LTC

LitecoinLTC

Rank #8
Coin
On 285,517 watchlists

Litecoin Price (LTC)

$193.96
6.53%

0.003900 BTC6.67%

0.1219 ETH9.99%

Low:$172.89
High:$204.74
24h
LTC  Litecoin LTCPrice: $193.96 6.53%
Market Cap
$12,906,828,124
6.52%
Fully Diluted Market Cap
$16,292,854,101
6.53%
Volume
24h
$7,090,906,112
7.13%
Circulating Supply
66,542,888 LTC
79%
Max Supply
84,000,000
Total Supply
66,542,888
 

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About Litecoin

The live Litecoin price today is $193.96 USD with a 24-hour trading volume of $7,090,906,112 USD. Litecoin is up 6.53% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $12,906,828,124 USD. It has a circulating supply of 66,542,888 LTC coins and a max. supply of 84,000,000 LTC coins.

The top exchanges for trading in Litecoin are currently Binance, Huobi Global, OKEx, HBTC, and Hydax Exchange. You can find others listed on our crypto exchanges page.

What Is Litecoin (LTC)?

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.

The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.

Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.

The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight.

Who Are the Founders of Litecoin?

As we previously touched on, Litecoin was founded by Charlie Lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry.

Charlie Lee, also known as “Chocobo,” is an early Bitcoin miner and computer scientist, who was a former software engineer for Google. In addition, Charlie Lee held the role of director of engineering at Coinbase between 2015 and 2017 before moving on to other ventures.

\ Today, Charlie Lee is an outspoken advocate of cryptocurrencies and is the managing director of the Litecoin Foundation—a non-profit organization that works alongside the Litecoin Core Development team to help advance Litecoin.

Besides Lee, the Litecoin Foundation also includes three other individuals on the board of directors: Xinxi Wang, Alan Austin and Zing Yang — all of which are accomplished in their own right.

What Makes Litecoin Unique?

Behind Bitcoin, Litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits.

As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.

Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support.

In late 2020, Litecoin also saw the release of the MimbleWimble (MW) testnet, which is used to test Mimblewimble-based confidential transactions on Litecoin. Once this feature is available on the mainnet, Litecoin users will also benefit from greatly enhanced privacy and fungibility.

Check out Bitcoin (BTC) — the original cryptocurrency.

Check out Nano (NANO) — another lightweight, fast cryptocurrency.

Get up to date with the latest Litecoin updates and discussion.

Subscribe to the CoinMarketCap blog for the latest cryptocurrency news and updates.

How Many Litecoin (LTC) Coins Are There in Circulation?

Like most proof-of-work (POW) cryptocurrencies, the amount of Litecoin in circulation gradually increases with each newly mined block.

As of January 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million. The Litecoin Foundation recently estimated it will be well over 100 years until Litecoin reaches full dilution (around the year 2140) — since the number of LTC mined per block decreases every four years as part of the block reward halving schedule.

Around 500,000 LTC was instamined on day one after the LTC genesis block was mined and Charlie Lee and presumably other early Litecoin developers were among the first miners.

Despite this, as a fairly distributed asset, the Litecoin developers or Charlie Lee do not receive any direct profits from the operation of Litecoin—other than anything they may earn as part of the regular mining process.

How Is the Litecoin Network Secured?

As a blockchain-based cryptocurrency, Litecoin is secured by incredibly strong cryptographic defenses — making it practically impossible to crack.

Like Bitcoin and several other cryptocurrencies, Litecoin uses the PoW consensus algorithm to ensure transactions are confirmed quickly and without errors. The combined strength of the Litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime.

Where Can You Buy Litecoin (LTC)?

Litecoin is one of the most broadly available cryptocurrencies, as such, it can be purchased or traded on a large variety of exchanges. Some of the most prominent names include Huobi Global, Binance, Coinbase Pro, OKEx and Kraken.

Litecoin is one of the few cryptocurrencies with a wide variety of fiat trading pairs, and can be exchanged for U.S. dollars (USD), Korean won (KRW), euros (EUR) and more. For more information about buying cryptocurrencies with fiat, see our comprehensive guide.

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LTC

Litecoin

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LTC Price Statistics

Litecoin Price Today
Litecoin Price$193.96
Price Change24h$11.89
6.53%
24h Low / 24h High
$172.89 /
$204.74
Trading Volume24h$7,090,906,111.51
7.13%
Market Dominance1.00%
Market Rank#8
Litecoin Market Cap
Market Cap$12,906,828,123.73
6.52%
Fully Diluted Market Cap$16,292,854,100.88
6.53%
Litecoin Price Yesterday
Yesterday's Low / High
$169.79 /
$189.17
Yesterday's Open / Close
$176.97 /
$181.38
Yesterday's Change

