Litecoin
LTCRank #24$57.07
1h
-0.54%
24h
+3.65%
7d
+1.55%
Key Statistics
Market Cap
$4.4B
24h Volume
$333M
Circ. Supply
77.1M LTC
Total Supply
77.1M LTC
Max Supply
84.0M LTC
All-Time High
$410.26
ATH Date
May 10, 2021
Market Cap Rank
#24
Buy Litecoin Now
Compare top exchanges. All verified safe and regulated.
When you sign up through our links, we earn a commission. You pay nothing extra. We only recommend exchanges we trust.
Affiliate disclosure →About Litecoin
Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens. The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols. Key technical features include the Scrypt hashing algorithm, which promotes wider network participation, and MimbleWimble Extension Blocks, which improve user privacy by allowing transaction details to be hidden. The LTC token is used for settling global payments, executing microtransactions through smaller units called litoshis, and diversifying digital portfolios with a highly liquid asset. New tokens are issued to miners as rewards for verifying blocks, though these rewards undergo a halving event approximately every four years to strictly control inflation. This process ensures the ledger maintains immutability, meaning records cannot be changed once they are saved to the global network. Created by former Google engineer Charlie Lee, the project is supported by the Litecoin Foundation, a non-profit organization dedicated to ecosystem adoption. Unlike many venture-backed projects, it is maintained by a decentralized community of independent developers and a global network of miners. The project has seen recent institutional adoption, with entities like Lite Strategy and Luxxfolio Holdings adding significant amounts of LTC to their corporate treasuries as of late 2025.
You Might Also Like
Latest Litecoin News
Quick Converter
1 LTC = $57.07 · Rate refreshes live
Frequently Asked Questions
Litecoin (LTC) is ranked #24 by market capitalisation with a current market cap of $4.4B. Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide.
You can buy Litecoin on several major exchanges: Binance (global, lowest fees), Bybit (great for derivatives), KuCoin (widest altcoin selection), and Coinbase (best for US users). If you're in Nigeria, South Africa, Kenya, or Malaysia, Luno is an excellent regulated option. Simply create an account, verify your identity, deposit funds, and place a market or limit buy order for LTC.
Whether Litecoin is a good investment depends on your financial goals and risk tolerance. Cryptocurrency is highly volatile. Litecoin has a current market cap of $4.4B, which reflects its market position. Always do your own research (DYOR), never invest more than you can afford to lose, and consider consulting a financial advisor. CoinGlance does not provide financial advice.
The price of Litecoin is determined by supply and demand on cryptocurrency exchanges worldwide. Key factors include: overall market sentiment, Bitcoin's price movement, protocol developments, regulatory news, macroeconomic factors, and social media activity. The current 24h trading volume of $333M reflects market activity.
You can store Litecoin in several ways. Exchange wallets (like Binance or Coinbase) are convenient but carry counterparty risk. Software wallets give you control of your private keys. For maximum security, hardware wallets like Ledger or Trezor store your keys offline. Remember: not your keys, not your coins.
Bitcoin (BTC) is the original cryptocurrency, primarily used as a store of value. Litecoin (LTC) is a different asset with its own unique use case. Both can be purchased on the same exchanges, but they serve different purposes in a portfolio.