Litecoin (LTC)$83.52
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Litecoin quote today, see how much a LitecoinLTC costs in dollars (USD), euro (EUR) and real (BRL), marketcap, price history, Litecoin chart in real time, Litecoin price prediction 2025 and more.
What is the price of Litecoin today? The price of Litecoin is $83.52 today. The value of LTC today has -0.87% down in the last 24 hours. Litecoin has a market capitalization of $6.23 B.
What is Litecoin (LTC)?
Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.Why Litecoin?Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.Litecoin Technical Details:The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.
Litecoin is a cryptocurrency that is traded online and allows payments through secure transactions, without the need for intermediaries, which results in a low cost for users.
Crypto Litecoin (LTC) uses blockchain technology, which establishes a network between all users of the currency, allowing distributed processing and storage of information. This technology guarantees the security and decentralization of transactions, making Bitcoin a more efficient digital currency.
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Crypto Analysis - Litecoin (LTC) Analysis.
See a summary of combinations of technical indicators according to the chosen chart period.
How and where to buy Litecoin (LTC)?
You can buy Litecoin (LTC) on online cryptocurrency exchanges, which act as intermediaries between buyers and sellers of cryptocurrencies. Several exchanges trading Litecoin price today at $83.52, to buy Litecoin today, create your brokerage account and add your balance by clicking here.
To buy Litecoin, it is usually necessary to register with a cryptocurrency exchange and go through an identity verification process. Once you have your account verified, you can deposit money into the exchange using a variety of payment methods, such as bank transfer, credit card, and more.
With the balance in your brokerage account, you can buy Litecoin (LTC) currency (or other crypto assets) at the current market price. Exchanges often charge a trading fee for buying and selling cryptocurrencies, so it is important to be aware of these fees before transacting.
How much is a Litecoin (LTC) worth now?
Litecoin (LTC) price is now trading at $83.52, it was -0.87% down today.
Latest Litecoin news today?
Read all about Litecoin News is the leading 24/7 news feed covering everything related to Litecoin (LTC). Latest Litecoin News.
Is the Litecoin cryptocurrency worth investing in?
To determine if LTC is worth it, you can consider the following factors:
- Adoption: The more people who use and accept cryptocurrency, the more value it tends to have.
- Blockchain: Check if the cryptocurrency has good technology behind it and if it is really useful.
- Team behind Litecoin: Meet the team responsible for cryptocurrency and assess their competence and track record.
- Litecoin Project: Check the project and its long-term viability.
- Litecoin dollar chart: The analysis of LTC Dollar chart it also offers valuable insights into cryptocurrency volatility, allowing investors to make more accurate predictions about future price movement.
- Analyze LTC price history: Analyzing crypto Litecoin price history can give you an idea of its past performance. This can help you assess whether it is volatile or stable, and whether it is suitable for your risk profile.
To find out if LTC cryptocurrency is a good investment in 2024, you can also use the steps above.The decision to invest in Litecoin (LTC) shold be taken carefully and after thorough research into the project.
Remember that the value of cryptocurrencies can be highly volatile and there is no guarantee of a financial return. It is therefore important to do your own research before investing.
Litecoin Price Prediction 2024, 2025 and 2030 🚀
For each asset, we show a price prediction index that our machine learning process believes each cryptocurrency will trade annually starting today, along with the predicted increase or decrease percentage.
Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.Why Litecoin?Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.Litecoin Technical Details:The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units.Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.