Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens.
The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols. Key technical features include the Scrypt hashing algorithm, which promotes wider network participation, and MimbleWimble Extension Blocks, which improve user privacy by allowing transaction details to be hidden.
The LTC token is used for settling global payments, executing microtransactions through smaller units called litoshis, and diversifying digital portfolios with a highly liquid asset. New tokens are issued to miners as rewards for verifying blocks, though these rewards undergo a halving event approximately every four years to strictly control inflation. This process ensures the ledger maintains immutability, meaning records cannot be changed once they are saved to the global network.
Created by former Google engineer Charlie Lee, the project is supported by the Litecoin Foundation, a non-profit organization dedicated to ecosystem adoption. Unlike many venture-backed projects, it is maintained by a decentralized community of independent developers and a global network of miners. The project has seen recent institutional adoption, with entities like Lite Strategy and Luxxfolio Holdings adding significant amounts of LTC to their corporate treasuries as of late 2025.
Litecoin turned over $55,914,504 across the venues we index in the last 24 hours, which is 1.47% of its market capitalisation — a figure worth watching, because turnover well above its usual level tends to accompany the sharper moves.
The highest price our index has recorded is $137.04 on Jan 17, 2025, leaving LTC −64.25% from that peak.
The lowest is $40.92 on Jun 25, 2026, putting the price today +19.71% above that low.
Measured on Coinmico's own index since Dec 31, 2024, not on prices reported by someone else.
Litecoin is valued at $3,798,464,771, which ranks it #27 among the assets we track. It is the price of one coin multiplied by the 77,536,848 LTC in circulation.
At today's price, the full supply of 84,000,000 LTC would be worth $3,786,959,064. 92.31% of that supply is already circulating, so the rest is what dilution would still add.
Price divergence
Litecoin (LTC) price has decreased today.
The price of Litecoin (LTC) is $48.99 today with a 24-hour trading volume of $55,914,504. This represents a 1.39% price decrease in the last 24 hours and a 3.10% price decrease in the past 7 days. With a circulating supply of 77.5 Million LTC, Litecoin is valued at a market cap of $3,798,464,771.
ltc$48.99-1.39%
