$LTC Litecoin (LTC) experienced a significant decline of 5.8%, dropping to $128, making it the worst performer among the top 100 cryptocurrencies by market capitalization.
Litecoin was launched in 2011 as a direct competitor to Bitcoin, promising low-cost, and high-speed transactions to make it a cryptocurrency that could undertake point-of-sale transactions and microtransactions. Created from a fork in Bitcoin’s blockchain, founder Charlie Lee labeled Litecoin as a “lite version of Bitcoin” and “silver to Bitcoin’s gold.” Litecoin uses a proof-of-work consensus method and has halving events every four years just like Bitcoin, however its supply is slightly higher than BTC, totalling 84m LTC.
Market capitalization
10.28 B USD
Fully diluted market cap
11.42 B USD
Trading volume 24h
1.65 B USD
Volume / Market Cap
0.1646
All time high
420.00 USD
Circulating supply
75.56 M
Max supply
84.00 M
Total supply
84.00 M
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LTCUSD
136.39
USD
+5.50
+4.20%
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Litecoin
LTCUSDCoinbase
Market open
136.39USD
+5.50
+4.20%
As of today at 18:16 GMT+5
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French banking giant Societe Generale’s crypto subsidiary Societe Generale-FORGE (SG-FORGE) has launched its MiCA-compliant EUR-backed stablecoin EUR CoinVertible (EURCV) on the Stellar network.
The stablecoin is backed by Euros and issued on the Ethereum public blockchain. It’s also one of the first Euro stablecoins to fully comply with the EU’s Markets in Crypto-Assets (MiCA) regulations.
to the press release, this expansion merges the MiCA regulatory assurance with Stellar’s blockchain infrastructure. Thanks to both the extension and the regulatory compliance, the company provides a secure, scalable, and transparent product.
