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Litecoin Price Trend

Litecoin
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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 $5.15 billion, Litecoin is the No. 13 cryptocurrency by market size. The currency symbol for Litecoin is LTC. There will only ever be 84 million Litecoin tokens issued. So far 71.7 million tokens (85.4% of the total supply) have been issued. We found savings accounts offering up to 23.1% APY on Litecoin deposits and loans as low as 4.5% APR against Litecoin used as collateral. Check out our Litecoin staking yields table and Litecoin loan rates table for further details.

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Litecoin Price History

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Is the Price of Litecoin Going to Go Up or Down?

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.

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Litecoin YouTube Reviews

Litecoin FAQs

AYes you can find the Litecoin Reddit channel at https://reddit.com/r/litecoin.
AYes Litecoin is mineable which means that new coins can be created by miners working on the network.
ALitecoin uses a proof of work scrypt concensus algorithm.
AYes, staking is available for Litecoin on a number of platforms. For a full list of Litecoin staking yields see our list of Litecoin staking yields.
AYou can earn up to 23.1% APY by staking your Litecoin tokens. Check out our Litecoin staking yields table for further details.
ARight now the best staking rates are on PancakeSwap with an income rate of up to 23.1% APY.
AYou can check the technical indicators for Litecoin on the Litecoin Price Trend tab. These indicators are based on the analysis of multiple trading signals for Litecoin.
AYou can find the cheapest exchange on which to buy Litecoin on the Litecoin Buy tab.
AYou can check which wallets support Litecoin on the Litecoin Wallets tab.
AAlmost all Litecoin loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Litecoin flash loans which allow you to borrow uncollateralised Litecoin for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Litecoin loans on the Litecoin Loans tab.

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