Litecoin Price

Track Litecoin Price Today, Live LTC Price Chart & Market Cap

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TO USD

Litecoin Price Live Data

24H Range
$?63.85
24H Range
$?66.06
52W Range
$?54.60
52W Range
$?111.54
ATH & ATL Range
$?1.11374
ATH & ATL
$?410.76
Litecoin Price$?65.82
Market Cap$?4.91B
Diluted Market Cap $?5.53B
24H Volume$?677.22M
Vol. / M. Cap Ratio 0.138
Dominance 0.22%
ATH $?410.76 (-84%)
ATH Date May 10, 2021
ATL $?1.11374
ATL Date Jan 14, 2015
Cycle Low $?40.47
Cycle High $?114.49
Circ. Supply 74.57M (89%)
Total Supply 84.00M
Max Supply 84.00M
Supply Inflation 1.38% (Low)
Volatility 7.49% (High)
PlatformBTC
Release Date Oct 13, 2011
Fear & Greed Index 34 (Fear)
Sentiment Bearish
Show more ↓

Litecoin price today is $?65.82 with a 24-hour trading volume of $?677.22M, market cap of $?4.91B, and market dominance of 0.22%. The LTC price increased 2.65% in the last 24 hours.

Litecoin reached its highest price on May 10, 2021 when it was trading at its all-time high of $?410.76, while Litecoin's lowest price was recorded on Jan 14, 2015 when it was trading at its all-time low of $?1.11374. The lowest price since it's ATH was $?40.47 (cycle low). The highest LTC price since the last cycle low was $?114.49 (cycle high). The Litecoin price prediction sentiment is currently bearish, while Fear & Greed Index is showing 34 (Fear).

Litecoin's current circulating supply is 74.57M LTC out of max supply of 84.00M LTC. The current yearly supply inflation rate is 1.38% meaning 1.02M LTC were created in the last year. In terms of market cap, Litecoin is currently ranked #4 in the Proof-of-Work Coins sector and ranked #13 in the Layer 1 sector.

Highlights

  • Price has increased by 2% in the last 1 year
  • Has liquidity based on its market cap
  • Trading on KuCoin
  • Yearly inflation rate is

Risk Analysis

  • Outperformed by 81% of the in 1 year
  • Outperformed by and
  • Trading below the
  • Only in the last 30 days (47%)
  • Down -84% from all-time high
See All Risk Checks

Litecoin Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
LitecoinUS Dollar LTC/USD 0.86%2.83%-0.38%-10.42%-23.08%-6.18%-10.97%1.56%-62.48%-9.31%1,428%
LitecoinBitcoin LTC/BTC -1.25%-1.60%-7.55%-5.74%-16.05%-23.63%-40.04%-58.14%-71.44%-85.52%-96.75%
LitecoinEthereum LTC/ETH -0.99%-1.38%-5.51%12.65%5.47%5.03%-24.57%-38.42%-56.11%-93.72%--
LitecoinTether LTC/USDT 0.86%2.83%-0.38%-10.42%-23.08%-6.18%-10.97%1.56%-62.48%-9.31%1,428%

Litecoin price in US Dollar has decreased by -10.42% in the last 1 month. LTC is up 12.65% against Ethereum and down -5.74% against Bitcoin in the last 1 month.

Litecoin Quarterly Returns

YearQ1Q2Q3Q4Total
2013---31.09%-22.13%939.11%457.57%
2014-47.53%-29.84%-50.07%-39.24%-88.83%
2015-39.22%147.29%-26.35%15.63%28.00%
2016-6.41%28.75%-8.39%12.59%24.28%
201754.14%505.28%34.90%324.95%5,248%
2018-49.58%-31.01%-24.03%-50.44%-86.90%
2019105.06%98.45%-54.55%-25.95%36.94%
2020-5.67%5.36%12.21%169.03%199.98%
202158.24%-26.83%6.29%-4.39%17.67%
2022-15.47%-56.45%-1.05%31.27%-52.19%
202328.14%21.57%-39.28%10.20%4.25%
202443.81%-28.32%------
Average 11.41%50.26%-15.68%125.71%526.27%

The top-performing year for Litecoin was 2017 when the price of LTC increased by 5,248.25% from $?4.33 to $?231.33. The worst performing year for Litecoin was 2014 when the price dropped by -88.83% from $?24.35 to $?2.72. The average yearly growth of Litecoin over the last 12 years is 526.27% per year. Usually, Litecoin performs best in Q4 with an average of 125.71% gain and worst in Q3 with -15.68% loss.

Litecoin Price Closing History by Level

PriceDays Above% of Litecoin's Life
$?410.76 ATH--
$?400.0000.00%
$?350.0060.15%
$?300.00220.53%
$?250.00641.55%
$?200.001573.80%
$?65.82 Price Now158538.34%
$?60.00180943.76%
$?50.00219353.05%
$?45.00235056.85%
$?40.00251960.93%
$?35.00255361.76%

The table above shows the number of days which Litecoin closed above a certain price level.

