Cryptocurrencies: 6,274
Markets: 574
Marketcap: $ 1.55 T
24h Vol: $ 202.56 B
BTC Dominance: 59.87%

Litecoin
LTC

Rank # 8

$ 198.01
0.00392800 BTC
Marketcap
$ 13,175,871,291
Volume (24h)
$ 8,286,861,983
Circulating Supply
66,542,588 LTC
Total Supply
84,000,000 LTC

What is Litecoin?

Litecoin (LTC) claimed the status of silver (compared to Bitcoin's gold status). It works very similar to Bitcoin and differs mainly in parameters such as hashing algorithm (scrypt), coin supply limit (84 million) and average blocktime(2.5 minutes).

Litecoin was launched in 2011 by former Google engineer Charlie Lee, in order to enable CPU mining at a time when GPUs took over as Bitcoin's primary mining driver. However people later managed to port Scrypt over to GPU as well as ASICs, yet tecoin has still managed to remain mostly in top 10 cyptocurrency list (ordered by market capitalization).

Litecoin is a cryptocurrency with a current price of $ 198.01 and marketcap of $ 13,175,871,291. Litecoin's market price has increased 8.47% in the last 24 hours. It ranks 8 amongst all other cryptocurrencies with daily volume of $ 8,286,861,983.




 

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