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 7h ago
Amid notable price declines, attention is turning to whether a sharp increase in trading volume and recent ecosystem news signal a shift in market dynamics for LTC.
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Buyer Ratio
Traders
15K
5.49%
Buyers
12K
4.3%
Sellers
3.9K
9.39%
Searched
3.4K
Market Stats
Market Cap
€6.84B
-5.93%
FDV
€7.52B
Circ. Supply
76M LTC
Max Supply
84M LTC
Total Supply
84M LTC
Diluted Valuation
€6.83B
Performance
Popularity
#20
Dominance
0.22%
Volume (24H)
€705.38M
67.08%
Volume (7D)
€5.51B
Volume (30D)
€9.17B
All time high
€355.46
Price Change (1Y)
53.96%
Additional details
Market details
LTC vs markets
↘ 12.99%
LTC vs BTC
↘ 12.82%
LTC vs ETH
↘ 4.85%
Tags
mineable
pow
scrypt
medium-of-exchange
+4
Network & Addresses
Network | Address | |
---|---|---|
Base | 0xcb17C9Db87B595717C857a08468793f5bAb6445F | |
Litecoin | NA |
Price history
Time | Price | Change |
---|---|---|
Today | €89.52 | ↘ 6.21% |
1 Day | €95.46 | ↘ 6.21% |
1 Week | €96.19 | ↘ 6.63% |
1 Month | €103.87 | ↘ 13.21% |
1 Year | €61.52 | ↗ 53.96% |
Coinbase insights
Happening now
AI generated 7h ago
Amid notable price declines, attention is turning to whether a sharp increase in trading volume and recent ecosystem news signal a shift in market dynamics for LTC.
Price drops while trading activity surges
Litecoin's price fell
↘9%
over the last 24 hours, even as its daily trading volume surged by
↗128%
. This price weakness also contrasts with onchain data from the prior day, which showed a positive net volume of $30 million, indicating more buying than selling activity.
Onchain activity dominated by existing wallets
Onchain data from the prior day shows that trading activity is concentrated among existing users. During that period, 929 existing wallets were active compared to only 68 new wallets.
Litecoin featured in new offerings and tech updates
LTC was recently included in a new crypto-focused IRA launched by Fidelity
. In a separate development, a project called
BitcoinOSis building new technology for the Litecoin network.
Recent trends
The latest LTC price is €89.52. Compared to Litecoin's value of €95.46 from 24 hours ago, there's been a -6% decrease, while the current price is -7% down from €96.19 which was recorded one week ago. Litecoin's all time high is €355.46, which was reached on December 12, 2017. This is a -75% change from its price today.
The current circulating supply of Litecoin is 76,328,689. 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 €6.84B, which is a result of multiplying the current price of Litecoin(€89.52) by the total supply(84,000,000 LTC). The fully diluted valuation of Litecoin is €7.52B. The diluted valuation of Litecoin is €7.52B.
Litecoin had 11,902 buyers, 3,866 sellers and total 14,618 trades in the last 24h. Litecoin was searched 3,445 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.