Litecoin price LTC
Rank #24Updated · 1h ▲ 0.36% · 7d ▼ 7.40%
Last 7 days
Low $57.39 · High $65.78LTC converter
Full converter →About Litecoin
Litecoin (LTC) is ranked #24 by market cap, worth $4.60B. Over the last 24 hours, $206.00M of LTC was traded, with prices between $58.44 and $59.98.
Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens.
The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols. Key technical features include the Scrypt hashing algorithm, which promotes wider network participation, and MimbleWimble Extension Blocks, which improve user privacy by allowing transaction details to be hidden.
Litecoin price FAQ
What is the price of Litecoin today?
Litecoin (LTC) is trading at $59.20, down 1.00% in the last 24 hours.
What is Litecoin’s market cap?
Litecoin’s market capitalization is $4.60B, ranking #24 among all cryptocurrencies.
What is the all-time high of Litecoin?
Litecoin reached an all-time high of $410.26 on 9 May 2021. It is currently 85.6% below that level.
How many LTC are in circulation?
There are about 77.72M LTC in circulation, out of a maximum supply of 84.00M.
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