14

Rank

Litecoin, LTC

$176.74 ( -2.05% )

Market Cap

$11 797 705 498

24 Hour Volume

$910 418 452

Available Supply

66 752 614

Litecoin / US Dollar Chart, LTC/USD ()


Open price: 0.0
High price: 0.0
Average price: 0.0
Close price: 0.0
Low price: 0.0
Change: 0.0%

#
Exchange
Pair
Volume
Volume (%)
1.
LTC/USDT
65 126 720 USD
6.79 %
2.
LTC/USDT
60 599 499 USD
6.32 %
3.
LTC/USD
48 639 962 USD
5.07 %
4.
LTC/USD
45 539 987 USD
4.75 %
5.
LTC/BTC
38 158 016 USD
3.98 %
6.
LTC/USDT
35 240 728 USD
3.67 %
7.
LTC/USD
33 476 046 USD
3.49 %
8.
LTC/USDT
32 118 136 USD
3.35 %
9.

EXX EXX

LTC/USDT
30 963 072 USD
3.23 %
10.
LTC/USDT
29 870 805 USD
3.11 %
11.
LTC/KRW
28 650 441 USD
2.99 %
12.
LTC/USDT
26 234 084 USD
2.74 %
13.
LTC/USDT
25 974 290 USD
2.71 %
14.
LTC/USDT
22 759 731 USD
2.37 %
15.
LTC/USDT
19 321 852 USD
2.01 %
16.
LTC/ETH
15 861 600 USD
1.65 %
17.
LTC/BTC
15 546 775 USD
1.62 %
18.
LTC/KRW
14 978 063 USD
1.56 %
19.
LTC/BTC
14 733 615 USD
1.54 %
20.
LTC/ETH
14 577 045 USD
1.52 %
21.
LTC/USDT
13 321 212 USD
1.39 %
22.
LTC/BTC
12 673 290 USD
1.32 %
23.

FTX FTX

LTC/USD
12 669 642 USD
1.32 %
24.
LTC/USDT
10 831 857 USD
1.13 %
25.
LTC/BTC
10 818 036 USD
1.13 %
26.
LTC/BUSD
10 576 113 USD
1.10 %
27.

AAX AAX

LTC/USDT
10 267 638 USD
1.07 %
28.
LTC/USDT
10 017 677 USD
1.04 %
29.
LTC/USDT
9 539 497 USD
0.99 %
30.
LTC/USDT
8 748 909 USD
0.91 %
31.
LTC/USD
8 701 157 USD
0.91 %
32.
LTC/USDT
8 678 308 USD
0.90 %
33.
LTC/USDT
8 004 470 USD
0.83 %
34.
LTC/USDT
7 162 928 USD
0.75 %
35.

