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Litecoin Price
Litecoin price

Litecoin priceLTC

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$56.8USD
-4.64%1D
The price of Litecoin (LTC) in United States Dollar is $56.8 USD.

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Litecoin/USD live price chart (LTC/USD)
Last updated as of 2026-02-02 03:53:52(UTC+0)

Litecoin market info

Price performance (24h)
24h
24h low $56.7224h high $59.76
All-time high (ATH):
$412.96
Price change (24h):
-4.64%
Price change (7D):
-15.68%
Price change (1Y):
-50.35%
Market ranking:
#22
Market cap:
$4,362,075,594.96
Fully diluted market cap:
$4,362,075,594.96
Volume (24h):
$530,737,982.78
Circulating supply:
76.80M LTC
Max supply:
84.00M LTC
Total supply:
84.00M LTC
Circulation rate:
91%
Contracts:
0x4338...ab0db94(BNB Smart Chain (BEP20))
Moremore
Links:
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Live Litecoin price today in USD

The live Litecoin price today is $56.8 USD, with a current market cap of $4.36B. The Litecoin price is down by 4.64% in the last 24 hours, and the 24-hour trading volume is $530.74M. The LTC/USD (Litecoin to USD) conversion rate is updated in real time.
How much is 1 Litecoin worth in United States Dollar?
As of now, the Litecoin (LTC) price in United States Dollar is valued at $56.8 USD. You can buy 1LTC for $56.8 now, you can buy 0.1761 LTC for $10 now. In the last 24 hours, the highest LTC to USD price is $59.76 USD, and the lowest LTC to USD price is $56.72 USD.

Do you think the price of Litecoin will rise or fall today?

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Voting data updates every 24 hours. It reflects community predictions on Litecoin's price trend and should not be considered investment advice.
The following information is included:Litecoin price prediction, Litecoin project introduction, development history, and more. Keep reading to gain a deeper understanding of Litecoin.

Litecoin price prediction

When is a good time to buy LTC? Should I buy or sell LTC now?

When deciding whether to buy or sell LTC, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget LTC technical analysis can provide you with a reference for trading.
According to the LTC 4h technical analysis, the trading signal is Strong sell.
According to the LTC 1d technical analysis, the trading signal is Strong sell.
According to the LTC 1w technical analysis, the trading signal is Strong sell.

What will the price of LTC be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Litecoin(LTC) is expected to reach $63.74; based on the predicted price for this year, the cumulative return on investment of investing and holding Litecoin until the end of 2027 will reach +5%. For more details, check out the Litecoin price predictions for 2026, 2027, 2030-2050.

What will the price of LTC be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Litecoin(LTC) is expected to reach $73.79; based on the predicted price for this year, the cumulative return on investment of investing and holding Litecoin until the end of 2030 will reach 21.55%. For more details, check out the Litecoin price predictions for 2026, 2027, 2030-2050.

About Litecoin (LTC)

What Is Litecoin?

Litecoin (LTC) is a decentralized open-source blockchain and is widely considered the first successful alternative coin in the market. Created in 2011 by Charlie Lee, a former Google engineer, Litecoin was designed as silver to Bitcoin's gold. While sharing similar traits, Litecoin stands out with its faster block generation times (2.5 minutes compared to Bitcoin's 10 minutes) and unique mining algorithm, Scrypt.

Litecoin was conceived as a hard fork from Bitcoin, explicitly designed to address and rectify the perceived limitations of the original cryptocurrency. Its key distinguishing characteristics include:

- A fair launch,

- A reduced block generation time,

- A increased total token supply,

- A unique hashing algorithm, and

- A distinct Graphic User Interface (GUI).

Resources

Official website: https://litecoin.org/

How Does Litecoin Work?

Blockchain and Mining

Litecoin operates using blockchain technology, which is a decentralized ledger kept up by "miners". In the context of Litecoin, mining refers to the process by which transactions are verified and added to the public blockchain ledger.

When a transaction occurs, it is grouped with others into a 'block'. Miners then verify these blocks by solving complex mathematical problems. The first miner to solve the problem gets to add the block of transactions to the existing chain of blocks, hence the term 'blockchain'. This miner is rewarded with newly created Litecoins. This mining process not only rewards miners but also serves to secure the network and verify transactions.

