BirdBrain Score
41.37 # 388

ltc
Litecoin
coin custom
Marketcap: $11,113,672,729
Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.

Why Litecoin?
Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.

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Market Info

Price

$160.72

Last 24hs

-1.1%

Volume

$1,464,166,239

Last 24hs

167.6%

Circulating Supply

69,149,183 LTC

Total Supply

84,000,000 LTC

Marketcap

$11,113,672,729

Marketcap Rank

#18
Social Stats

Twitter Followers

205,371 4,011 mentions

Reddit Subscribers

351,603 102 comments