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
$140.94
24 Hour % Change
-4.54%
Market Cap
$9.61B
Volume (24h)
$1.66B
USD
Linear
Log
to
Key metrics
24 Hour Low
$138.24
24 Hour High
$149.73
Net change
$-6.69
24 Hour Open
$147.45
All time high
$413.69
Total Supply
68.21M
Returns (24H)
-4.54%
Returns (YTD)
13.26%
Volatility (30d)
0.66
Transaction Count (24h)
130,891
Average Transaction Fee (24h)
$0.012910
Value Transacted (24h)
$248.04M
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
Binance is winding down its futures and derivatives product in Germany, Italy, and the Netherlands, the company said on its website, citing the need to continually evaluate its products as the crypto ecosystem evolves. "With immediate effect, users from these countries will not be able to open new futures or
A day after news that the bipartisan infrastructure bill in Congress proposes raising $28B from cryptocurrency investors, a number of crypto stocks are declining, while while bitcoin and most cryptocurrencies rise. Under the proposal, any broker that transfers digital assets would be required to file a return under a modified
Jed McCaleb’s stellar token rides the altcoin wave as ether pushes to new levels.
Ethereum Classic pops 53%, while bitcoin recovers and ether pushes back toward its all-time high.
Some see ether and bitcoin now behaving as very separate assets, which normally isn’t the case.
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.