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#LTC#
Detailed information about Litecoin (LTC) according to current data:
Litecoin (LTC) Current Price and Detailed Data
Current Price and Market Data
* Current Price: It is traded around 85 - 87 USD instantly.
* Market Cap: It is approximately 6.5 - 6.6 billion USD. It is usually among the top 20-30 in the cryptocurrency rankings.
* 24-Hour Trading Volume: The trading volume in the last 24 hours varies between 250 - 350 million USD.
* Circulating Supply: There are currently approximately 76 million LTC in circulation.
* Maximum Supply: Litecoin's total supply is limited to 84 million LTC.
* All-Time High Price (ATH): Litecoin reached its peak on May 10, 2021 at approximately 412.96 USD. This peak occurred as part of the overall cryptocurrency market bull run in 2021.
* All-Time Low Price (ATL): Litecoin's lowest price was recorded on January 14, 2015 at around $1.15.
Being a Well-established and Trusted Cryptocurrency
Here are the main reasons why Litecoin is considered well-established and trustworthy in the crypto world:
* Litecoin was launched in 2011. This makes it one of the oldest and longest-standing cryptocurrencies. Its longevity shows that the project has been able to stand the test of time and survive various market cycles.
* Active Development and Adaptation: Litecoin has had an active development team and a loyal community over the years. This means that the security and functionality of the network are constantly being improved. Features such as MimbleWimble Extension Blocks (MWEB), which have been integrated recently, have provided Litecoin with significant advantages in terms of transaction privacy and scalability. Such technological developments support the project to remain competitive and adapt to future demands.
* Litecoin is widely accepted on many major cryptocurrency exchanges and numerous online merchants. This wide adoption indicates that the project has a solid ecosystem and high liquidity.
These factors make Litecoin both a technologically sound and market-proven cryptocurrency. Therefore, it is a very ideal coin for investment.