#LTC#

Litecoin (LTC): Digital Silver and Fundamental Data
Litecoin (LTC) is known as the “digital silver” version of Bitcoin, created in 2011 by former Google engineer Charlie Lee. Although inspired by Bitcoin, it is distinguished by features such as faster transaction times and a different mining algorithm.
Litecoin Highlights
* Fast Transactions: Block generation time 4 times faster than Bitcoin (2.5 minutes). This means faster transaction confirmations.
* High Supply: With a total supply of 84 million LTC, it offers the opportunity to own more units than Bitcoin’s supply of 21 million.
* Scrypt Algorithm: It uses the Scrypt mining algorithm that previously made mining accessible to individual computers.
* Scalability: It has increased transaction scalability by integrating technologies such as SegWit and the Lightning Network before Bitcoin.
* Privacy and Functionality: Aims to strengthen privacy and scalability capabilities with MimbleWimble Extension Blocks (MWEB) upgrade.
Current Data (Approximate Values)
*Current Price (Average): $95 - $100 (May change instantly depending on market dynamics).
*Market Cap: Approximately $5.5 Billion - $6.5 Billion.
*24-Hour Trading Volume: Approximately $300 Million - $600 Million.
*Circulating Supply: Approximately 74.5 Million LTC.
*Total Supply: 84 Million LTC.
*All-Time High (ATH): $412.96 (May 10, 2021).
*All-Time Low (ATL): $1.15 (January 14, 2015).
* Last halving: August 2023. The next halving is expected in 2027.
Why Litecoin?
Litecoin is an attractive digital currency for daily payments and small transfers, especially with its low transaction fees and fast confirmation times. It maintains its solid position in the crypto ecosystem with its deep-rooted history and constantly developing technology.
Important Note: Cryptocurrency markets are highly volatile. The above data may change according to current market movements. It is vital that you do detailed research and evaluate the risks before investing.
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