Scrypt Algorithm

One key difference between Litecoin and Bitcoin is the cryptographic algorithm they use to mine new coins. Litecoin uses a memory-intensive algorithm known as Scrypt, whereas Bitcoin uses a processing-intensive algorithm known as SHA-256.

Scrypt was chosen by Charlie Lee to make Litecoin mining more accessible to individuals by allowing them to use consumer-grade hardware like GPUs rather than the more expensive, specialized hardware required by Bitcoin’s SHA-256. This feature makes Litecoin more democratized and less susceptible to being monopolized by mining pools.

Faster Transaction Speeds

Litecoin's block generation time is approximately 2.5 minutes, which is four times faster than Bitcoin's 10 minutes. This shorter block generation time allows for faster transaction confirmations. It's an aspect that makes Litecoin an attractive option for merchants and customers who seek faster transaction times.

Finite Supply

Just like Bitcoin, Litecoin has a finite supply. The maximum number of Litecoins that can ever exist is 84 million, which is four times greater than the total supply of Bitcoin. As of July 2023, over 73 million Litecoins had already been mined

2023 Litecoin Halving

Litecoin halving event is rooted in the principles of scarcity and gradual reduction of block rewards. When Litecoin was first created, miners were rewarded with 50 LTC for every block they mined. Every 840,000 blocks — approximately every four years — this reward halves. In 2019, the reward decreased from 25 to 12.5 LTC, and in the upcoming 2023 halving, it will reduce further to 6.25 LTC.

This reduction process, known as "halving," is a deflationary mechanism. It effectively controls the rate at which new Litecoins enter the market, making the digital asset scarcer over time. The upcoming halving in 2023 will reduce the annual Litecoin inflation rate from around 4% to approximately 2%.

What Determines Litecoin's Price?

Understanding what determines the Litecoin price involves a multi-faceted approach that considers various market dynamics and indicators. One of the most significant factors affecting the current Litecoin price is the concept of "halving," a pre-programmed event in the Litecoin blockchain that reduces the mining rewards by half. This event, which occurs approximately every four years, impacts the Litecoin market cap and has historically led to volatile price movements in LTC to USD rates.

For example, Litecoin's price history shows that the price had dropped for months after each of its prior two halvings but also saw significant rallies leading up to these events. Halving effectively reduces the amount of new Litecoin supply, affecting its price and its conversion rate to USD.

Technical indicators also play a crucial role in Litecoin price prediction. Traders often use tools like the Relative Strength Index (RSI), Moving Averages, and the MACD to analyze the Litecoin price chart. These indicators help in identifying Litecoin's support and resistance levels and provide insights into market supply and demand. An RSI reading above 50, for instance, usually indicates bullish momentum in the Litecoin value, while readings below 50 suggest a bearish trend.

Market sentiment and external factors can also influence the Litecoin price today. Events like Litecoin's listing on new cryptocurrency exchanges or the filing of Bitcoin ETFs by major financial institutions can give Litecoin and other crypto assets a boost. Furthermore, Litecoin price live updates are closely monitored by traders who use various time frames to determine long-term, intermediate, and short-term trends.

The Litecoin price forecast is a complex interplay between internal blockchain events like halving, technical indicators, and external market factors. Keeping an eye on these elements can help you make an informed Litecoin price analysis and offer a more accurate Litecoin price prediction. By monitoring the Litecoin price history and its current price, you'll be better equipped to make sound investment decisions.

Conclusion

Litecoin, as a pioneering altcoin, offers innovations like rapid transaction times and the unique Scrypt algorithm. Its distinctive features have enhanced decentralization, accessibility, and security within the crypto space. With its upcoming halving in 2023 set to induce scarcity, Litecoin's market dynamics will be intriguing to watch. As we further embrace the digital era, Litecoin's role in facilitating efficient transactions globally remains vital. In essence, Litecoin continues to uphold its creator's vision - serving as 'the silver to Bitcoin's gold'.

Related Articles about Litecoin

What is Litecoin (LTC)?

Understanding the 2023 Litecoin Halving: An In-depth Analysis

Blockchain 101: LTC vs. BTC vs. ETH: What Sets Them Apart?

