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Litecoin (Abbreviation: LTC; sign: Ł) 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. [4] [5] In technical details, the Litecoin main chain shares a slightly modified Bitcoin codebase.
Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. [1]The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size.
Litecoin is a peer-to-peer cryptocurrency and open-source software project. A cryptocurrency is a digital “coin” that acts similarly to a traditional fiat currency.
Litecoin. Much like Cardano, Litecoin (CRYPTO: LTC) is trading well below its all-time high. At a current price of $116, Litecoin is trading 72% below its all-time high of $413. That could be a ...
In October 2011, he released Litecoin on Bitcointalk. [7] He had written the blockchain technology based on Bitcoin in his spare time while employed at Google. He released Litecoin to the public after mining only 150 coins. [5] Lee has stated that he did not intend to compete with Bitcoin but meant Litecoin to be used for smaller transactions. [6]
The site’s litecoin price prediction is that it will drop, losing over 6% of its value by December 2022. The site expect litecoin to finish the year selling at $55.80.
Price broke above the November 2013 high of $1,242 [197] and then traded above $1,290. [198] 20 May 2017 $2,000 : Price reached a new high, reaching $1,402.03 on 1 May 2017, and over $1,800 on 11 May 2017. [199] On 20 May 2017, the price passed $2,000 for the first time. 1 September 2017 $5,014: Price broke $5,000 for the first time. [citation ...
That’s a drop of over 41 percent in less than a month. After posting a 2019 high of $146 on June 22nd, Litecoin has plunged to a low of $84.88 on July 15th. Litecoin Price May Crash Near Halving ...