LTC Litecoin Prices, Charts and Graphs | Coinread
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LitecoinLTC#15

$141.71
2.55% ($3.518, 24H)
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  • Market Cap$9,459,752,987
  • Volume (24H)$971,462,720
  • Circulating Supply66,752,415
  • Max Supply84,000,000
  • High (24H)$145.42
  • Low (24H)$136.69
  • Change (1H)-0.31%
  • Change (7D)17.39%
  • Change (1M)4.75%
  • Change (1Y)129.56%

Described by its developers as the ‘silver’ to Bitcoin’s ‘gold’, Litecoin (LTC) was created by former Google employee Charlie Lee in 2011. Its Scyrpt Proof-of-work system means that mining is open to anyone with even consumer-grade hardware, and – combined with its transaction confirmation speed of just 2.5 minutes – Litecoin has stayed true to its founding intent of accessibility and relative ease of use. While it is based on Bitcoin’s protocol, Litecoin’s hashing algorithm and hard cap of 84 million set it apart from its parent currency. The original reward for mining a single block was 50 Litecoins; halving in 2015 to 25 Litecoins, the incentive will continue to drop until the cap is hit. Accepted today at a variety of merchants, Litecoin’s real-world usefulness has cemented the peer-to-peer currency’s continued popularity.

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