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Bitget Insights

SALEEM-JAVEDKHAN
SALEEM-JAVEDKHAN
9h
I will start spot buying in steps using an onion strategy for the next 8-14 months. I will focus on strong projects: BTC, ETH, SOL, AAVE, LINK, SUI, XRP, ENA, ETHFI, LTC, ETC, AVAX, TAO, UNI, along with 8–12 high-risk projects. The PNL target is 1–5$ million, if the market provides opportunities for DCA on dips. ⚠️ *Disclaimer*: This post is for educational purposes only. It is not financial advice. Trading is a high-risk market, make your own decisions at your own responsibility.
LINK-0.65%
BTC-1.19%
CryptoETH
CryptoETH
9h
Top Cryptocurrencies Being Accumulated by Whales – February 1, 2026 On-chain data and recent wallet movements indicate that cryptocurrency whales (large investors) are actively accumulating several digital assets, taking advantage of market dips and low volatility in anticipation of future price movements. 🟡 Bitcoin (BTC) Bitcoin remains the top choice for whales, with significant amounts being moved from exchanges to private wallets, signaling continued long-term confidence. 🟠 Ethereum (ETH) Large wallets continue to increase their ETH holdings, supported by its central role in DeFi projects and smart contract ecosystems. 🔵 XRP XRP has seen major whale activity, with reduced exchange supply reflecting selective accumulation ahead of potential regulatory or institutional developments. 🐶 Dogecoin (DOGE) Despite being a community-focused coin, data shows whales accumulating DOGE during market lulls, leveraging its fast recovery potential. 🟢 Bitcoin Cash (BCH) BCH is witnessing increasing whale accumulation, coinciding with its use in payments and lower transaction fees compared to some other networks. 🔗 Chainlink (LINK) Significant LINK withdrawals from public trading indicate whales’ interest in blockchain infrastructure and oracle projects. ⚪ Litecoin (LTC) Litecoin continues to be quietly accumulated by whales, particularly by investors favoring older digital assets with relative stability and liquidity. 📌 Summary Whale accumulation doesn’t guarantee immediate price spikes but reflects long-term confidence and potential future market moves. Tracking these movements provides key insights into crypto market
LINK-0.65%
BTC-1.19%
BGUSER-UJWA6T5J
BGUSER-UJWA6T5J
10h
$LTC for those who think ltc will recover soon for your information its impossible for ltc to recover 30-40% from this month to next 3-6 months it history show you so move one
LTC-0.46%
ProvideFutureSignal
ProvideFutureSignal
1d
selling pressure easing, rebound structure forming Long $LTC /USDT Entry: 57.8 – 58.4 SL: 56.4 TP1: 60.2 TP2: 62.0 TP3: 65.5 Analysis: After a sharp sell-off, LTC reacted strongly from the 56.5 support zone, indicating buyer interest. Price is now forming a short-term base, with selling pressure slowing down. Long lower wicks and a volume reaction suggest absorption at lows. As long as price holds above 56.4, the structure favors a relief bounce toward higher resistance levels.
LTC-0.46%

LTC/USD price calculator

LTC
USD
1 LTC = 56.8 USD. The current price of converting 1 Litecoin (LTC) to USD is 56.8. This rate is for reference only.
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LTC resources

Litecoin rating
4.6
102 ratings

Tags

Mineable
PoW
Scrypt
Medium of Exchange
Moremore
Contracts:
0x4338...ab0db94(BNB Smart Chain (BEP20))
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Links:

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What is Litecoin and how does Litecoin work?

Litecoin is a popular cryptocurrency. As a peer-to-peer decentralized currency, anyone can store, send, and receive Litecoin without the need for centralized authority like banks, financial institutions, or other intermediaries.
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FAQ

What is the primary purpose of the Litecoin token (LTC)?

Litecoin was developed with the vision of being a decentralized digital currency, facilitating peer-to-peer transactions without intermediaries. Its design ensures faster transaction confirmations and greater storage efficiency than Bitcoin. Further emphasizing its use for daily transactions and microtransactions, Litecoin aims to offer a secure and economical means for global money transfer.

How is Litecoin (LTC) different from Bitcoin?

While Litecoin is based on the Bitcoin protocol, there are several key differences: - Hashing Algorithm: Litecoin uses Scrypt, while Bitcoin uses SHA-256. This difference impacts the kind of hardware that's most effective for mining the coin. - Block Generation Time: Litecoin has a faster block generation time, approximately 2.5 minutes, compared to Bitcoin's 10 minutes. This leads to faster transaction confirmations. - Total Supply: The total number of Litecoins that will ever be created is 84 million, which is four times the total supply of Bitcoin (21 million).

