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LTC

Litecoin Market Stats

Litecoin Price

$22,014.48

Litecoin Price Change (24H)

$22,014.48

Litecoin Price (24H Low)

$22,014.48

Litecoin Price (24 High)

$22,014.48

Litecoin Price (All Time High)

$22,014.48

Litecoin Market Cap

$22,014.48

Litecoin Volume (24H)

$22,014.48

Litecoin Circulating Supply

$22,014.48

Litecoin Price Live Data

The live [Bitcoin] price today is [$20,014.48] with a 24-hour trading volume of [$44.6b]. The [BTC] price is updated in real-time. [Bitcoin] is [up/down] [45.77%] in the last 24 hours. The current [Bitcoin] live market cap is [$189,3B] with a circulating supply of [121.3M] [BTC] coins and a max supply of [21,000,000] [BTC] coins.

Looking to buy [Bitcoin] at the current rate? The best cryptocurrecny exchanges for trading for [Bitcoin] stocks and coins are Bitbuy, CoinSmart, NetCoins, Netwon, and Crypto.com; you can find other [Bitcoin]-[BTC] exchanges on our best crypto exchange, best crypto exchange in Canada and best crypto exchange in the USA pages.

What is Litecoin (LTC)?

Litecoin (LTC) is a hard fork of Bitcoin. It has consistently ranked among the best-performing altcoins since its inception. When it comes to the state of the cryptocurrency market as a whole, Litecoin is typically a leading indication.

As the community says, Litecoin (LTC) “lit the trail that paves the way to alt season”. Even if they don’t participate in the market, traders will keep an eye on the price of LTC. Many secondary markets are ready for massive price increases if Litecoin’s popularity takes off.

Litecoin’s source code is almost like Bitcoin’s. Like Bitcoin, it has a limited quantity and halves every four years. This implies that the incentive to mine blocks will gradually decrease over time.

Despite the tremendous volatility in the cryptocurrency industry, Litecoin (LTC) has maintained its position as a market leader. It sets itself apart from other altcoins (digital currencies other than Bitcoin) that launched in the early 2010s and have since faded.

Litecoin 2 - Comparewise

Who Created Litecoin (LTC)?

Charlie Lee is the creator of Litecoin (LTC). He is widely regarded as a pioneering businessman in the emerging cryptocurrency sector.

Lee created and launched Litecoin (LTC) in 2011, just two years after Bitcoin came out. He was still working for Google at the time. Lee left Google in 2013 to take the Engineering Manager position at the cryptocurrency exchange firm Coinbase. He then rose to be the Director of Engineering from 2015 to 2017.

Charlie left Coinbase in 2017 to focus on his non-profit, the Litecoin Foundation, which he had founded the year before. He has been the Litecoin Foundation’s Managing Director since March 2022. His primary goal is to increase awareness of and support Litecoin (LTC).

How Does Litecoin (LTC) Work?

Litecoin leverages an open-source cryptography algorithm to produce and transmit digital currency. All transactions are recorded in a decentralized, public ledger using blockchain technology.

Initially, one of the aims of Litecoin was to prevent enterprise-sized miners from gaining control of the mining process. The team planned to do this using a distinct encryption algorithm. However, miners quickly modified their specialized equipment and expanded their mining capacity.

Like Bitcoin, Litecoin (LTC) can be mined using ASIC mining hardware. The blocks of a blockchain store transaction data. The block is verified by mining software and made available to anyone who wants to see it. Upon validation, the subsequent block in the chain is generated, and Litecoin is distributed.

Litecoin has shifted from a mining ecosystem dominated by individual miners to a corporatized one. Hence, enormous mining pools managed by technology corporations account for the overwhelming majority of Litecoin mining.

It has a substantially lesser market capacity than other popular coins. Nevertheless, it remains one of the most traded cryptocurrencies, ranking inside the top 30 coins out of over 18,000. This suggests that it remains a popular cryptocurrency but lacks the financial appeal of Bitcoin and other newer currencies.

