$LTC is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin, Litecoin was among the earliest altcoins, starting in October 2011.

Differences from Bitcoin

Litecoin is different in some ways from Bitcoin:

The targeted block time is every 2.5 minutes for Litecoin, as opposed to Bitcoin's 10 minutes. This allows Litecoin to confirm transactions four times faster than Bitcoin.

Litecoin is merge mined with another prominent cryptocurrency, Dogecoin.

Litecoin has a maximum circulating supply of Ł84,000,000, which is four times larger than Bitcoin's maximum circulating supply of ₿21,000,000.

According to our current Litecoin price prediction, the price of Litecoin is predicted to drop by -14.51% and reach $ 110.09 by March 22, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 49 (Neutral). Litecoin recorded 17/30 (57%) green days with 8.18% price volatility over the last 30 days. Based on the Litecoin forecast, it's now a good time to buy Litecoin