$LTC

At $134.56, the price of Litecoin (LTC) is up 3.30% in the last 24 hours ¹. Its market capitalization has moved to $10.16 billion and is now ranked as the 15th largest cryptocurrency with respect to market cap.

Litecoin's price has been on a rollercoaster ride, with an all-time high of $412.96 in May 2021 and an all-time low of $1.11 in January 2015 ¹. Its current price is a significant drop from its all-time high, but it's still considered a popular and widely-used cryptocurrency.

*What is Litecoin?*

Litecoin is a peer-to-peer cryptocurrency and open-source software project similar to Bitcoin. It was created by Charlie Lee, a former Google employee, in 2011 ². Litecoin's primary goal is to provide fast, secure, and low-cost payments, making it an attractive option for micro-transactions and point-of-sale payments.

*Key Features of Litecoin*

- *Faster Transaction Time*: Litecoin's block time is 2.5 minutes, which is significantly faster than Bitcoin's 10 minutes ¹.

- *Lower Transaction Fees*: Litecoin's transaction fees are lower than Bitcoin's, making it a more cost-effective option for small transactions ¹.

- *Increased Supply*: Litecoin has a maximum supply of 84 million coins, which is four times the maximum supply of Bitcoin ².

*Investing in Litecoin*

If you're considering investing in Litecoin, here are a few things to keep in mind:

- *Volatility*: Litecoin's price can be highly volatile, so it's essential to do your research and set clear goals before investing.

- *Market Sentiment*: Keep an eye on market sentiment and trends to make informed investment decisions.

- *Security*: Make sure to store your Litecoin in a secure wallet to protect it from hacking and theft.

Overall, Litecoin is a well-established cryptocurrency with a strong reputation and a wide range of use cases. Its current price of $134.56 reflects its value in the market, and it's definitely worth keeping an eye on for investors and cryptocurrency enthusiasts.