Litecoin Price & ROI on this Date

DatePriceROI
Aug 23, 2024 Today$?65.82-
Aug 23, 2023$?64.981.30%
Aug 23, 2022$?57.1115.27%
Aug 23, 2021$?186.32-64.67%
Aug 23, 2020$?60.339.10%
Aug 23, 2019$?73.50-10.45%
Aug 23, 2018$?55.4018.82%
Aug 23, 2017$?46.7340.87%
Aug 23, 2016$?3.661,699.84%
Aug 23, 2015$?3.511,774.69%
Aug 23, 2014$?5.251,154.44%
Aug 23, 2013$?2.782,266.44%

The table above shows the price and ROI of Litecoin today and previous years on the same date (Aug 23).

LTC Exchanges

Litecoin is being traded on 120 cryptocurrency exchanges, including Binance and KuCoin. $?677.22M worth of Litecoin changed hands in the last 24 hours. If you wish to purchase LTC, check our guide on how to buy Litecoin in 6 steps.

ExchangePrice Volume Action
Binance$?65.69$?30.19M$?65.69$?30.19M Trade Now
KuCoin$?65.68$?3.59M$?65.68$?3.59M Trade Now
Kraken$?65.64$?3.05M$?65.64$?3.05M Trade Now
Bybit$?65.65$?7.39M$?65.65$?7.39M Trade Now
OKX$?65.65$?6.74M$?65.65$?6.74M Trade Now
gate.io$?65.68$?4.94M$?65.68$?4.94M Trade Now
Binance Futures$?65.62$?87.78M$?65.62$?87.78M Trade Now
PrimeXBT$?65.65$?591,698$?65.65$?591,698 Trade Now
MEXC$?65.72$?1.08M$?65.72$?1.08M Trade Now
Coinbase$?65.50$?7.18M$?65.50$?7.18M Trade Now

About Litecoin

Litecoin is a very well-established cryptocurrency, as it was one of the very first coins to gain traction after Bitcoin entered the scene in 2009. Litecoin was launched in 2011 by computer scientist Charlie Lee and has been one of the most relevant altcoins for practically its entire existence. 

Litecoin was created as a fork of the Bitcoin Core client and still shares many of its defining characteristics with Bitcoin. In the cryptocurrency it is often said that if Bitcoin represents gold, Litecoin represents silver. 

Key Litecoin features:

  • Created by Charlie Lee as a fork of Bitcoin in 2011 
  • Shares many properties with Bitcoin, but enables faster transactions
  • Uses Scrypt-based PoW instead of SHA256-based PoW

Litecoin’s block time target is four times faster than Bitcoin’s (2.5 minutes compared to 10 minutes). Litecoin’s maximum supply cap is four times larger than Bitcoin’s (84 million compared to 21 million). 

Similarly to Bitcoin, the Litecoin blockchain also reaches consensus through a proof-of-work (PoW) mechanism. However, Litecoin doesn’t use a SHA256-based PoW algorithm, but instead uses a Scrypt-based algorithm. 

These features allows the Litecoin blockchain to process transactions faster than the Bitcoin blockchain.

Litecoin also has a block reward halving mechanism, which occurs approximately every four years. The latest Litecoin halving, which occurred in 2019, lowered the LTC reward from 25 LTC per block to 12.5 LTC per block. 

In general, Litecoin is seen as a faster but less robust alternative to Bitcoin. Due to its comparably faster speed, Litecoin advocates are actively promoting LTC as a cryptocurrency that is convenient for use in everyday transactions. 

In the future, Litecoin could potentially have features that would make it much more than Bitcoin’s little brother. For example, Litecoin developers are experimenting with implementing the MimbleWimble privacy technology into Litecoin to enable private LTC transactions. 

On CoinCodex, you can stay up to date with the latest information regarding the Litecoin price, market cap and news. 

FAQ

What is Litecoin (LTC)?

Litecoin is an open-sourced, decentralized cryptocurrency that was made as an early Bitcoin spinoff. It is nearly identical in technical aspects, as it uses a Proof-of-Work protocol. It is sometimes used as a pseudo-test for Bitcoin, adopting new protocol changes before they are deployed on Bitcoin. Its supporters like to use the phrase “Litecoin is the Silver to Bitcoin’s Gold.”

LTC was created in 2011 by Charlie Lee, an engineer who worked for Google and Coinbase, with an idea of creating a better version of Bitcoin, optimizing it for use as a medium of exchange. This is why Litecoin has 4 times larger max supply (84,000,000 LTC), with 4 times faster block creation speed (every 2.5 minutes), prioritizing accessibility and transaction speed.

In 2017, Charlie started the Litecoin foundation, which leads all Litecoin development, although many development ideas are provided by the community.

