Litecoin (LTC) Overview
Litecoin is a peer-to-peer cryptocurrency designed for fast, secure, and low-cost transactions. Often referred to as the "silver to Bitcoin's gold," Litecoin leverages blockchain technology with optimized features like faster block generation and lower fees.
LTC Real-Time Price Data
- Current Price: $-- (LTC/USDT)
- Market Cap: $6.36B
- 24h Trading Volume: $6.36B
- 24h Price Change: 0.00%
- Circulating Supply: 76.02M LTC
Historical Price Performance
All-Time High (ATH): $412.96 (May 10, 2021)
- Current price is 79.71% lower than ATH.
All-Time Low (ATL): $1.11 (January 14, 2015)
- Current price is 7,422.61% higher than ATL.
LTC Market Information
| Metric | Value |
|---|---|
| Popularity Rank | #20 |
| Market Cap | $6.36B |
| 24h Volume | $6.36B |
| Supply in Circulation | 76.02M LTC |
About Litecoin (LTC)
Litecoin is an open-source, decentralized cryptocurrency that enables instant global payments. Its core software, Litecoin Core, operates without central authority, relying on peer-to-peer technology to manage transactions and issuance.
🔹 Key Features:
- Faster Transactions: 2.5-minute block time (vs. Bitcoin’s 10 minutes).
- Low Fees: Ideal for microtransactions and merchant adoption.
- Scrypt Algorithm: Democratizes mining by reducing hardware dominance.
FAQ About Litecoin (LTC)
1. What Is Litecoin (LTC)?
Litecoin is a cryptocurrency optimized for payments, offering faster confirmations and lower costs than Bitcoin. Created in 2011 by Charlie Lee, it’s often called a "lighter version of Bitcoin."
👉 Learn more about Litecoin’s technology
2. How to Buy Litecoin (LTC)?
Purchase LTC with USDT on supported exchanges. Follow platform-specific guides for step-by-step instructions.
3. What Is Litecoin Used For?
- Payments: Low-cost transactions for merchants.
- Transfers: Cross-border value exchange.
- Mining Rewards: Securing the network via PoW consensus.
4. Who Founded Litecoin?
Charlie Lee, a former Google engineer, launched Litecoin in October 2011.
5. How Does Litecoin Differ from Bitcoin?
| Feature | Litecoin (LTC) | Bitcoin (BTC) |
|---|---|---|
| Block Time | 2.5 minutes | 10 minutes |
| Algorithm | Scrypt | SHA-256 |
| Total Supply | 84M LTC | 21M BTC |
6. What Influences LTC Price?
- Adoption: Merchant acceptance and partnerships.
- Halving Events: Reduced supply every 840,000 blocks (~4 years).
- Market Sentiment: Macro trends and regulatory news.
👉 Track real-time LTC price movements
7. Future Developments for Litecoin
- Privacy Upgrades: MimbleWimble integration.
- Scalability Solutions: Layer-2 integrations.
- Global Adoption: Expansion in emerging markets.
Conclusion
Litecoin remains a prominent cryptocurrency for fast, affordable transactions. Its consistent development and growing use cases position LTC as a resilient asset in the crypto ecosystem. Stay updated with real-time price tracking and market insights to make informed decisions.