About Litecoin
Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.
Buy LitecoinHappening now
AI generated 15h ago
LTC declined ↘4% this Friday afternoon, underperforming Layer 1 peers like IP.
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Buyer Ratio
Traders
15K
-1.73%
Buyers
12K
0.74%
Sellers
3.8K
-8.3%
Searched
3.2K
Market Stats
Market Cap
€7.40B
-2.26%
FDV
€8.15B
Circ. Supply
76M LTC
Max Supply
84M LTC
Total Supply
84M LTC
Diluted Valuation
€7.40B
Performance
Popularity
#20
Dominance
0.22%
Volume (24H)
€405.58M
-26.7%
Volume (7D)
€3.68B
Volume (30D)
€11.27B
All time high
€357.58
Price Change (1Y)
70.53%
Additional details
Market details
LTC vs markets
↘ 8.91%
LTC vs BTC
↘ 6.75%
LTC vs ETH
↘ 0.38%
Tags
mineable
pow
scrypt
medium-of-exchange
+4
Network & Addresses
Network | Address | |
---|---|---|
Base | 0xcb17C9Db87B595717C857a08468793f5bAb6445F | |
Litecoin | NA |
Price history
Time | Price | Change |
---|---|---|
Today | €96.99 | ↘ 2.02% |
1 Day | €98.84 | ↘ 2.04% |
1 Week | €102.26 | ↘ 5.01% |
1 Month | €98.56 | ↘ 0.66% |
1 Year | €59.86 | ↗ 70.53% |
Coinbase insights
Happening now
AI generated 15h ago
LTC declined ↘4% this Friday afternoon, underperforming Layer 1 peers like IP.
Market Position
•
Posted ↘2% weekly decline, underperforming Layer 1 category average while AVAX gained ↗19%
•
Showed modest ↗1% monthly gains, trailing category average as IP surged ↗90%
•
Delivered solid ↗75% annual gains, though below Layer 1 category average ↗102%
Past Stories
Recent trends
The latest LTC price is €96.99. Compared to Litecoin's value of €98.84 from 24 hours ago, there's been a -2% decrease, while the current price is -5% down from €102.26 which was recorded one week ago. Litecoin's all time high is €357.58, which was reached on December 12, 2017. This is a -73% change from its price today.
The current circulating supply of Litecoin is 76,318,783. This is 91% of its max supply of 84,000,000 LTC and 91% of its total supply of 84,000,000. The market cap is currently €7.40B, which is a result of multiplying the current price of Litecoin(€96.99) by the total supply(84,000,000 LTC). The fully diluted valuation of Litecoin is €8.15B. The diluted valuation of Litecoin is €8.15B.
Litecoin had 12,436 buyers, 3,788 sellers and total 14,947 trades in the last 24h. Litecoin was searched 3,210 times in the last 24h.
FAQ
Litecoin (LTC) is a peer-to-peer cryptocurrency designed to facilitate fast and low-cost digital transactions. Created in 2011 by Charlie Lee, Litecoin was developed as a fork of Bitcoin, sharing many of its fundamental properties while introducing differences in transaction speed and cost. It utilizes a different hashing algorithm, has a higher maximum supply, and processes transactions in 2.5-minute blocks, making it suitable for microtransactions and everyday payments. Its blockchain aims to provide an alternative payment method that supports decentralized transfers without intermediaries.
Litecoin operates on a Proof of Work (PoW) blockchain, where miners validate transactions by solving cryptographic puzzles. This process secures the network and prevents double-spending while ensuring that transactions are processed efficiently. Litecoin's mining system, similar to Bitcoin’s, allows participants to compete for block rewards while maintaining decentralized verification. With a maximum supply of 84 million LTC, new coins are gradually released through mining, and as of late 2023, more than 73 million LTC have already been mined.
Litecoin aims to serve as a fast and cost-effective digital payment option, with thousands of merchants accepting LTC globally. Its lower transaction fees and faster block times make it an alternative for cross-border payments and daily transactions, especially in regions where high fees limit financial accessibility. The network has also integrated privacy features such as MimbleWimble, designed to enhance transaction confidentiality and improve fungibility.
Litecoin was developed by Charlie Lee and launched in 2011 as an open-source blockchain. The network went live shortly after its release, gaining traction as an early alternative to Bitcoin. Over the years, Litecoin has maintained a presence among the top cryptocurrencies by market capitalization and has been adopted by businesses and payment processors. Charlie Lee remains an advocate for cryptocurrency adoption and is currently involved with the Litecoin Foundation, which supports network development and innovation.
Litecoin functions as a digital currency for peer-to-peer transactions and can be used to send and receive payments where accepted. It is often used for online purchases, transfers between accounts, and as a medium of exchange in the cryptocurrency ecosystem. Due to its low transaction costs, Litecoin is also favored for remittances and international transfers.
Litecoin and Bitcoin share a similar structure, but Litecoin processes transactions more quickly due to its 2.5-minute block time, compared to Bitcoin’s 10 minutes. Additionally, Litecoin’s transaction fees tend to be lower, making it more efficient for smaller payments. While both networks use PoW mining, Litecoin employs a different hashing algorithm (Scrypt), which impacts how mining hardware operates and who can participate in securing the network.
Litecoin has a fixed supply of 84 million coins, meaning no additional LTC will be created beyond this limit. This scarcity is designed to create predictable issuance and maintain long-term value stability within the network.
Litecoin mining requires specialized hardware, known as mining rigs, that solve complex cryptographic equations to verify transactions and secure the blockchain. In its early years, Litecoin could be mined using standard computer processors, but today, mining is primarily conducted using high-powered machines called ASIC miners. Mining pools also allow participants to combine resources and share block rewards.
Litecoin can be acquired through various digital asset platforms that support cryptocurrency transactions. It can also be stored in compatible wallets for secure transfers and payments.
We update our Litecoin to EUR currency in real-time. Get the live price of Litecoin on Coinbase.
The current market cap of Litecoin is €7.40B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Litecoin is €357.58. This all-time high is highest price paid for Litecoin since it was launched.
Over the last 24 hours, the trading volume of Litecoin is €405.58M.
Assets that have a similar market cap to Litecoin include UNUS SED LEO, Cronos, Hedera, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Litecoin is 76 million.
Litecoin ranks 11 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying Litecoin. In other words, 98% of Coinbase customers have increased their net position in Litecoin over the past 24 hours through trading.
Yes, Litecoin is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Litecoin guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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