Profile of Litecoin


Litecoin

Litecoin is a legacy cryptocurrency created as a faster, lighter alternative to Bitcoin. It features quicker block times and lower fees, making it suitable for smaller transactions. LTC is widely supported across exchanges and payment networks. It serves as a stable, long-standing altcoin with a strong track record.


Detailed feature breakdown for Litecoin
Litecoin
Market Cap Rank 16
Sector / Use Case Digital Payments
Consensus Mechanism Proof-of-Work
Year Launched 2011
Current Price Range $30-$150
All-Time High $413 (May 2021)
Staking Rewards (%) N/A
Developer Activity Level Moderate
Institutional Adoption High
Notable Features Quick transaction processing, high liquidity

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