Litecoin price

in USD
$113.54
-$0.45000 (-0.40%)
USD
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Market cap
$8.64B #18
Circulating supply
76.12M / 84M
All-time high
$413.24
24h volume
$492.70M
3.8 / 5

About Litecoin

Litecoin is one of the earliest cryptocurrencies, launched in 2011 as a 'lighter' version of Bitcoin. It offers faster transaction confirmation times and a similar but more accessible technical foundation. For investors, LTC is often viewed as a straightforward and established alternative to Bitcoin. Litecoin is widely supported across wallets, exchanges, and payment platforms. Its reliability and long history in the market contribute to its reputation as a stable entry point into the crypto space.
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Payment
Proof of Work
Official website
Block explorer
CertiK
Last audit: Dec 29, 2021, (UTC+8)

Litecoin’s price performance

48% better than the stock market
Past year
+58.39%
$71.68
3 months
+34.35%
$84.51
30 days
+34.68%
$84.30
7 days
-3.10%
$117.17

Litecoin on socials

带带带比特
带带带比特
It is still to deeply demonstrate this topic ETF has been passed for almost two years, and the trend of the entire currency circle is to subvert the past historical cycle, and the only thing that can be considered a general rise in the past year or so is the market after the election, which is also the best to do. So the K-line has been gone for almost two years, even if it is dull, you should reduce your expectations? (Although the number of words in the two articles I originally posted is a little more, they all express my thoughts clearly) Then personal thoughts are personal thoughts, and objective facts are objective facts. Or take PEPE in the original text as an example, I thought about it early and ran away, but I saw on the timeline that there are still many people who have been betting on it, without malice, but let's take a look at the so-called BETAs of ETH in the market a few days ago, how many can outperform ETH? How many certainty are there to be able to take such a large position as ETH? The answer is no, brother, I'm not in FUD, it's really not. I think the differentiation will become more and more intense, and BTCDOM has fallen to a high point in many people, but has it risen because of the altification? No, it is ETH, XRP, and even Doge, LTC has also risen somewhat, and some old things with a US background are engaged in ETFs and currency stocks, including PENGU and ENA in the past two days, which are very resilient. So I said in my original post that betting on narratives, expectations and hot trades are the targets chosen by the market, rather than you can make money by buying by "I think I feel". The copycat season is a moment when the general rise is large, the mainstream is several times, and the copycat comes out dozens of times, lasting enough and rising enough to make everyone make money. The focus is on continuity, continuity. So you have always thought that the copycat season has not come yet, but the fact is that the bottom of April and even June has risen a lot, even if AAVE ENA has doubled. If you buy the right one, every day is the copycat season, and if you buy the wrong one, you are waiting for the copycat season every day. But most of the cottages are indeed ineffective, the amplitude is not continuous, and a few quick pulls can never be called the cottage season, not to mention that I haven't seen a few awesome, and the demons basically need sticks to help. These can make people money, but they are in the minority. Is there a good experience and high yield that you can buy and hold? Yes, very few, aside from small coins, BONK can also make money early with narrative and good letters, but what does this have to do with most people? With so many new coins issued indiscriminately, how can most retail investors with poor credibility buy the right one? What do you rely on to buy the right one, relying on advertising and mouth-to-mouth recommendations on the timeline? The market without continuity is not enough to support even 30% of people to make money. Relying solely on emotional self-orgasm is faster than who can have personal ideas, but it is necessary to respect objective facts and reduce personal fantasies. The only thing that can be firmly believed is the BE bought with real money (most of the repurchases of any copycats are not trustworthy), and most of the aesthetically flexible copycats can only be on the left side (including the so-called value coins), and buy some garbage less cleverly, so that they will live a little longer. Of course, there are 100 ways to play in the copycat, and there must be one that you can make money in, without going into details, but 90 are losing money.
带带带比特
带带带比特
Anyway, update the opinion of the pigeon released in TG, which is basically the same as my article, Ether is performing very well because of the outside buying, but the Beta of Ether is performing averagely, in fact, I also bought Pepe a few days ago, and the performance is really average. I've seen a similar point of view when I was swiping and pushing, Ether is up, Pepe is definitely up, but unfortunately the point of view is opinion, the fact is the fact, if these so-called Betas can't even outrun Sbet, then what's the point of betting? Luckily, I allocated a position in SBET when I bought ETH, so there used to be a saying that btc is btc shitcoin is shitcoin, so what about ETH after that? Could the same thing happen? If the demand for ETH is really expanding, my original view is that it may also be cut from copycats. If ETH has been a false boom lately, then it's easier to ATH and have little chance. Aside from independent narratives, hot spots, anticipatory trades, or having strong deals, it's still hard to look at long ATHs. There may be a general rise, but the magnitude and duration of the rise may not be as long as everyone expected. (In fact, the first round of general rise has actually happened) the road to simplicity, investment is to do subtraction, after excluding the unreasonable strategy is the most suitable strategy, BE may be a sustainable better solution. There is no way for small funds not to play copycats, so there is no doubt that they must further improve their investment research capabilities and coin selection vision, similar to the path of Binance alpha contract and Banana's fierce Zhuang coin.
Patrick Lowry
Patrick Lowry
You didn't miss BTC. You only think you did because you stupidly put money into these shitcoins that you missed on any way. Bitcoin only. You'll get in at the price you deserve.
Carl Moon
Carl Moon
🚨 2014 - Many missed $BTC 🚨 2015 - Many missed $LTC 🚨 2016 - Many missed $ETH 🚨 2017 - Many missed $XRP 🚨 2018 - Many missed $BNB 🚨 2019 - Many missed $LINK 🚨 2020 - Many missed $AAVE 🚨 2021 - Many missed $SOL 🚨 2022 - Many missed $SHIB 🚨 2023 - Many missed $INJ 🚨 2024 - Many missed $MEE ✅ In 2025, don’t miss _____.
xenop̷̫̽h̴͜͝r̸͕̈́e̷͖̎n̵͕̏e̶̲̊
xenop̷̫̽h̴͜͝r̸͕̈́e̷͖̎n̵͕̏e̶̲̊
I built a @litecoin PoW hardfork before $DOGE. It was called $KRYPTO, after Superman's dog. No one liked it and it and was dead on launch.
5369D8
5369D8
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Litecoin FAQ

