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Market stats

Market cap


Volume (24h)


Circulating supply

73.9M LTC

Typical hold time

49 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


About Litecoin

Litecoin is a cryptocurrency that uses a faster payment confirmation schedule and a different cryptographic algorithm than Bitcoin.


What is Litecoin?

Litecoin (LTC) is a peer-to-peer cryptocurrency that strives to provide fast and low-cost payments by leveraging the unique properties of blockchain technology. It was created in 2011 by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin," featuring many of the same properties as Bitcoin but lighter in weight. Litecoin was actually created as a fork of Bitcoin. A fork happens whenever a community makes a change to the blockchain's protocol or basic set of rules. Forks creates a second blockchain that shares all of its history with the original but is headed off in a new direction. It differs in terms of the hashing algorithm used, hard cap, block transaction times, and a few other factors. With a block time of just 2.5 minutes and low transaction fees compared to other blockchains, Litecoin aims to be suitable for micro-transactions and point-of-sale payments.

How does Litecoin work?

Litecoin operates on a blockchain-based system. Like Bitcoin and several other cryptocurrencies, Litecoin uses the Proof of Work (PoW) consensus algorithm to aim to confirm transactions quickly and without errors. The combined strength of the Litecoin mining network prevents double-spends and a range of other attacks while aiming to maintain network uptime. As of November 2023, 73.9 million LTC have already been mined out of a total maximum supply of 84 million.

What are the potential use cases for Litecoin?

Litecoin seeks to be accepted by a wide range of merchants, with over 2,000 merchants and stores accepting LTC across the globe as of January 2021. Litecoin's pursuit of speed and cost-effectiveness positions it as an alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support. In late 2020, Litecoin also saw the release of the MimbleWimble (MW) testnet, which is used to test MimbleWimble-based confidential transactions on Litecoin. Officially deployed on Litecoin's block height of 2,257,920, this feature aimed to make Litecoin's users benefit from improved privacy and fungibility.

What is the history of Litecoin?

Litecoin was created by Charlie Lee, a former Google employee, who intended Litecoin to be a "lite version of Bitcoin", and was released via an open-source client on GitHub on Oct. 7, 2011. The Litecoin Network went live five days later on Oct. 13, 2011. Since then, it has seen an increase in usage and acceptance among merchants and has counted among the top ten cryptocurrencies by market capitalization for most of its existence. Today, Charlie Lee supports the use 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.

What is Litecoin used for?

Like Bitcoin, Litecoin is a digital currency that can be used to buy things at places where it's accepted and to transfer funds between accounts.

What's the difference between Litecoin and Bitcoin?

As a fork of Bitcoin, Litecoin did not aim to change the fundamental logic or architecture – being nearly identical to Bitcoin in terms of use and design — but with a reduced transaction confirmation time and lower cost (as much as 50 times lower, depending on market conditions). Litecoin's speed and relatively low fees make it appealing as a payment option, and means of transferring value, but the network has significantly fewer miners than Bitcoin, which could have an impact on the overall security of the network.

How many Litecoins are there?

Like Bitcoin, Litecoin has a fixed supply: there will only ever be 84 million LTC.

How do you mine Litecoin?

Specialized computers known as 'mining rigs' perform the equations required to verify and record a new Litecoin transaction. In the early days, a typical desktop PC was powerful enough to participate, allowing pretty much anyone curious to try their hand at mining. These days, the computers required are massive, specialized, and often owned by businesses or large numbers of individuals pooling their resources.

Where can I buy Litecoin?

You can buy Litecoin through several crypto exchanges, including Coinbase.

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Some highlights about Litecoin on social media

429 unique individuals are talking about Litecoin and it is ranked #28 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Litecoin has an average sentiment score of 3 out of 5. Finally, Litecoin is becoming less newsworthy, with 4 news articles published about Litecoin. This is a 100% decrease in news volume compared to yesterday.

On Twitter, people are mostly neutral about Litecoin. There were 35.85% of tweets with bullish sentiment compared to 7.03% of tweets with a bearish sentiment about Litecoin. 57.12% of tweets were neutral about Litecoin. These sentiments are based on 583 tweets.

On Reddit, Litecoin was mentioned in 0 Reddit posts and there were 0 comments about Litecoin. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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429 people


825 posts



Volume rank


Average Sentiment

3 out of 5

News Articles



Coinbase Bytes

Coinbase Bytes

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Litecoin is on the rise this week.

The price of Litecoin has risen by 4.92% in the past 7 days. The price declined by 2.17% in the last 24 hours. In just the past hour, the price grew by 0.15%. The current price is $72.13 per LTC. Litecoin is 82.53% below the all time high of $412.96.

The current circulating supply is 73,946,976.598 LTC.


What is the current price of Litecoin?

We update our Litecoin to USD currency in real-time. Get the live price of Litecoin on Coinbase.

What is the market cap of Litecoin?

The current market cap of Litecoin is $5.32B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Litecoin?

The all-time high of Litecoin is $412.96. This all-time high is highest price paid for Litecoin since it was launched.

What is the 24 hour trading volume of Litecoin?

Over the last 24 hours, the trading volume of Litecoin is $392.64M.

What other assets are similar to Litecoin?

Assets that have a similar market cap to Litecoin include Chainlink, Toncoin, Avalanche, and many others. To see a full list, see our comparable market cap assets.

How many Litecoin are there?

The current circulating supply of Litecoin is 74 million.

What is the typical holding time of Litecoin?

The median time that Coinbase customers hold Litecoin before selling it or sending it to another account or address is 49 days.

What is the relative popularity of Litecoin?

Litecoin ranks 11 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Litecoin?

Currently, 98% of Coinbase users are buying Litecoin. In other words, 98% of Coinbase customers have increased their net position in Litecoin over the past 24 hours through trading.

Can I buy Litecoin on Coinbase?

Yes, Litecoin is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Litecoin guide.

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