Litecoin (LTC) Price, News & Community

Ranked # 10

Price

$273.61 (6%)

All Time High

$360.66 (-24%)

Market Cap

$18,314,672,981

Volume (24h)

13,604,681,848

Cir. Supply

66,752,415 LTC

What is Litecoin?

Litecoin is a global digital currency based on the blockchain, a technology that powers similar currencies such as the Bitcoin. It was created as an improvement of Bitcoin in certain ways such as the speed of processing transactions which about four times faster with extremely low transaction fees and as such can be said to be a fork off Bitcoin. Litecoin is also open source and its source code is available under MIT/X11 license number.

The total number of Litecoins in its finite coinage is 4X the number of total available Bitcoins. The Scrypt algorithm that Litecoin utilizes also needs less processing power and is churned out every 2.5 minutes using the same Proof-of-Work protocol. There is also greater decentralization of the mining operation but to compensate for the less power needed, more processing memory is needed.

Founder: Charlie Lee
Release Date: October 13. 2011

Help us keep Hodlin going. Every little 'Bit' counts.

Community Posts

Dal

Litecoin at $65.54 on Sep 2, 2019

Centralized exchanges are critical cogs in the cryptocurrency scene. However, while they are slow with complex user interfaces, #DEXs will be major in coming years. Reasons are obvious and numerous..hacks, anyone? All the same, we shouldn't hide our heads in the sand and assume that adoption will pick up just like that. There is lack of knowledge on specifically how #AtomicSwapping works. #Litecoin #LTC #Bitcoin #BTC: #6234ebff6178" target="_blank" rel="ugc noopener">www.forbes.com/...waps/

A Complete Beginner's Guide To Atomic Swaps

Cryptocurrency users will have access to a truly decentralized means of trading crypto through atomic swaps, whilst being able to retain control over their digital assets at all times. Her...

Hodling

Litecoin at $98.23 on Aug 5, 2019

It has come to pass. The Litecoin 2019 halving event is now in effect. For those who do not know what this is, it is when he mining rewards for Litecoin gets cut in half. Next up is the #Bitcoin halving! What do you think BTC price will be next year May? www.coindesk.com/...iners

Litecoin Just Halved Its Crypto Rewards for Miners - CoinDesk

Litecoin, the fourth-largest cryptocurrency by market value, has just reduced its block reward for miners by half.

Dal

Litecoin at $119.05 on Jul 8, 2019

Tic Toc, it's about time. The impending #Litecoin scarcity shock is a shot in the arm for an already rallying #LTC. Time for $150 and later $180? Halving will see daily emissions slashed by half. Time set for August 5, 2019...On a more catious stand, is it all priced in?

Tuff Chain

Litecoin at $160.13 on Dec 11, 2017

I remember driving home feeling on top of the world when I heard the news that #CharlieLee was selling all his LTC. I ask myself "Why would he do that?". To make it worst he thought LTC was going to $20. Crazy! Right? Looking back at it now, this was the biggest sign to take profits. From now on I am doing whatever Charlie Lee is doing. #BestPredictions twitter.com/...60192

Ok, sorry to spoil the party, but I need to reign in the excitement a bit...

Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy! 😀
— Charlie Lee [LTC⚡] (@SatoshiLite) December 11, 2017

Dal

Litecoin at $88.42 on Apr 5, 2019

Layer-3application? #Boltz : "An instant, account free, and non-custodial digital asset exchange built on top of the #LightningNetwork." medium.com/...01432