$ 59.75
An icon of the cryptocurrency Litecoin (LTC)

Litecoin (LTC) price to USD & live value of today

Litecoin (LTC) live price in US dollar (USD). View statistics about today's value, market cap and supply.


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LTC value statistics

Price to USD $ 59.75
Price to BTC 0.00502 BTC
Rank 9
24h volume $ 1.56 billion
Market cap $ 3.90 billion
All-time high $ 356.59 on 12/20/2017

Supply information

65.24 million LTC
Total supply 65.24 million LTC
There are no burned, team or smart contract locked balances to subtract.
Circulating supply 65.24 million LTC
Circulating supply 65.24 million LTC
Total supply 65.24 million LTC

What is Litecoin

Litecoin is a peer-to-peer decentralized digital currency with an instant, near zero-cost payment service to peers across the world. It features a faster transaction confirmation status, along with a refined storage competency. The average block mining speed in Litecoin is 2.5 minutes, compared to bitcoin’s 10 minutes.

The goal of Litecoin

Litecoin wants to provide a more decentralized mining network, faster transaction processing times, lower transaction fees and less scarcity. The price of each litecoin is cheaper than bitcoin, and transactions are easier, because there are more Litecoins that can be created by mining. Litecoin is often referred to ‘silver’, whilst Bitcoin is compared with ‘gold.’

Who started Litecoin

In October 2011, litecoin was released via an open-source client on GitHub. (A client is a piece of software that accesses a service made available by a server.) It is basically a fork of the Bitcoin Core client. Charlie Lee is the managing director of the Litecoin Foundation. He’s an ex-Google employee who had the vision to create a lighter version of Bitcoin.

Visit litecoin.org External site
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