|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Block Time (min)||2|
|Genesis Date||8th October 2011|
|Max Coin Supply||84,000,000|
Litecoin (ltc) is a digital asset ranked as #8 in BitCourier Cryptocurrency List with market capitalisation of £3.73 Bn. Pound Sterling. In the last 24 hours Litecoin's trading volume exceeded £2.80 Bn.
Current price - £56.58 GBP. Exchange rate ltc to USD is $75.26 for one coin.
During the last calendar year Litecoin price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -13.49%. (ltc)'s peak price (All-time high) was £269.56 per coin, this point was reached on 18th December 2017 . From that moment till today Litecoin has lost -79.05% in value.
Ratings by crypto community, developers and liquidity are 55.181, 75.671, 86.588.
Litecoin is one of the most popular Bitcoin alternatives when it comes to speed and minimal transaction costs. LTC has derived from Bitcoin in 2011 and was created by Charlie Lee. The main feature that differs LTC from BTC is decreased block generation time, a bigger max coin supply, and a radically improved hashing algorithm. This system can transfer funds 4 times faster than Bitcoin and with lower commissions.
The main thing that makes Litecoin special is the use of the Scrypt algorithm which is a lighter alternative to BItcoin's SHA-256. People who own LTC can store them in special wallets and exchange them for other cryptocurrency or fiat money just like they do with Bitcoin.