|Price to ATH||
LiteCoin was created in 2011 and is one of the oldest altcoins. Litecoin is created by a former Google engineer Charlie Lee. LiteCoin Network is completely decentralized. The reason why it is called Lite is that the founder Charlie announced it as a Lite way of Bitcoin. Litecoin requires less CPU power for mining. Transactions cost less and they are very fast compared to Bitcoin. LiteCoin is an open-source project.
With a total market cap of over $4.8 billion, Litecoin is the No. 15 cryptocurrency by market size. The currency symbol for Litecoin is LTC and it was launched in October 2011. Litecoin uses the Scrypt hashing algorithm and it has a blocktime of 2 minutes. There will only ever be 84 million Litecoin tokens issued. So far 73.6 million tokens (87.7% of the total supply) have been issued.
We found crypto protocols offering up to 106% APY on Litecoin deposits (8% APY CeFi, 106% APY DeFi) and loans as low as 6.9% APR against Litecoin used as collateral. Check out our Litecoin staking yields table and for further details.
The technical price analysis for Litecoin below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Litecoin.
Currently 75% of users are positive about Litecoin.
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