FTX FTX

LTC/USDT
7 120 077 USD
0.74 %
36.
LTC/BTC
7 106 090 USD
0.74 %
37.
LTC/USDT
6 751 259 USD
0.70 %
38.
LTC/USDT
5 997 359 USD
0.63 %
39.
LTC/BTC
5 854 020 USD
0.61 %
40.
LTC/BTC
5 622 908 USD
0.59 %
41.
LTC/USDT
5 094 122 USD
0.53 %
42.
LTC/USDT
4 957 018 USD
0.52 %
43.
LTC/BTC
4 802 091 USD
0.50 %
44.
LTC/ETH
4 744 223 USD
0.49 %
45.
LTC/BTC
4 585 841 USD
0.48 %
46.
LTC/BTC
4 485 664 USD
0.47 %
47.
LTC/EUR
4 468 842 USD
0.47 %
48.
LTC/BTC
4 431 627 USD
0.46 %
49.
LTC/BTC
4 305 368 USD
0.45 %
50.
LTC/BTC
4 297 876 USD
0.45 %
51.
LTC/BTC
4 201 805 USD
0.44 %
52.
LTC/BTC
3 878 228 USD
0.40 %
53.
LTC/OKB
3 522 521 USD
0.37 %
54.
LTC/USDT
3 497 469 USD
0.36 %
55.
LTC/TRX
3 363 580 USD
0.35 %
56.
LTC/USDT
3 345 162 USD
0.35 %
57.
LTC/USD
3 072 686 USD
0.32 %
58.
LTC/USDT
2 790 878 USD
0.29 %
59.
LTC/VET
2 771 690 USD
0.29 %
60.
LTC/USDT
2 750 848 USD
0.29 %
61.
LTC/USDT
2 658 224 USD
0.28 %
62.
LTC/ETH
2 627 640 USD
0.27 %
63.
LTC/USD
2 542 133 USD
0.27 %
64.
LTC/BTC
2 496 216 USD
0.26 %
65.
LTC/USD
2 495 163 USD
0.26 %
66.
LTC/USDT
2 393 609 USD
0.25 %
67.
LTC/BTC
2 372 386 USD
0.25 %
68.
LTC/BTC
2 291 688 USD
0.24 %
69.
LTC/BTC
2 135 342 USD
0.22 %
70.
LTC/USDK
2 084 869 USD
0.22 %
71.
LTC/USD
2 051 400 USD
0.21 %
72.
LTC/ETH
1 802 422 USD
0.19 %
73.
LTC/EUR
1 744 331 USD
0.18 %
74.
LTC/GBP
1 693 437 USD
0.18 %
75.
LTC/USDT
1 658 531 USD
0.17 %
76.
LTC/BTC
1 651 534 USD
0.17 %
77.
LTC/USDT
1 593 105 USD
0.17 %
78.
LTC/USD
1 573 001 USD
0.16 %
79.
LTC/USDT
1 564 889 USD
0.16 %
80.
LTC/USDT
1 483 684 USD
0.15 %
81.
LTC/USDT
1 478 009 USD
0.15 %
82.
ETH/LTC
1 326 506 USD
0.14 %
83.
LTC/BNB
1 319 244 USD
0.14 %
84.
LTC/USDC
1 310 538 USD
0.14 %
85.
LTC/EUR
1 301 797 USD
0.14 %
86.
LTC/EUR
1 238 204 USD
0.13 %
87.
LTC/USDT
1 215 838 USD
0.13 %
88.
LTC/USDT
1 077 253 USD
0.11 %
89.
LTC/BTC
1 052 951 USD
0.11 %
90.
LTC/USD
962 158 USD
0.10 %
91.
LTC/BTC
960 018 USD
0.10 %
92.
LTC/USDT
958 966 USD
0.10 %
93.
LTC/TRY
947 511 USD
0.10 %
94.
LTC/USDT
934 028 USD
0.10 %
95.
LTC/USD
767 464 USD
0.08 %
96.
LTC/BTC
736 270 USD
0.08 %
97.
LTC/KRW
706 916 USD
0.07 %
98.
LTC/BTC
669 628 USD
0.07 %
99.
LTC/USDT
666 210 USD
0.07 %
100.
LTC/USDT
666 210 USD
0.07 %
101.
LTC/USDT
666 210 USD
0.07 %
102.
LTC/BTC
650 362 USD
0.07 %
103.
LTC/USD
619 186 USD
0.06 %
104.
LTC/BTC
614 250 USD
0.06 %
105.
LTC/BTC
587 034 USD
0.06 %
106.
LTC/BTC
584 885 USD
0.06 %
107.