What is Litecoin (LTC) halving?

Approximately every four years or after 840,000 blocks, the Litecoin network undergoes a halving event. This means that the rewards miners receive for securing the network and verifying transactions drop by 50%. By emulating the scarcity of resources like gold, halving aims to maintain Litecoin's purchasing power and potentially appreciate its long-term value. The latest Litecoin halving took place in August 2023.

Can I mine Litecoin (LTC)?

Yes, you can mine Litecoin. Litecoin mining is the process by which new Litecoins are introduced into circulation and involves solving complex mathematical problems to verify and add transactions to the blockchain. There are two primary methods for mining: solo, where you mine on your own, and pool mining, where you collaborate with other miners to solve blocks. The choice of hardware also matters; ASIC (Application-Specific Integrated Circuit) miners are the most efficient for Litecoin mining, but GPUs (graphics cards) can also be utilized, albeit with lower profitability. However, several factors influence mining profitability, such as electricity costs, the price of Litecoin, and your hardware's efficiency. High electricity costs can particularly impact earnings. Before delving into mining, it's essential to calculate potential profits, considering all expenses. Additionally, ensuring the security of both your mining setup and your earned coins is crucial to protect your investment and rewards.

How do I store Litecoin (LTC)?

Litecoin can be stored in various types of wallets: - Hardware Wallets: Physical devices that store cryptocurrency offline. Examples include the Ledger Nano S and Trezor. - Software Wallets: Programs or applications you install on your computer or smartphone. Litecoin's official wallet, Litecoin Core, is an example. - Paper Wallets: Physical documents that contain your Litecoin public and private keys. -Web Wallets: Online services where you can create and manage your Litecoin wallets, but they might be riskier due to potential vulnerabilities on the web.

Is Litecoin's value tied to Bitcoin's value?

While Litecoin operates independently of Bitcoin, their prices often move in tandem due to the interconnected nature of the cryptocurrency market. Many investors and traders view Bitcoin as a benchmark for the entire sector. When Bitcoin experiences significant price movements, it can influence the sentiment and flow of capital within the entire crypto ecosystem, impacting altcoins like Litecoin.

What is the current price of Litecoin?

The current price of Litecoin can be checked on various platforms, including Bitget Exchange, which provides real-time price updates.

What factors influence the price of Litecoin?

Factors that influence the price of Litecoin include market demand, network developments, regulatory news, and overall market sentiment.

Has Litecoin's price been volatile recently?

Yes, Litecoin's price has experienced volatility recently, typical of cryptocurrency markets. You can monitor these fluctuations on Bitget Exchange.

Where can I buy Litecoin?

You can buy Litecoin on several exchanges, including Bitget Exchange, which offers a user-friendly platform for purchasing and trading the coin.

What is the price prediction for Litecoin for the next year?

Price predictions for Litecoin can vary widely among analysts. It's advisable to conduct your own research and consider expert opinions, which you can find on financial news platforms.

How does Litecoin's price compare to Bitcoin?

Litecoin's price is generally lower than Bitcoin, but it is often seen as a complement to Bitcoin due to its faster transaction times. Current comparisons can be made on Bitget Exchange.

What are the historical price trends for Litecoin?

Historical price trends for Litecoin show periods of significant growth and decline. You can analyze these trends using charts available on Bitget Exchange.

Is it a good time to invest in Litecoin?

Whether it's a good time to invest in Litecoin depends on your personal financial situation and market analysis. Be sure to review the current market conditions on Bitget Exchange.

What is the all-time high price of Litecoin?

Litecoin reached its all-time high price in December 2017, but you should check current price charts for the most accurate historical data, which can also be found on Bitget Exchange.

How do market trends affect Litecoin's price?

Market trends, including investor interest and major market movements, have a significant impact on Litecoin's price. Monitoring these trends on Bitget Exchange can provide valuable insights.

What is the current price of Litecoin?

The live price of Litecoin is $56.8 per (LTC/USD) with a current market cap of $4,362,075,594.96 USD. Litecoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Litecoin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Litecoin?

Over the last 24 hours, the trading volume of Litecoin is $530.74M.

What is the all-time high of Litecoin?

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

Can I buy Litecoin on Bitget?

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

Can I get a steady income from investing in Litecoin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Litecoin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

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