Is Litecoin (LTC) a Good Investment?

Litecoin (LTC) was not designed as a speculative investment or means of asset storage. However, some investors use LTC in this manner while others do not. Consult a competent adviser to see whether Litecoin is a suitable investment for you, judging from your plans.

The future of Litecoin is quite challenging to predict, given market sentiments and its supply. Litecoin has repeatedly shown its viability as an investment and is freely accessible online, making fundamental and technical analysis simple. Investing in Litecoin is straightforward and requires just a few mouse clicks. There are different trading platforms and exchanges to trade and invest in Litecoin.

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FAQs about Litecoin (LTC)

How many Litecoins (LTC) are there?

Litecoin (LTC) has a total supply of 84 million coins. Every 2.5 minutes, the blockchain of the cryptocurrency generates a new block. The supply is designed to diminish over time to preserve its value.

How is Litecoin (LTC) secured?

A network of miners secures Litecoin’s ecosystem. Since it is a decentralized digital asset, anybody may participate in block validation.

What can you use Litecoin (LTC) for?

Litecoin is a blockchain-based ecosystem, not just a digital currency. It may be traded for other currencies or used to buy products and services.

Litecoin News

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Litecoin Analysis

Litecoin (LTC) Analysis Summary

Since Litecoin has shown to be a secure investment, there is no reason to believe that its usage will cease soon.

One factor that facilitates its growth is the Mimblewimble Extension Blocks (MWEB), a long-awaited privacy-focused update. MWEB became operational on May 20, allowing Litecoin users to transmit and receive “private” transactions on the network.

MWEB update may not have resulted in price increases due to investors’ continued pessimism about the market. However, it increases Litecoin’s prospects of being the preferred payment method where privacy is paramount.

Most forecasts regarding Litecoin’s long-term worth agree that it will be high. According to some 2025 Litecoin price forecasts, the currency will be valued at more than $2,000 at that time. Even the most conservative forecasts indicate that Litecoin will be valued at least $1,000 in 10 years.

WalletInvestor predicted that in 2025, the average price of Litecoin (LTC) will increase to $203.405. According to their estimates for Litecoin during the next five years, the average price of Litecoin in 2027 might reach $238.605.

According to PricePrediction‘s Litecoin price forecast, the token’s value may reach $257.23 by 2025 and $1,609.92 by 2030. Again, DigitalCoin predicts Litecoins might be valued at a maximum of $143.76 in 2025 and $343.44 in 2030.

Analysis Q&As

What is Litecoin price today?

Litecoin price today is [price] within 24-hour trading volume of [Volume].

What was the highest price for Litecoin?

Litecoin hit an all time high of [All High].

What was the lowest price for Litecoin?

Litecoin had an all time low of [All Low].

What was the 24 hours trading volume of Litecoin?

The 24 hour trading volume of Litecoin is [Volume].

Where can Litecoin be traded?

You can trade Litecoin on Crypto.com, Kraken, Binance, and FTX. The popular trading pairs for Litecoin in the market includes LTC/USD, Litecoin/CAD, Litecoin/EUR, Litecoin/GBP, and Litecoin/AUD. Litecoin is a token that is related to the ... categories.

What exchange is Litecoin on?

Online traders can buy or sell Litecoin (LTC) on the top crypto exchange, such as Crypto.com, Kraken, Binance, and FTX.

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Litecoin Technicals

See Comparewise coin rating definitions for more information.

Litecoin Price Statistics
Litecoin Price Today

08/16/2022

Litecoin Price

$22,014.48

Litecoin Price Change (24H)

$22,014.48

Litecoin Price (24H Low)

$22,014.48

Litecoin Price (24H High)

$22,014.48

Litecoin Price (All Time High)

$22,014.48

Litecoin Market Cap

$22,014.48

Litecoin Volume (24H)

$22,014.48

Litecoin Circulating Supply

$121.3M

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