How does LTC work?

Litecoin operates very similarly to Bitcoin, using a Proof-of-Work protocol. The biggest difference is that instead of SHA256, Litecoin uses a special Scrypt algorithm. With Scrypt, the developers wanted to allow individuals to mine LTC more efficiently, reducing the need for ASIC machines, which are dominating Bitcoin mining. However, over the last few years, ASIC machines have been developed for LTC as well.

How is LTC used?

Litecoin was created with an idea of creating a more efficient Bitcoin, more optimized for transactions. LTC is mostly used as a currency mediator or an investment.

Why are LTC coins valuable?

LTC value depends on its supply and demand. These factors are additionally tied to the network popularity. The more people use the network, the demand for LTC rises, which causes the value to rise as well.

How do I get LTC?

Exchanging LTC for fiat currency is possible in many exchanges, while it is also possible to get BTC and then change it to LTC. Another way is to find someone to trade in person, however, finding someone trustworthy can often be time consuming.

Alternatively, it is possible to mine LTC, however, larger upfront investments are required in order to make profit.

Is LTC a good investment?

The cryptocurrency market is a high risk environment, so caution is strongly advised. Education and professional analysis can help a lot with making important decisions and are highly recommended, especially for beginners.

Generally, LTC is one of the more popular cryptocurrencies available. With a reliable demand for the product, its value should not experience extreme crashes.

How much does it cost to buy 1 LTC?

As of , the price of 1 LTC is . Smaller parts of LTC are called millilitecoin (0.001 LTC) and microlitecoin (0.000001 LTC).

Is it a good time to buy LTC?

That solely depends on market opportunities available. On this date, LTC is , and you can find relevant technical indicators on our LTC price prediction page.

How much should I invest in LTC?

It is highly recommended to start with smaller stakes if you are new to trading. Getting used to the market environment can usually take some time, so some losses should be expected at the start.

Increasing the investment is always possible, however, the general rule is that you should never invest more than you are willing to lose.

How do you cash out from LTC?

It is possible to cash out of LTC directly, as many exchanges offer a direct LTC/fiat par. If that is not an option, changing LTC to BTC first would be the most efficient way, as cashing out of BTC is available in every exchange. Alternatively, it is possible to find someone in person to trade with.

Is LTC secure?

Generally, Proof of Work is considered to be a secure protocol, as it requires an enormous amount of work to trick the system. Even though LTC has a lot less hash power in their network, when compared to BTC, a coordinated attack is still nearly impossible.

There have not been any relevant security issues regarding LTC in the past.

Are LTC coins legal?

Many countries have adopted cryptocurrency into their legal systems, considering these assets as property. Depending on the country, cryptocurrency use can range from severely limited to completely open. You can check the legality of crypto by country or territory here.

How are new LTC coins created?

LTC coins are generated through a process called mining. A network of decentralized nodes is used to maintain all the operations on the blockchain. These nodes need to do some heavy-duty processing in order to generate the next block that needs to be added to the chain. The first node that manages to do so is awarded with a set amount of LTC.

Each block contains many transactions and is generated roughly every 2.5 minutes. The first node that manages to find the new block address is awarded with a set amount of LTC.

Is mining LTC a good investment?

Mining can be extremely profitable if done correctly. It is possible to mine LTC with consumer electronics (GPU, CPU), however, specialized machines have been developed, called ASIC, which are much more efficient. Having this in mind, larger upfront investments are required for a reliable profit.

There is a lot of space for optimization here, which can further increase profit. Getting access to renewable energy through solar panels and wind turbines can often be a worthwhile investment for those willing to pay an extra buck.

How many LTC coins are left?

Currently, there are  LTC coins available out of 84,000,000 total LTC. That means that the rest have yet to be mined and are currently unavailable for trading.

What is the LTC halving?

Current mining award is , and this amount is halved every 840,000 blocks, which is about every 4 years.

How does the LTC halving affect its price?

Currency halving can affect the price in many ways. It can cause the value to rise as it decreases the amount of coins added to the network.

On the other hand, halving can have a negative effect as it decreases the profit for miners. This can cause some of them to stop mining, which can have many effects on the blockchain, such as increased waiting time, larger fees and general lower quality of life on the network. Most of these factors can cause the price to drop.

Is my information private when using LTC?

All transactions made on the LTC blockchain are publicly available here.

This information is relatively useless to most users, however, a person with a specific knowledge and toolset could easily use this info to track specific transactions.

Are LTC transaction fees high?

Currently, average fees are around 0.00028 LTC, which is a fraction of a dollar. Transaction waiting times are around 2,5 minutes, and it is possible to increase the transaction fee for a faster transaction. 

However, the network is not under a lot of pressure, so it should not take more than 1-2 blocks (5 minutes) for any transaction to go through.

Litecoin News

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LTC
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$?65.69
2.65% Last 24h
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