Litecoin uses the Proof of Work consensus mechanism, where miners solve a complex mathematical problem to win the chance to verify transactions and create a block. These miners receive mining rewards for their efforts. During each halving, the mining rewards are reduced by 50 percent to slow the creation of new tokens. For example, after the second halving in August 2019, the mining rewards were reduced to 12.5 LTC from 25 LTC.

Easily buy LTC tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include LTC/USDT, LTC/USDC, LTC/ETH and LTC/BTC.

You can also buy LTC with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for LTC with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into LTC, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Litecoin was developed from a fork in the Bitcoin network and, therefore, uses Bitcoin's source code. However, Litecoin differs from Bitcoin in several ways, including transaction processing speed, fees, and privacy. Litecoin can process 54 transactions per second compared to five transactions processed per second on the Bitcoin network. Because of the speed of transactions, each new block on the Litecoin network is generated in about 2 minutes and 20 seconds, compared to 10 minutes on Bitcoin. Transaction fees on Litecoin are also comparatively lower than Bitcoin. Additionally, after the MimbleWimble upgrade, Litecoin offers greater privacy and scalability than Bitcoin.

Currently, one Litecoin is worth $113.54. For answers and insight into Litecoin's price action, you're in the right place. Explore the latest Litecoin charts and trade responsibly with OKX.
Cryptocurrencies, such as Litecoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Litecoin have been created as well.
Check out our Litecoin price prediction page to forecast future prices and determine your price targets.