FTX FTX

LTC/BTC
573 516 USD
0.06 %
108.
LTC/AED
570 756 USD
0.06 %
109.
LTC/USDF
570 628 USD
0.06 %
110.
LTC/THB
540 550 USD
0.06 %
111.
LTC/BRL
531 335 USD
0.06 %
112.
LTC/BTC
528 189 USD
0.06 %
113.
LTC/BTC
527 595 USD
0.06 %
114.
LTC/BTC
519 358 USD
0.05 %
115.
LTC/KRW
517 952 USD
0.05 %
116.
LTC/ETH
493 765 USD
0.05 %
117.
LTC/ETH
462 313 USD
0.05 %
118.
LTC/BTC
423 521 USD
0.04 %
119.
LTC/ETH
404 793 USD
0.04 %
120.
LTC/USD
381 960 USD
0.04 %
121.
LTC/USDT
381 483 USD
0.04 %
122.
LTC/MYR
367 226 USD
0.04 %
123.
LTC/USD
363 123 USD
0.04 %
124.
LTC/USDT
341 988 USD
0.04 %
125.
LTC/USDT
330 862 USD
0.03 %
126.
LTC/EUR
329 297 USD
0.03 %
127.
LTC/ETH
307 898 USD
0.03 %
128.
LTC/BTC
287 119 USD
0.03 %
129.
LTC/USDT
269 376 USD
0.03 %
130.
LTC/HUSD
262 376 USD
0.03 %
131.
LTC/USDT
246 358 USD
0.03 %
132.
LTC/RUB
231 339 USD
0.02 %
133.
LTC/GBP
225 901 USD
0.02 %
134.
LTC/ETH
207 331 USD
0.02 %
135.
LTC/USDT
204 026 USD
0.02 %
136.
LTC/BTC
195 266 USD
0.02 %
137.
LTC/ETH
193 731 USD
0.02 %
138.
LTC/UAH
177 710 USD
0.02 %
139.
LTC/ETH
175 620 USD
0.02 %
140.
LTC/BTC
162 196 USD
0.02 %
141.
LTC/INR
158 639 USD
0.02 %
142.
LTC/TUSD
149 795 USD
0.02 %
143.
LTC/USDT
149 731 USD
0.02 %
144.
LTC/USDC
148 938 USD
0.02 %
145.
LTC/BTC
147 446 USD
0.02 %
146.
LTC/BTC
140 611 USD
0.01 %
147.
LTC/USD
140 509 USD
0.01 %
148.
LTC/GBP
139 014 USD
0.01 %
149.
LTC/HT
137 603 USD
0.01 %
150.
LTC/USDT
125 637 USD
0.01 %
151.
LTC/RUB
111 043 USD
0.01 %
152.
LTC/EUR
108 364 USD
0.01 %
153.
LTC/RUB
106 345 USD
0.01 %
154.
LTC/BUSD
105 431 USD
0.01 %
155.
LTC/ETH
103 324 USD
0.01 %
156.
LTC/BTC
101 793 USD
0.01 %
157.
LTC/BTC
101 793 USD
0.01 %
158.
LTC/BTC
101 793 USD
0.01 %
159.
LTC/GBP
87 917 USD
0.01 %
160.
LTC/PLN
83 369 USD
0.01 %
161.
LTC/USDT
81 848 USD
0.01 %
162.
LTC/ZAR
76 323 USD
0.01 %
163.
LTC/USDT
66 616 USD
0.01 %
164.
LTC/ETH
64 902 USD
0.01 %
165.
LTC/BTC
61 615 USD
0.01 %
166.
LTC/UQC
57 746 USD
0.01 %
167.
LTC/ETH
55 215 USD
0.01 %
168.
LTC/BNB
51 612 USD
0.01 %
169.
LTC/KCS
51 166 USD
0.01 %
170.
LTC/USDC
44 728 USD
0.00 %
171.
LTC/BTC
40 290 USD
0.00 %
172.
LTC/TUSD
34 575 USD
0.00 %
173.
LTC/ETH
34 079 USD
0.00 %
174.
LTC/CRO
27 567 USD
0.00 %
175.
LTC/BTC
26 280 USD
0.00 %
176.
LTC/BTC
24 942 USD
0.00 %
177.
LTC/USDC
24 444 USD
0.00 %
178.
LTC/USDC
21 466 USD
0.00 %
179.
LTC/BTC
20 657 USD
0.00 %
180.
LTC/EUR
18 976 USD
0.00 %
181.
LTC/WRX
18 829 USD
0.00 %
182.
LTC/UAH
17 233 USD
0.00 %
183.
LTC/EUR
15 023 USD
0.00 %
184.
LTC/BCH
12 900 USD
0.00 %
185.
LTC/AUD
10 955 USD
0.00 %
186.
LTC/BTC
10 505 USD
0.00 %
187.
LTC/BTC
9 321 USD
0.00 %
188.
LTC/BTC
8 209 USD
0.00 %
189.
LTC/USDT
7 973 USD
0.00 %
190.
LTC/UAH
7 364 USD
0.00 %
191.
LTC/BTC
6 628 USD
0.00 %
192.
LTC/ETH
5 732 USD
0.00 %
193.
LTC/ETH
5 519 USD
0.00 %
194.
LTC/BTC
4 942 USD
0.00 %
195.
LTC/ETH
4 210 USD
0.00 %
196.
LTC/ETH
4 210 USD
0.00 %
197.
LTC/USDT
3 652 USD
0.00 %
198.
LTC/BTC
2 550 USD
0.00 %
199.
LTC/GBP
2 163 USD
0.00 %
200.
LTC/ETH
2 003 USD
0.00 %
201.
LTC/ETH
2 003 USD
0.00 %
202.
LTC/BTC
1 811 USD
0.00 %
203.
LTC/ETH
1 672 USD
0.00 %
204.
LTC/EUR
1 650 USD
0.00 %
205.
LTC/JPY
784 USD
0.00 %
206.
808TA/LTC
744 USD
0.00 %
207.
LTC/DAI
333 USD
0.00 %
208.
LTC/ETH
255 USD
0.00 %
209.
SPIZ/LTC
56 USD
0.00 %
210.
LTC/BTC
28 USD
0.00 %
211.
LTC/EOS
13 USD
0.00 %
212.
LTC/TUSD
11 USD
0.00 %
213.
LTC/USD
8 USD
0.00 %
214.
LTC/BCH
7 USD
0.00 %
215.
LTC/BCH
7 USD
0.00 %
216.
ETNXP/LTC
0 USD
0.00 %
217.

