Litecoin (LTC)

Curr. Value 24 Hr. Change ($) 24 Hr. Change (%)
USD 53.46000000 -0.05000000 -0.09
BTC 0.00663600 -0.00002600 -0.39
EUR 48.02000000 0.04000000 0.08
GBP 41.63000000 0.11000000 0.26
JPY 5774.71783000 -14.42217000 -0.25
Property Value
Last Updated 2019-10-22 22:16:27
Market Cap. $ 3,370,078,000
Volume 24h $ 6,281,000
Open 24h $ 54.97
Low/High 24h $ 53.16 - $ 55.24
Litecoin Market Analysis

The Litecoin price is sitting at $ 53.46, representing a loss of -0.09 % in the last 24 hours.

A week ago, LTC was valued at $ 52.56 , showing a gain of 1.68 % since that time.

30 days ago, LTC was valued at $ 66.47 , showing a loss of -24.34 %.

More than $6.28 M worth of LTC were exchanged in the LTC/USD market over the last 24 hours.


Litecoin (LTC) Recent Trades

Source: CryptoCompare
Currently streaming from:
Market Type ID Price Quantity Total
Total Points
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Forum Posts
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Crypto
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Twitter
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Code
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Litecoin (LTC) Social Media Activity

0 Twitter Points
Followers 0
Following 0
Favorites 0
Statuses 0
Lists 0
0 Reddit Points
Users 0
Subscribers 0
Posts Per Hour 0
Posts Per Day 0
Comments Per Hour 0
Comments Per Day 0
0 Facebook Points
Likes 0
Talking 0
 
0 Code Repository Points

Litecoin Historical Prices

Date Price (USD) Change
Rank Max Supply Algorithm Proof Type Start Date Difficulty Adjustment
3 84000000 Scrypt PoW 13/10/2011 2016 blocks
Block Reward Reduction Block Number Network H/s Current Supply Block Reward Block Time
50% 1685213 4.2391328055521E+14 63039243.300005 12.5 150

Litecoin LTC - provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have - which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones - however it has a solid base of support and dedicated development team.

The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.

In May 2017, Litecoin became the first of the Top 5 (By Market Cap) cryptocurrencies to implement the SegWit scaling solution. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.

Litecoin Mining Profitability
Profit Per Hour
$0.00
Mined/Hour
LTC 0.00
Pool Cost/Hour
$ 0.00
Power Cost/Hour
$ 0.00
Profit Per Day
$0.00
Mined/Day
LTC 0.00
Pool Cost/Day
$ 0.00
Power Cost/Day
$ 0.00
Profit Per Week
$0.00
Mined/Week
LTC 0.00
Pool Cost/Week
$ 0.00
Power Cost/Week
$ 0.00
Profit Per Month
$0.00
Mined/Month
LTC 0.00
Pool Cost/Month
$ 0.00
Power Cost/Month
$ 0.00
Profit Per Year
$0.00
Mined/Yesr
LTC 0.00
Pool Cost/Year
$ 0.00
Power Cost/Year
$ 0.00
Hardware costs will
be paid off in:

Litecoin is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.

Miners are currently awarded with 25 new litecoins per block, an amount which gets halved roughly every 4 years (every 840,000 blocks). The Litecoin network is therefore scheduled to produce 84 million litecoins, which is 4 times as many currency units as Bitcoin.

The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.

- Faster transaction confirmations (2.5 minutes on average)

- Scrypt-based mining proof-of-work algorithm

- 84 million litecoins

- Higher transaction volume than Bitcoin

- MIT/X11 license