Market data for Litecoin

Price 85,84€

Price change (24H) 3,10 %

Price change (7D) 12,21 %

Market capitalization 6.415.381.222,23€

Diluted market cap 7.164.127.826,33€

Volume (24H) 1.315.414.931,74€

Max supply 84.000.000 LTC

Total supply 84.000.000 LTC

About Litecoin

Litecoin (LTC) is a cryptocurrency that has been created by developer Charlie Lee, in order to enable fast, secure and low-cost payments. It is a derivative project of Bitcoin, which uses Proof of Work (PoW) to maintain network security and has recently added the MimbleWimble protocol to its technology in order to offer private and anonymous payments to its users. As a result, Litecoin has transformed into the well-known "Digital Silver", being one of the preferred currencies for online shoppers.

📈 The price of Litecoin is rising

The value of 1 LTC is 85,84€ . That means, to purchase 5 LTC, you will need to pay 429,20€ . On the other hand, with 1,00€ , you can buy a total of 0,012 LTC , while 50,00€ would allow you to make an acquisition of 0,58 LTC .

In the last 7 days, the price of Litecoin has increased by 12,21 % . Meanwhile, in the last 24 hours, the price has changed by 3,10 % .

Convert LTC to EUR

  • Amount02:57, 21/11/2024
  • 0.5 LTC 42,92€
  • 1 LTC 85,84€
  • 2 LTC 171,68€
  • 5 LTC 429,20€
  • 10 LTC 858,40€
  • 50 LTC 4.292,00€
  • 100 LTC 8.584,00€
  • 500 LTC 42.920,00€
  • 1000 LTC 85.840,00€

Convert EUR to LTC

  • Amount02:57, 21/11/2024
  • 0,50€ 0,0058 LTC
  • 1,00€ 0,012 LTC
  • 2,00€ 0,023 LTC
  • 5,00€ 0,058 LTC
  • 10,00€ 0,12 LTC
  • 50,00€ 0,58 LTC
  • 100,00€ 1,16 LTC
  • 500,00€ 5,82 LTC
  • 1.000,00€ 11,65 LTC

Litecoin historical price

PriceVolumeMarketcap
Now 85,84€ 1.315.414.931,74€ 6.415.381.222,23€
One day ago 83,26€ 892.461.679,19€ 6.214.086.831,16€
One week ago 76,50€ 1.544.842.061,03€ 5.626.851.087,45€

FAQ

The highest price (ATH) reached by Litecoin in EUR was €386, recorded on 9 May 2021.

Litecoin is a well-established cryptocurrency, which is why it consistently ranks within the Top 20 global cryptocurrencies. It is an excellent project for digital payments, due to its operational speed, proven security (as it is derived from Bitcoin), and low transaction costs.

The lowest price (ATL) recorded for Litecoin in EUR was €1.04, registered on 14 January 2015.

The price of Litecoin (and any cryptocurrency) can vary slightly between different exchanges due to differences in supply and demand, trading volume, fees, and other platform-specific factors.

The Litecoin network is protected by a proof-of-work (PoW) consensus mechanism, similar to that of Bitcoin (in fact, remember that Litecoin is a fork of Bitcoin). This means that miners compete to solve complex mathematical problems to add new blocks to the blockchain and verify transactions. This work (called mining) is what maintains the security of Litecoin and is known as the Proof of Work (PoW) algorithm.

You can mine Litecoin by joining a mining pool or setting up your own mining rig. However, mining Litecoin has become more competitive over time, and you may need specialized hardware (e.g., ASICs) and a considerable power supply to achieve significant profits in this activity.

Litecoin (LTC) is an open-source cryptocurrency created as a fork of Bitcoin. Its intention was to change certain parameters of the network and the mining system in order to make it a much faster and cheaper (in fees) option than Bitcoin.

Litecoin was created by Charlie Lee.

Although Litecoin is based on Bitcoin, it has some key differences:

Transaction speed: Litecoin processes transactions four times faster than Bitcoin, making it more suitable for everyday payments.

Hash algorithm: Litecoin uses a different hash algorithm called Scrypt, which is less demanding on mining hardware.

Total supply: Litecoin has a total supply of 84 million coins, four times that of Bitcoin.

At the time of this response, there are approximately 74.6 million LTC in circulation.

Both cryptocurrencies have their own advantages and disadvantages. Bitcoin is the largest and most established cryptocurrency, while Litecoin offers faster on-chain transactions and a more accessible mining algorithm.

It is impossible to predict with certainty when (or if) the price of Litecoin will rise. The cryptocurrency market is highly volatile and unpredictable, and is influenced by a wide range of factors.