Litecoin
LTC Price
How is the price of Litecoin (LTC) calculated?
The price of Litecoin (LTC) is calculated in real-time by aggregating the latest data across 165 exchanges and 448 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Litecoin Price Chart (LTC)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 1.3% | 2.7% | 3.1% | 11.5% | 27.9% | 17.6% |
LTC Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$7,374,405,238 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$7,374,405,238 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$654,016,273 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
75,870,820
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
75,870,820 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
84,000,000 |
LTC Historical Price
| 24h Range | $94.78 – $101.84 |
|---|---|
| 7d Range | $94.88 – $104.65 |
| All-Time High |
$410.26
76.5%
May 10, 2021 (about 4 years)
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| All-Time Low |
$1.15
8303.9%
Jan 14, 2015 (over 10 years)
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How do you feel about LTC today?
What is Litecoin?
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 and its max supply. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins. There will be 84 million Litecoins that can ever be mined, which is 4 times more than Bitcoin's max supply.
What makes Litecoin unique?
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.
What are the technical differences for Litecoin?
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.
Where can you buy Litecoin?
LTC tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Litecoin is Binance, where the most active trading pair LTC/USDT has a trading volume of $72,176,913.44 in the last 24 hours. Other popular options include MEXC and OKX.
What is the daily trading volume of Litecoin (LTC)?
The trading volume of Litecoin (LTC) is $653,788,470.12 in the last 24 hours, representing a 93.80% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Litecoin (LTC)?
Litecoin (LTC) reached an all-time high of BTC0.04829 and an all-time low of BTC0.0008209. It’s now trading -76.50% below that peak and 8,303.90% above its lowest price.
What is the market cap of Litecoin (LTC)?
Market capitalization of Litecoin (LTC) is BTC70,468.0928 and is ranked #23 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of LTC tokens (76 Million tokens are tradable on the market today).
What is the fully diluted valuation of Litecoin (LTC)?
The fully diluted valuation (FDV) of Litecoin (LTC) is BTC70,468.0928. This is a statistical representation of the maximum market cap, assuming the maximum number of 84 Million LTC tokens are in circulation today. Depending on how the emission schedule of LTC tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Litecoin compare against its peers?
With a price decline of -3.10% in the last 7 days, Litecoin (LTC) is underperforming the global cryptocurrency market which is down -0.70%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.80%.
Litecoin Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
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$97.43 | 0.01% | $1,416,101 | $869,147 | $72,161,320 | 11.04% |
Recently
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| 2 |
CEX
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$97.32 | 0.01% | $348,526 | $262,698 | $26,121,747 | 4.0% |
Recently
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| 3 |
CEX
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$96.94 | 0.01% | $807,287 | $901,370 | $22,050,911 | 3.38% |
Recently
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| 4 |
CEX
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$96.78 | 0.01% | $1,321,008 | $706,136 | $20,973,525 | 3.21% |
Recently
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| 5 |
CEX
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$96.91 | 0.01% | $810,380 | $446,761 | $20,070,831 | 3.08% |
Recently
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| 6 |
CEX
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$97.50 | 0.01% | $317,596 | $198,350 | $20,286,086 | 3.1% |
Recently
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| 7 |
CEX
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$97.49 | 0.01% | $690,028 | $1,458,221 | $19,157,820 | 2.93% |
Recently
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| 8 |
CEX
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$96.72 | 0.01% | $272,749 | $308,571 | $18,698,653 | 2.87% |
Recently
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| 9 |
CEX
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$96.81 | 0.01% | $79,328 | $66,128 | $15,365,131 | 2.36% |
Recently
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| 10 |
CEX
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$95.96 | 0.01% | $329,469 | $271,532 | $14,074,018 | 2.18% |
Recently
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