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Litecoin
LTCUpdating...$53.49
+0.65%
Market Cap
$4.12B
Rank #25
24h Volume
$195.44M
Trading volume
Circulating Supply
77,020,771
LTC
Max Supply
84,000,000
LTC
LTC/USD
7 days
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Price Analysis
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Markets
Price Statistics
24h Change+0.65%
7d Change-0.66%
30d Change-3.51%
All-Time High$410.26
All-Time Low$1.15
Links & Resources
About Litecoin
Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens.
The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols. Key technical features include the Scrypt hashing algorithm, which promotes wider network participation, and MimbleWimble Extension Blocks, which improve user privacy by allowing transaction details to be hidden.
The LTC token is used for settling global payments, executing microtransactions through smaller units
Latest News About Litecoin
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