ZBG ZBG

LTC/USDT
0.0 USD
0.0 %
218.
LTC/BCH
0.0 USD
0.0 %
219.
LTC/GBP
0.0 USD
0.0 %
220.
ZEC/LTC
0.0 USD
0.0 %

About Litecoin


Litecoin is a cryptographic payment system created in October 2011 on the basis of the Bitcoin code. Litecoin became the second altcoin (after Namecoin) and the third cryptocurrency in history. In the crypto community, it is conventionally called ‘digital silver’ by analogy with Bitcoin, which is deemed ‘digital gold.’

Litecoin project history

The founder of the project is Charles Lee. He published the source code of the core on 7 October 2011 and launched the distributed network on 13 October. Firstly, his network was less decentralized and secure but even then it stood out due to its increased scalability and fast transactions with minimum fees.

Charlie Lee advocates the ideas of Satoshi Nakamoto and promotes cryptocurrencies since day one. He did not strive to outrank or replace Bitcoin. His goal was to provide an alternative to the first cryptocurrency. Before his crypto project, Mr Lee worked as a software engineer in Guidewire Software (2003–2007) and in Google (2007–2013). While developing Litecoin at full blast, he was employed as an engineering manager by the Coinbase crypto exchange (2013–2017).

The project is officially owned by the Litecoin Foundation, which was a nonprofit organisation at first. Then in April 2017, the Foundation was registered in Singapore as a public company limited by guarantee. Charlie Lee is the managing director. Besides him, the board of directors includes Xinxi Wang, Alan Austin, and Zing Yang.

In December 2017, Charlie Lee sold his coin supply to avoid a conflict of interest and any influence on the litecoin price with the existing digital cash.

Litecoin cryptocurrency features

The payment system operates on the similarly-named coins — litecoins (on exchanges they received the LTC ticker). A litecoin is divided into 100 million fractions named litoshi.

Litecoin is very similar to Bitcoin: these systems have the same architecture and similar software code. Blockchains of both cryptocurrencies operate on the Proof-of-Work consensus algorithm. The difficulty of mining both coins is recalculated every 2016 blocks. The initial reward to miners was also the same — 50 coins per block.

