LTC Live Price
Overview
Price
$100.22
24h% change
7.0%
Volume (24h)
$1.026B
Market Cap
$7.550B
What Is Litecoin
Litecoin (LTC) is a cryptocurrency engineered to facilitate swift, secure, and cost-effective transactions by harnessing the distinctive attributes of blockchain technology.
Derived from the Bitcoin (BTC) protocol, Litecoin differs in its utilization of a distinct hashing algorithm, a defined hard cap, block transaction times, and several other factors. With a mere 2.5-minute block time and exceptionally low transaction fees, Litecoin is well-suited for micro-transactions and point-of-sale payments.
Introduced through an open-source client on GitHub on October 7, 2011, Litecoin's network went live just five days later on October 13, 2011. Since its inception, it has experienced significant growth in both usage and acceptance among merchants, consistently ranking among the top ten cryptocurrencies by market capitalization.
Charlie Lee, a former Google employee, is the creator of Litecoin. His vision was to craft Litecoin as a "lite version of Bitcoin," featuring many similar properties while maintaining a lighter overall profile.
Where to Accept ltc?
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What is the all-time high for Litecoin (ltc)?
Litecoin’s historic highest price is $410.26, which was recorded on 10th of May 2021. Currently, Litecoin’s price is %75.7 Lower than its historic high.
What is the all-time low for Litecoin (ltc)?
Litecoin’s historic lowest price is $1.15, which was recorded on 14th of January 2015. Currently, Litecoin’s price is %8577.4 Higher than its historic low.
What are the most important factors affecting the price of Litecoin (ltc)?
Let's take a look at the important factors that impact Litecoin's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.
