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Litecoin price

Litecoin Price(LTC)

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1 LTC =
USD $91.77
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Last updated 2024/03/02 06:52 (UTC)
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1.99%
Kraken
0.26%
Binance
0.1%
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$ 91.77
+9.11%
1D
Page last updated: 2024-03-02 18:52 (UTC+0)
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Price of LTC today

The live price of Litecoin is $ 91.77 per (LTC / USD) with a current market cap of $ 6.82B USD. 24-hour trading volume is $ 961.86M USD. LTC to USD price is updated in real-time. Litecoin is +9.11% in the last 24 hours with a circulating supply of 74.27M.
LTC Price History USD
Date ComparisonAmount Change% Change
Today$ 7.663272+9.11%
30 Days$ 24.63+36.68%
60 Days$ 18.61+25.43%
90 Days$ 20.12+28.08%

LTC Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 83.75
High: $ 92.71
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 412.96
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
+0.61%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+9.11%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+30.08%
The percent change in trading volume for this asset compared to 7 days ago.

LTC Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#19
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 6.82B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 961.86M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
74.27M
88.41%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
84.00M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 7.71B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Litecoin (LTC)

Litecoin (LTC) is a peer-to-peer (P2P) payments cryptocurrency that was forked from Bitcoin in 2011. As one of the earliest cryptocurrencies after Bitcoin, it is one of the first altcoins and allows users to send payments quickly and easily.

While Litecoin shares many similarities with Bitcoin, it is designed to deliver a more efficient means of sending and receiving P2P payments and is accepted by thousands of retailers and merchants globally.

One of the key differences between Bitcoin and Litecoin is the algorithm the latter uses to secure the its network via proof-of-work (PoW) consensus. Unlike Bitcoin, which uses SHA-256, Litecoin uses the Scrypt algorithm.

Litecoin founder Charlie Lee (a former Google employee) forked Bitcoin’s original source code with a plan to make the newly modified code an enhanced payment alternative to Bitcoin. The current price of LTC is updated and available in real time on Binance. 

What Is a Litecoin Halving Event?

The much-anticipated Litecoin Halving event occurred on August 2, 2023 and proceeded smoothly without any technical glitches. The Litecoin halving is a pre-scheduled event that occurs every 4 years on the Litecoin blockchain.

 The halving reduces the block reward that miners receive by half, which in turn reduces the total number of new Litecoins that are created each day. The halving is designed to control the inflation rate of Litecoin and to ensure that the total supply of LTC is limited.  With the 2023 halving, Litecoin’s block reward structure has now reduced by half from 12.5 LTC down to 6.25 LTC.

People Also Ask: Other Questions About Litecoin

  1. What is LTC Used For?

    LTC is used as a blockchain payment method. As Litecoin uses aPoW consensus to secure the blockchain through the transaction validation process, LTC is used to reward miners who assist in the process. LTC price information is available live on Binance.

  2. How Do Network Consensus and Validation Work on Litecoin?

    Network consensus and validation on Litecoin are achieved through a Proof of Work (PoW) algorithm called Scrypt. This algorithm requires miners to solve complex mathematical problems to add new blocks to the blockchain and validate transactions. Once a block is validated, it is added to the existing blockchain, and all nodes on the network must agree on the new version of the blockchain. This consensus mechanism ensures that the network is secure and resistant to attacks, as it would require a majority of nodes to agree on any changes to the blockchain.

  3. Who is the Litecoin Founder?

    Litecoin was launched by former Google employee Charlie Lee in 2011. Lee forked the Bitcoin source code and made modifications to enhance the blockchain’s ability to operate as a secure payment network.

  4. What is the Maximum Token Supply of Litecoin

    The maximum token supply of Litecoin is limited to 84 million LTC. At the time of writing, there are 72,775,952 LTC in circulation.

  5. What Makes Litecoin Different From Others?

    Litecoin stands out for using architecture similar to Bitcoin’s while providing faster transactions. It was one of the first altcoins to fork Bitcoin in order to create a new cryptocurrency, and uses the Scrypt algorithm instead of Bitcoin’s SHA-256 algorithm.

  6. How To Buy LTC?

    LTC can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live LTC price is updated in real time on Binance. For additional instructions and information, users can read our How to Buy Litecoin (LTC) Guide.

  7. How Much Will LiteCoin be Worth in the Future?

    Check out our LiteCoin Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.



  8. What is Litcoin Price Now?

    Are you looking for Litecoin (LTC) Price when you typed Litcoin Price? Live Litecoin price is updated in real-time on Binance.

LTC to Local Currency

FiatPriceOperation
1 LTC to TRY$ 91.77
1 LTC to RUB$ 91.77
1 LTC to EUR in Italy$ 91.77
1 LTC to EUR in France$ 91.77
1 LTC to EUR in Spain$ 91.77
1 LTC to AED$ 91.77
1 LTC to AUD$ 91.77
1 LTC to BRL$ 91.77
1 LTC to VND$ 91.77
1 LTC to INR$ 91.77
Last updated 2024/03/02 06:52 (UTC)

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