However, Litecoin is not the Bitcoin’s branch because its blockchain did not separate from the parental one. Charlie Lee created it from scratch and borrowed only open source code and ideas. There were differences between cryptocurrencies from the start, and they multiplied over time:

Financial and technical parameters Litecoin Bitcoin
Issuance limitation 84 million LTC 21 million BTC
The time required to create a block and get the first transaction validated ~2.5 minutes ~10 minutes
Average commission for a transaction (in May 2020) 0.000290 LTC
(~$0.0129)
0.000569 BTC
(~$5.23)
Cryptographic hash function Scrypt SHA-256
The regular halving of reward Every 840 thousand blocks Every 210 thousand blocks
Current reward for a block 12.5 LTC
(from 5 August 2019)
6.25 BTC
(from 11 May 2020)
Average block size (in May 2020) 0.03 МБ 1.29 МБ
Blockchain size (in May 2020) 25.30 ГБ 277.90 ГБ

 

At first, litecoin addresses began with letter L or number 3. Since April 2017, after SegWit was activated, instead of the addresses with prefix 3, addresses with letter M came into use (they are now preferred). Some blockchain explorers or third-party wallets still support the old format with number 3. If the old address is not accepted somewhere, it can be converted to the new format via a P2SH converter.

The development team created the official wallet — Litecoin Core. This is full-fledged client software available for Windows, Linux, and macOS. There is simplified software — Electrum Litecoin, also for these three operating systems.

Litecoin price dynamics

Until the summer of 2012, early miners exchanged LTC coins only for BTC and less often for NMC, because there were no other cryptocurrencies. They had over-the-counter deals, and not through marketplaces but by personal agreement on forums. The first exchange rate was mentioned in April 2012: 1 LTC for 0.001 BTC. If you consider that BTC was already at 5.50 US dollars, then in terms of fiat, LTC was worth 0.000182 US dollars. In July 2012, LTC was listed on exchanges, where the first price was formed at 0.0325 US dollars.

LTC’s ups and downs in 2013–2018

Chronology of strong trends with a significant increase or decrease in the LTC price, which led to year’s highs and lows:

  • The year 2013. During a flat period on 23 October, a low was set at 1.70 USD. From 18 November to 5 December: 4.13 USD ⤴ 44.53 USD (a high). From 11 to 19 December: 36.29 USD ⤵ 13.43 USD.
  • The year 2014. From 1 to 7 January: 24.35 USD ⤴ 29.24 USD (a high). From 12 January to 3 March: 27.05 USD ⤵ 12.78 USD. During a flat period on 29 December, a low was set at 2.69 USD.
  • The year 2015. From 1 to 14 January: 2.70 USD ⤵ an all-time low of 1.16 USD. From 15 June to 9 July: 2.02 USD ⤴ 7.54 USD (a high).
  • The year 2016. From 7 to 15 January: 3.60 USD ⤵ 3.00 USD (a low). From 23 April to 16 June: 3.33 USD ⤴ 5.66 USD (a high).
  • The year 2017. During a flat period on 25 January, a low was set at 3.71 USD. From 24 November to 18 December: 77.97 ⤴ an all-time high of 358.34 USD. From 19 to 30 December: 350.25 USD ⤵ 218.96 USD.
  • The year 2018. From 1 to 6 January: 229.03 USD ⤴ 296.45 USD (a high). From 7 January to 5 February: 288.45 USD ⤵ 125.33 USD. From 6 November to 14 December: 55.95 USD ⤵ 23.46 USD (a low).

LTC price changes in 2019

On 13 January, while being in flat, LTC set a low of 30.33 USD, which it no longer approached in a year. Then for 2019, the Litecoin chart showed four notable trends:

  1. 📈 An uptrend from 7 February to 6 April: the price rose from 33.22 to 92.57 USD.
  2. 📈 An uptrend from 29 April to 22 June: the price rose from 67.96 to 141.90 USD, a high of the year.
  3. 📉 A downtrend from 23 June to 24 September: the price fell from 136.88 to 55.82 USD.
  4. 📉 A downtrend from 10 November to 17 December: the price fell from 63.84 to 37.08 USD.

The first uptrend happened because Charlie Lee made a promise to integrate MimbleWimble in 2019 and due to negotiations with the protocol developers. It had started before BTC went out of flat in April and gave a boost to altcoin prices, although LTC made a U-turn in the same month. In May and June, bulls started a rally on the market, and LTC participated there as well, which became the second uptrend.

The growth cannot last forever, so in late June it was replaced with correction, followed by a downtrend. An attempt to make a U-turn before halving in early August was unsuccessful. In late October, again thanks to the news about MimbleWimble, the price tried to recover for two weeks but could not consolidate and went down.

