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
$135.37
24 Hour % Change
-5.69%
Market Cap
$9.05B
Volume (24h)
$5.15B
USD
Linear
Log
to
Key metrics
24 Hour Low
$132.67
24 Hour High
$146.83
Net change
$-8.17
24 Hour Open
$143.54
All time high
$360.66
Total Supply
66.87M
Returns (24H)
-5.69%
Returns (YTD)
7.28%
Volatility (30d)
1.30
Transaction Count (24h)
65,976
Average Transaction Fee (24h)
$0.027677
Value Transacted (24h)
$168.76M
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.
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
May 13, 2020
May 13, 2020
Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.
Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest.
Bitcoin dipped Monday as some liquidations took hold while Ethereum 2.0 dynamics have influenced the amount of ether locked in DeFi.
Bitcoin’s price is setting records again Thursday as decentralized finance may be overlooked in a heated crypto market.
Litecoin hasn't been in three figures since its second mining reward halving in 2019.
Market Wrap: Bitcoin Solidly Trades Above $20K; Ether Jumps on Positive BTC, CME’s New ETH Product
Dec 16, 2020
Bitcoin is now solidly above $20,000 and a short supply and rising demand could push the price higher.