2.49%

Yesterday's Volume$7,205,360,251.75
Litecoin Price History
7d Low / 7d High
$159.68 /
$245.96
30d Low / 30d High
$118.79 /
$245.96
90d Low / 90d High
$68.55 /
$245.96
52 Week Low / 52 Week High
$25.57 /
$245.96
All Time High
Dec 19, 2017 (3 years ago)
$375.29
48.32%
All Time Low
Jan 14, 2015 (6 years ago)
$1.11
17315.42%
Litecoin ROI

4412.33%

Litecoin Supply
Circulating Supply66,542,888 LTC
Total Supply66,542,888 LTC
Max Supply84,000,000 LTC

Litecoin Markets

#

Source

Pairs

Price

Volume

Volume %

Liquidity

Confidence

Updated

1

Binance

$192.75

$344,695,307

4.86%

452

High

Recently

2

Huobi Global

$192.64

$305,577,033

4.31%

503

High

Recently

3

HitBTC

$193.83

$208,668,935

2.94%

323

High

Recently

4

Bitcoin.com Exchange

$193.72

$208,550,012

2.94%

355

High

Recently

5

OKEx

$192.39

$169,347,769

2.39%

430

High

Recently

6

Coinbase Pro

$192.75

$124,558,712

1.76%

459

High

Recently

About Litecoin

The live Litecoin price today is $193.96 USD with a 24-hour trading volume of $7,090,906,112 USD. Litecoin is up 6.53% in the last 24 hours. The current CoinMarketCap ranking is #8, with a live market cap of $12,906,828,124 USD. It has a circulating supply of 66,542,888 LTC coins and a max. supply of 84,000,000 LTC coins.

The top exchanges for trading in Litecoin are currently Binance, Huobi Global, OKEx, HBTC, and Hydax Exchange. You can find others listed on our crypto exchanges page.

What Is Litecoin (LTC)?

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.

The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.

Litecoin was released via an open-source client on GitHub on Oct. 7, 2011, and the Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence.

The cryptocurrency was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," in that it features many of the same properties as Bitcoin—albeit lighter in weight.

Who Are the Founders of Litecoin?

As we previously touched on, Litecoin was founded by Charlie Lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry.

Charlie Lee, also known as “Chocobo,” is an early Bitcoin miner and computer scientist, who was a former software engineer for Google. In addition, Charlie Lee held the role of director of engineering at Coinbase between 2015 and 2017 before moving on to other ventures.

\ Today, Charlie Lee is an outspoken advocate of cryptocurrencies and is the managing director of the Litecoin Foundation—a non-profit organization that works alongside the Litecoin Core Development team to help advance Litecoin.

Besides Lee, the Litecoin Foundation also includes three other individuals on the board of directors: Xinxi Wang, Alan Austin and Zing Yang — all of which are accomplished in their own right.

What Makes Litecoin Unique?

Behind Bitcoin, Litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits.

As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.

Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support.

In late 2020, Litecoin also saw the release of the MimbleWimble (MW) testnet, which is used to test Mimblewimble-based confidential transactions on Litecoin. Once this feature is available on the mainnet, Litecoin users will also benefit from greatly enhanced privacy and fungibility.

Check out Bitcoin (BTC) — the original cryptocurrency.

Check out Nano (NANO) — another lightweight, fast cryptocurrency.

Get up to date with the latest Litecoin updates and discussion.

Subscribe to the CoinMarketCap blog for the latest cryptocurrency news and updates.

How Many Litecoin (LTC) Coins Are There in Circulation?

Like most proof-of-work (POW) cryptocurrencies, the amount of Litecoin in circulation gradually increases with each newly mined block.

As of January 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million. The Litecoin Foundation recently estimated it will be well over 100 years until Litecoin reaches full dilution (around the year 2140) — since the number of LTC mined per block decreases every four years as part of the block reward halving schedule.

Around 500,000 LTC was instamined on day one after the LTC genesis block was mined and Charlie Lee and presumably other early Litecoin developers were among the first miners.

Despite this, as a fairly distributed asset, the Litecoin developers or Charlie Lee do not receive any direct profits from the operation of Litecoin—other than anything they may earn as part of the regular mining process.

How Is the Litecoin Network Secured?

As a blockchain-based cryptocurrency, Litecoin is secured by incredibly strong cryptographic defenses — making it practically impossible to crack.

Like Bitcoin and several other cryptocurrencies, Litecoin uses the PoW consensus algorithm to ensure transactions are confirmed quickly and without errors. The combined strength of the Litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime.

Where Can You Buy Litecoin (LTC)?

Litecoin is one of the most broadly available cryptocurrencies, as such, it can be purchased or traded on a large variety of exchanges. Some of the most prominent names include Huobi Global, Binance, Coinbase Pro, OKEx and Kraken.

Litecoin is one of the few cryptocurrencies with a wide variety of fiat trading pairs, and can be exchanged for U.S. dollars (USD), Korean won (KRW), euros (EUR) and more. For more information about buying cryptocurrencies with fiat, see our comprehensive guide.

How do you feel about Litecoin today?

Vote to see community results

Litecoin News

Read more