Litecoin (LTC) current price is $48.92 with a marketcap of $3.11 B. Its price is -10.05% down in last 24 hours.
- Litecoin (LTC)
- Live Price $48.92
- 24h % -10.05%
- Market Cap$3.11 B
- Volume$2.48 B
- Available Supply63.53 M LTC
More Info About Coin
Litecoin is a cryptocurrency based on blockchain which works similarly to Ethereum and Bitcoin. This is a peer-to-peer currency which allows you to instantly transfer payments to any person in the world. This is a decentralized payment network that is not managed by any central authorities. The network, like others blockchains, is provided by mathematics. Individuals can control their own finances without relying on third parties — such as banks or traditional financial institutions.
Litecoin blockchain can handle a higher transaction volume than Bitcoin. This is due to the fact that Litecoin has more frequent generation of blocks. The network supports more transactions without having to change the software in the future. As a result, traders enjoy a faster confirmation time, still having the opportunity to wait for additional confirmations when selling larger amounts.
Litecoin blockchain plans to issue 84 million Litecoins in total, or four times more than the total bitcoin volume.