Litecoin (LTC) Price Overview
Litecoin's current price is $91.31** with a **24-hour trading volume of $659 million. Key metrics:
- 24h Change: +8.20%
- 1h Change: -0.46%
- Circulating Supply: 76.03M LTC ($76.03M)
- Market Cap: $6.94B (CoinGecko Rank #25)
👉 Track real-time LTC price movements
LTC/USD Conversion Tools
Latest Price Calculator
- LTC → USD: 1 LTC = $91.31
- USD → LTC: Use our interactive converter below:
| Amount (LTC) | USD Equivalent |
|---|---|
| 1 | $91.31 |
| 5 | $456.55 |
| 10 | $913.10 |
What Is Litecoin (LTC)?
Litecoin is a peer-to-peer cryptocurrency launched in 2011 by Charlie Lee (ex-Google engineer). As a Bitcoin fork, it enhances:
- ✅ Faster transactions: 2.5-minute block times (vs Bitcoin’s 10 mins)
- ✅ Lower fees: Ideal for microtransactions
- ✅ Improved decentralization: Scrypt algorithm resists ASIC dominance
Key Technical Features
| Aspect | Litecoin (LTC) | Bitcoin (BTC) |
|---|---|---|
| Consensus | PoW | PoW |
| Hash Algorithm | Scrypt | SHA-256 |
| Max Supply | 84M LTC | 21M BTC |
Why Invest in Litecoin?
- Adoption: Accepted by 3,000+ merchants globally (2024 data)
- Scalability: Processes 56 transactions/second (vs Bitcoin’s 7)
- Upgrades: Active development (MWEB privacy upgrades in 2022)
FAQ: Litecoin (LTC) Essentials
Q1: How does Litecoin differ from Bitcoin?
A: LTC offers faster/cheaper transactions using Scrypt mining, while BTC prioritizes security with SHA-256.
Q2: Where can I buy Litecoin?
A: Major exchanges like OKX, Binance, and Coinbase support LTC trading.
Q3: Is Litecoin a good long-term investment?
A: As a top 25 crypto with consistent upgrades, LTC remains a viable altcoin—but always DYOR.
Q4: What’s Litecoin’s inflation rate?
A: Fixed supply of 84M LTC (~73% mined as of 2024). No inflationary emissions.
Market Outlook
Litecoin’s +8.2% surge this week reflects growing use in payments and cross-border transfers. Analysts note its correlation with BTC trends but highlight LTC’s stronger retail adoption metrics.
Data updated: June 2024. Sources: CoinGecko, TabTrader.
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