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Litecoin

LTC
$56.24
+0.55% (24h)

Market Stats

Price
$56.24
+0.55% (24h)
Market Cap
$4.3B
Volume (24h)
$405.85M
Supply
76.92M LTC
FDV
$4.72B

Shariah Analysis

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Last Screening: Q1 2024

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Risk Analysis

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In-Depth Analysis
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Technical Analysis

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About Litecoin

Litecoin is a decentralized, open-source digital currency designed for quick and cost-effective global transactions. It operates without central authorities, relying on mathematics to secure the network and grant users control over their finances. Compared to other cryptocurrencies, Litecoin offers faster transaction confirmations and enhanced storage efficiency. With strong industry backing and liquidity, Litecoin serves as a reliable medium of exchange, working alongside Bitcoin.

Consensus Mechanism

Proof of Work