Litecoin
LTCWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$172.94
24 Hour % Change
-6.71%
Market Cap
$11.83B
Volume (24h)
$1.98B
USD
Linear
Log
to
Key metrics
24 Hour Low
$169.26
24 Hour High
$185.95
Net change
$-12.43
24 Hour Open
$185.10
All time high
$413.69
Total Supply
68.38M
Returns (24H)
-6.71%
Returns (YTD)
38.57%
Volatility (30d)
0.73
Transaction Count (24h)
160,639
Average Transaction Fee (24h)
$0.020558
Value Transacted (24h)
$216.77M
About Litecoin
Category
Currency
Value proposition
Digital gold
Litecoin is a cryptocurrency launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create Litecoin, Lee copied the Bitcoin codebase, increased the total supply, and changed the speed at which new blocks are added to the blockchain. Only approximately 84 million litecoins will ever be created, quadruple the total bitcoin supply. Litecoin also creates new blocks every 2.5 minutes, four times faster than Bitcoin. The Litecoin investor and developer communities view the protocol as a complementary pseudo-testnet for Bitcoin and a “digital silver” to Bitcoin’s “digital gold”. The Litecoin foundation stewards the Litecoin project and finances Litecoin Core development. CoinDesk also provides a suite of institutional-grade price indexes. Find out more about them here.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
Grayscale Litecoin Trust Has Fully Reset
Aug 17, 2021
This article is mostly to put some closure into my series (I, II, III) on the Grayscale Litecoin Trust (OTCQX:LTCN). LTCN was just one more on a long string of irrationalities the markets have been serving us for more than one year now, on account of extreme monetary and fiscal
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Litecoin ETC to List on Deutsche Boerse
Apr 12, 2021
Earlier this month, asset manager CoinShares launched a new physically backed Litecoin ETP on the Swiss SIX exchange.
CoinShares Launches Litecoin ETP
Apr 6, 2021
This follows the introduction of products for bitcoin and ethereum this year.