what is litecoin worth
Change the wallet network in the MetaMask Application to add this contract. The Litecoin Foundation recently estimated it will be well over 100 years until Litecoin reaches full dilution (around the year 2140) — since the number of LTC mined per block decreases every four years as part of the block reward halving schedule. Behind Bitcoin, Litecoin is the second most popular pure cryptocurrency. Litecoin is one of the few cryptocurrencies with a wide variety of fiat trading pairs, and can be exchanged for U.S. dollars (USD), Korean won (KRW), euros (EUR) and more. Litecoin (LTC) is one of the first altcoins, created in 2011 by Charlie Lee. Based on tech and fundamental analysis data, LTC might become a profitable investment far beyond 2021. The 24-hour price movement chart indicates that $3,337,054,054 worth of LTC was trading (Litecoin prediction today). Still, it proved to be competitive in 2017 when cryptocurrency began to take off in popularity. On April 17, 2021, the value of one Litecoin was $310.73. Besides Lee, the Litecoin Foundation also includes three other individuals on the board of directors: Xinxi Wang, Alan Austin and Zing Yang — all of which are accomplished in their own right. As we previously touched on, Litecoin was founded by Charlie Lee, an early cryptocurrency adopter and a name held in high regard in the cryptocurrency industry. The current CoinMarketCap ranking is #13, with a live market cap of $14,239,778,429 USD. Cloudflare Ray ID: 651f3b0c5dae0c8d According to Primexbt, the potential low of Litecoin will be around a couple of thousand dollars. Litecoin is up 9.38% in the last 24 hours. Since then, it has exploded in both usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence. Today, Charlie Lee is an outspoken advocate of cryptocurrencies and is the managing director of the Litecoin Foundation—a non-profit organization that works alongside the Litecoin Core Development team to help advance Litecoin. When it was launched, it was intended to be the silver version of Bitcoins gold, and it was engineered to be a more lightweight version of Satoshi Nakamoto’s crypto coin. What Is Litecoin Worth? What will bitcoin be worth in 2025? Charlie Lee, also known as “Chocobo,” is an early Bitcoin miner and computer scientist, who was a former software engineer for Google. Some of the most prominent names include Huobi Global, Binance, Coinbase Pro, OKEx and Kraken. Another way to prevent getting this page in the future is to use Privacy Pass. • It has a circulating supply of 67 Million LTC coins and a max supply of 84 Million. Litecoin Price Prediction 2030 In 2017 Litecoin reached its all-time high of $360.66 before falling back down to roughly $20 before bouncing back higher ahead of the halving in 2019. 24 hour LTC volume is $15.14B. LTC Price Live Data The live Litecoin price today is $341.20 USD with a 24-hour trading volume of $13,422,228,289 USD. In 2021 Litecoin successfully surpassed its 2019 high and even managed to reach a level seen for the last time in 2018. This phenomenon transcends currency. This success can be largely attributed to its simplicity and clear utility benefits. Performance & security by Cloudflare, Please complete the security check to access. If you would like to know where to buy Litecoin, the top exchanges for trading in Litecoin are currently Binance, Huobi Global, Bybit, OKEx, and FTX. Litecoin is down 29.81% in the last 24 hours. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support. Your IP: 81.169.159.159 What will Litecoin be worth in 2025? This is a long-term projection, and it shows LTC has enormous potential to perform well in the coming days. One Bitcoin is worth over $44,000 at the moment whereas Litecoin is only $313. First is the appealing comments about crypto investing by leading entrepreneurs and investors like Mark Cuban, Elon Musk , and Twitter’s Jack Dorsey . The live Litecoin price today is $213.32 USD with a 24-hour trading volume of $11,103,675,348 USD. Like Bitcoin and several other cryptocurrencies, Litecoin uses the PoW consensus algorithm to ensure transactions are confirmed quickly and without errors. If you have a high-grade memory card and a dedicated computer, mining LiteCoin is a worthwhile investment. The combined strength of the Litecoin mining network prevents double-spends and a range of other attacks, while ensuring the network has 100% uptime. It quickly dropped to $1.50 and didn’t see much fluctuation in its first few years. In addition, Charlie Lee held the role of director of engineering at Coinbase between 2015 and 2017 before moving on to other ventures. At the time of writing, Litecoin’s price is $132.9 and its market capitalization is $8,818,793,896. In late 2020, Litecoin also saw the release of the MimbleWimble (MW) testnet, which is used to test Mimblewimble-based confidential transactions on Litecoin. It is defined as a peer to peer cryptocurrency that was realised under an open source project on an MIT/X11 license . Indeed, Litecoin is known for being the silver to Bitcoin’s gold. As a blockchain-based cryptocurrency, Litecoin is secured by incredibly strong cryptographic defenses — making it practically impossible to crack. Litecoin Price Prediction 2025. Since its launch in 2011 Litecoin has seen steady adoption with an active community of traders, merchants, and developers. Is LiteCoin Worth Mining? Earn up to $25 worth of crypto. Since then, Litecoin has been trading in a relatively stable range between $45 and $50 per coin, although an uptrend seems to be emerging, with the cryptocurrency posting higher lows in the past few sessions. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments. As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe. The report also indicates ltc price will achieve a mean of $6,500 this year. Litecoin has been moving sideways since the March 2020 flash crash, hovering at a price between 40-70$USD and currently sitting around 45$USD. Several factors suggest that Litecoin price will continue rising throughout 2021, making the altcoin a must-have in your crypto portfolio. You can find others listed on our crypto exchanges page. If you live somewhere with especially cheap electricity then Litecoin mining could definitely be worth it. As of January 2021, 66.245 million LTC have already been mined out of a total maximum supply of 84 million. Despite this, as a fairly distributed asset, the Litecoin developers or Charlie Lee do not receive any direct profits from the operation of Litecoin—other than anything they may earn as part of the regular mining process. The price of Litecoin evolves from 2011 to 2013 between a few tens of centimes and 3 dollars. It’s worth mentioning that Litecoin has quickly become a sandbox for other cryptocurrencies, especially Bitcoin. There will never be more than 84 million Litecoins in circulation. Like most proof-of-work (POW) cryptocurrencies, the amount of Litecoin in circulation gradually increases with each newly mined block. Litecoin’s PRICE now is $56. Since then, the value has climbed down and now stands at Rs7700 ($104.73). The only drawback to mining LiteCoin is that the currency recently halved its mining rewards. Litecoin has performed quite well during the ongoing bull run. In the coming months, we will be entering the first anniversary after LTC's second halving event of its mining reward. Let’s analyse price action to find out. Any currency – even the U.S. dollar or gold bullion – is only as valuable as society thinks it is. The litecoin community experienced dramatic growth this years, especially considering the token sold for between $4 and $5 each the first week of 2017. LTC price is down -17.2% in the last 24 hours. If the Federal Reserve started circulating too many banknotes, the value of the dollar would plummet in short order. Litecoin is based on a similar concept to that of Bitcoin and it actually “forked” off the Bitcoin ledger back in 2011. Litecoin is a decentralised peer-to-peer network that allows the execution of cross-border transactions and everyday purchases. The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. supply of 84,000,000 LTC coins. One LTC is currently trading at $84.57. About Litecoin Litecoin price today is $319.80 with a 24-hour trading volume of $13,538,290,718. I do not think Litecoin has a future unless they somehow discover gold in its algorithms. With the future of Cryptocurrencies looking bright, it would be easy to say that Litecoin will be worth 5-10x the price it’s at. Table of Contents. Its main benefit comes from its speed and cost-effectiveness. Litecoin is a cheaper asset, often considered the digital silver to Bitcoin’s digital gold. Read in our Litecoin price prediction for 2020, 2025 and 2030. Is it worth investing in Litecoin? The year 2020 is a critical year not only for LTC but also for the entire cryptocurrencies. While Bitcoin could certainly be used to store value or for long term investments, Litecoin can be used for payments. • Thus, whenever the crypto community pondered a major upgrade to be implemented by Bitcoin, they favored its initial trial on Litecoin. Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology. By the end of 2021, WalletInvestor believes the price of LTC could be between $99.427 and $194.364.
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