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Litecoin current price is $59.29.

Litecoin current price is $59.29 with a marketcap of $3.90 B. Its price is 6.56% up in last 24 hours.


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  • litecoin
    Litecoin (LTC)
  • Live Price
    $59.29
  • 24h %
    6.56%
  • Market Cap
    $3.90 B
  • Volume
    $2.98 B
  • Available Supply
    65.74 M LTC
  • Rank
    9

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★ More Info About Litecoin

Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins. Why Litecoin? Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes. ‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained. As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power. Litecoin Technical Details: The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units. Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

Litecoin Historical Data

Date Price Volume MarketCap

Litecoin Markets / Exchanges

# Exchange Pair Price Volume (24h) Updated

Litecoin Twitter News Feed

We are pleased to announce our crypto lending partner, @ihaveCred now supports Litecoin in all 50 states! Head over to https://earn.mycred.io/litecoin and start compounding today! #Litecoin #Defi $LTC #LitecoinFam

💥 Boom💥 To increase consumer understanding & adoption of cryptocurrency, the company is introducing the ability to buy, hold & sell select cryptocurrencies, initially featuring Bitcoin, Ethereum, ...& Litecoin, directly within the PayPal digital wallet.
https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency

🔥Huge demand for Litecoin Trust!🔥

Grayscale says they've seen "unprecedented" demand for Litecoin Trust and two other products, with inflows increasing by more than 1400% quarter-over-quarter!

https://grayscale.co/insights/grayscale-q3-2020-digital-asset-investment-report/

#Litecoin #PayWithLitecoin

Happy 9th birthday #Litecoin!!

That's like 90 in traditional finance years.

Let's all head over to Cracker Barrel for some chicken soup & decaffeinated coffee.

It's "10% Off Tuesday" for seniors.

#MWEB is entering its final stages and we have many people to thank. The #LitecoinFam, the @LTCFoundation, @DavidBurkett38, @SatoshiLite. Now to commemorate this event, our #Litecoin Chikun must evolve. I bring you the #Warlock Chikun! Fast, reliable, secure and NOW fungible.

2

#Litecoin blockchain & $LTC is now supported by @klever_io!

#Klever is a 4th gen mobile crypto wallet ecosystem with over 250k DAU & 1.1M total users.

#LTC holders can Hold, Send, Receive & Charge LTC in Klever.

You can download Klever Update 4.0.6 at http://klever.io

How are we all doing today #LitecoinFam ?

Show us your mood through a GIF or pic.

Here's ours as we grow in transactions & usage over the past week.

http://litecointalk.io growth resumed. We are growing at a monthly rate of 10%+. Does that imply that #Litecoin userbase is also growing at such a speed?

To celebrate the partnership between @atari & the Litecoin Foundation, we've designed a fun t-shirt.

It's young Chikun playing Breakout!

Pick up yours today at https://litecoin-foundation.org/product/short-sleeve-unisex-t-shirt/

Some of the proceeds will go towards funding future #Litecoin projects.

Litebringer is fully played on the #Litecoin Blockchain.

Choose your role and play today!

Earn & spend #LTC on the first of it's kind blockchain game where every move on the game is a transaction.

@litebringergame

The fully decentralized game stores all players’ characters, weapons, and items on the blockchain for trading using Litecoin https://cointelegraph.com/news/germany-based-gaming-company-releases-rpg-on-the-litecoin-blockchain

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