LTC

Litecoin · USDT-Perp · Infrastructure

$59.74+4.66% 24h·Mcap $4.77B · #21·Data via BINANCE

BINANCEOKXBYBITMEXCHTXGATEIOLive

Price

Conviction™ · master

Watch · 45 conviction

Mixed — wait for confirmation

Classification

Watch

Trend · 30 scans

↓ -7

Model

PyreFi v1

Indicators™ · live read-outproprietary model

Pulse^™

Weak — momentum and trend not aligned

Token Market Data

Price$59.74

24h Change+4.66%

Open (24h)$56.86

High (24h)$60.46

Low (24h)$56.82

Market Cap$4.77B

FDV$5.16B

Volume 24h$18M

Rank#21

Supply · Circ.77.72M

Supply · Total84.00M

Supply · Max84.00M

About

Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens. The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols. Key technical features include the Scrypt hashing algorithm, which promotes wider network participation, and MimbleWimble Extension Blocks, which improve user privacy by allowing transaction details to be hidden. The LTC token is used for settling global payments, executing microtransactions through smaller units called litoshis, and diversifying digital portfolios with a highly liquid asset. New tokens are issued to miners as rewards for verifying blocks, though these rewards undergo a halving event approximately every four years to strictly control inflation. This process ensures the ledger maintains immutability, meaning records cannot be changed once they are saved to the global network. Created by former Google engineer Charlie Lee, the project is supported by the Litecoin Foundation, a non-profit organization dedicated to ecosystem adoption. Unlike many venture-backed projects, it is maintained by a decentralized community of independent developers and a global network of miners. The project has seen recent institutional adoption, with entities like Lite Strategy and Luxxfolio Holdings adding significant amounts of LTC to their corporate treasuries as of late 2025.

InfrastructureSmart Contract PlatformLayer 1 (L1)Proof of Work (PoW)GMCI 30 IndexGMCI IndexMade in USACoinbase 50 IndexPrivacy