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What Is Litecoin (LTC)?
Built on the Bitcoin (BTC) protocol, Litecoin distinguishes itself through its hashing algorithm, supply cap, faster block times, and other technical differences. With a block time of 2.5 minutes and minimal transaction fees, Litecoin is well-suited for microtransactions and everyday payments.
The project was launched as an open-source client on GitHub, with its network going live shortly afterward. Over time, Litecoin has gained widespread adoption among users and merchants, consistently ranking among the leading cryptocurrencies by market capitalization.
Litecoin was developed by Charlie Lee, a former Google engineer, who envisioned it as a lighter and more efficient alternative to Bitcoin while retaining many of its core features.
For a deeper exploration of Litecoin, you can read our detailed analysis on DroomDroom.
Who Are the Founders of Litecoin?
What Makes Litecoin Unique?
How Many Litecoin (LTC) Coins Are There in Circulation?
How Is the Litecoin Network Secured?
Where Can You Buy Litecoin (LTC)?
Litecoin Mimblewimble Upgrade
Some Exchanges Delist LTC After MimbleWimble Upgrade
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Litecoin Price Live Data
Litecoin (LTC) stands among the most influential projects in crypto, with a strong market presence and adoption. The current market valuation places Litecoin at $92.14 per token, reflecting a 2.88% slight increase in value during the past 24-hour trading period. This price movement indicates positive market activity within the LTC ecosystem. Investor engagement with Litecoin remains substantial, with $445,185,454.917 in trading volume recorded across various trading platforms over the last 24 hours. This level of liquidity highlights LTC's ongoing interest and utility within the broader cryptocurrency landscape For comprehensive details regarding Litecoin's development roadmap, technical specifications, and community initiatives, interested parties are encouraged to visit the project's official resource hub at https://litecoin.org/.
