questions in the crypto industry these days is whether or not crypto mining can still be profitable. As you may expect, the answer is not as black...
Crypto lending platforms are growing in number as the asset class becomes more popular around the world. Many leading crypto firms have created lending programs...
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2024 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.