2020 litecoin prediction and prospects

In early January, analyst Tone Vays whipped up the tension with his prediction that Bitcoin will ‘kill’ Litecoin and even Ethereum in the course of 2020. However, the market showed the opposite situation: an altseason was obvious, and altcoins grew more than the main coin. The uptrend was the same for each coin — from 2 January to 14 February. During that period, litecoin went up from 39.82 to 82.99 US dollars, its increase was 108.4%. In stark contrast, bitcoin showed only 47.6% of increase.

Then a common downtrend happened, followed by the market crash due to a crisis. That period was also synchronously similar — from 15 February to 12 March, because altcoins followed bitcoin. Thus, litecoin went down from 76.51 to 30.93 US dollars (59.6% of decrease), which is currently the year’s bottom.

The crisis also does not last forever, so the market began to recover as early as 19 March. However, this process was difficult for litecoin: in a month, by 19 April, its price changed from 39.07 to 42.63 US dollars (only by 9.1%). Then litecoin went flat, and bitcoin continued its recovery. As a result, in two post-crisis months (19 March — 19 May), the ‘silver’ coin went up by 15.6%, and the ‘gold’ one by 56.9%. It looks like the prediction of Tone Vays is coming true, even though it is vague.

For comparison, here are the accurate LTC price predictions for 2020 from agencies regularly doing technical analysis:

Analysts August 2020 October 2020 December 2020
Digital Coin Price $61.75 $54.16 $55.76
Long Forecast (EFA) $38.57 $32.80 $34.30
Trading Beasts $38.59 $37.61 $36.30
Wallet Investor $26.89 $15.81 $36.60

 

Litecoin roadmap

The official roadmap is temporarily unavailable. In 2016–2017, the team published it on a separate website but then abandoned it, and now there is some kind of empty blog. So, we will create a simple map of past and announced upcoming significant events.

  • 25 August 2015: the first halving — reduction of reward for a block from 50 to 25 LTC.
  • 2 January 2016: the creation of LoafWallet, a mobile wallet for iOS (based on the Bread Wallet code).
  • 26 April 2017: a protocol update — Segregated Witness soft fork aimed to improve scalability and raise the block size limit up to 4 MB.
  • 10 May 2017: final activation of Segregated Witness and the first SegWit transaction for 0.05 LTC.
  • 5 November 2018: sale launch for LTC coin from the litecoin.com commercial website with the support of the Simplex provider.
  • 25 January 2019: slight rebranding of the project by changing a logo and vision.
  • 5 August 2019: the second halving — reduction of reward for a block from 25 to 12.5 LTC.
  • 23 October 2019: two proposals for improving the Litecoin protocol (LIP-0002 and LIP-0003) by integrating MimbleWimble to ensure the privacy of LTC transactions.
  • 30 October 2019: rebranding of the LoafWallet mobile wallet and update under the Litewallet brand.
  • 4 May 2020: launch of a testnet with integrated protocol MimbleWimble.
  • Summer 2020: MimbleWimble extension will be available in the mainnet. Litecoin will be considered an optional anonymous cryptocurrency.

Litecoin Foundation achievements

Like the stages on the roadmap, these events also affected the litecoin exchange rate to the US dollar:

  • 10 July 2018: the acquisition of 9.9% of stocks in WEG Bank AG from its owner, TokenPay Swiss AG.
  • 14–15 September 2018: Litecoin Summit 2018 in San Francisco, CA.
  • 29–30 December 2018: sponsoring the UFC 232 title fight — Jon Jones vs Alexander Gustafsson, which took place in Inglewood, CA.
  • 7–11 February 2019: sponsoring the annual Mammoth Film Festival in Mammoth Lakes, CA.
  • 19 October 2019: sponsoring the San Diego International Film Festival in San Diego, CA.
  • 28–29 October 2019: Litecoin Summit 2019 in Las Vegas as a part of the Vegas Blockchain Week.

The user’s USD wallet in personal account is a simulation wallet. Buying and selling coins in indices, gains or losses thereon are a virtual simulation. We are not able to conduct any transactions with real currency. *Partnership service Coin-cap.pro does not offer the service of buying or selling cryptocurrencies.