Dive deeper into Litecoin

Developed in 2011 as a fork of the Bitcoin network, Litecoin aimed to improve upon Bitcoin's shortcomings. It was the first altcoin, and its goal was to offer a decentralized peer-to-peer (P2P) currency with faster transaction processing times and lower fees than Bitcoin.

Built with payments in mind, Litecoin outperforms Bitcoin in terms of transaction speed and confirmation time. While Bitcoin can process approximately five transactions per second, Litecoin has a capacity of 56 transactions per second. The network's confirmation time is also significantly shorter, taking approximately two minutes and 20 seconds compared to Bitcoin's, of nearly 10 minutes per block.

Even after over a decade, Litecoin remains committed to providing users with low-cost, private, secure, and borderless payment solutions. Its vision is to enable individuals to send payments anywhere in the world at any time, making it a practical and accessible digital currency for everyday transactions. Litecoin's usage as a payment method has increased over the years, with merchants, including the American Red Cross, Newegg, and Twitch, accepting LTC as payment.

How does Litecoin work

Litecoin was created from the original Bitcoin source code. That said, it has several differences, which make it faster, cheaper, and more accessible. Here are the components that make Litecoin different:

Scrypt hashing

Litecoin was launched with a unique algorithmic architecture called Scrypt. Scrypt uses less processing power than Bitcoin’s SHA-256 algorithm, lowering the entry barriers for miners and promoting network decentralization. Scrypt also protects Litecoin from potential attacks by miners.

SegWit (Segregated Witness)

SegWit was initially proposed for Bitcoin but was first adopted by the Litecoin network. It separates the witness data (digital signature data) from the transaction data, allowing for more transactions to be included in each block and increasing the overall capacity and scalability of the network. The successful implementation of SegWit on Litecoin served as a testbed and paved the way for its subsequent adoption on the Bitcoin network.

MimbleWimble upgrade

Litecoin also launched its highly anticipated MimbleWimble upgrade, which allows for anonymous transactions on the network, similar to other private networks like Zcash (ZEC) and Monero (XMR). MimbleWimble's integration with Litecoin via extension blocks (MWEB) allowed users to conceal transaction information, thereby increasing privacy. The upgrade was released in January 2022 and activated in May.

The MimbleWimble upgrade was first suggested in October 2019 in two Litecoin improvement proposals. Then, in October 2020, the network launched the first MimbleWimble testnet. According to the Litecoin Foundation, the upgrade enhances the network's scalability since the amount of data stored on-chain reduces fungibility.

LTC price and tokenomics

LTC has a capped supply model, with a maximum supply 84 million. This specific cap was chosen so that the last LTC would be mined in 2142. Like BTC, LTC operates on a Proof of Work (PoW) consensus mechanism, producing new tokens exclusively through mining. Every four years, LTC undergoes a halving to reduce the rewards earned by miners.

LTC has a wide range of use cases. As the native token of the network, LTC is used to pay transaction fees. LTC can also be used outside the network as a medium of exchange, purchasing goods and services or exchanging for other digital assets, such as non-fungible tokens (NFTs).

About the founders

Litecoin was founded in 2011 by Charlie Lee, an MIT graduate and former software engineer at Google. Lee played a key role in the development and launch of Litecoin. In 2013, he joined Coinbase, one of the largest cryptocurrency exchanges, where he served as the Director of Engineering. In 2017, Lee made the decision to leave Coinbase to focus on the full-time development and advancement of Litecoin.

Lee is also the director of the Litecoin Foundation, a Singapore-based non-profit organization that works towards the growth and adoption of LTC. In December 2017, Lee sold his entire stake in Litecoin, saying it was a conflict of interest for him to talk about the cryptocurrency while influencing it.

Since its inception, the Litecoin team has grown and expanded to include more core developers. This dedicated team works on improving and maintaining the Litecoin network, ensuring its security, scalability, and overall functionality.

Disclaimer

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Market cap
$8.64B #18
Circulating supply
76.12M / 84M
All-time high
$413.24
24h volume
$492.70M
3.8 / 5
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