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LitecoinLTC
The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Read More
The announcement marks the first time an esports organisation invests significantly into a cryptocurrency ecosystem Read More
Pseudonymous Shiba Inu (SHIB) founder Ryoshi has walked away from the community after deleting all of their Tweets and blog posts this week. Read More
The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months. Read More
Endless Battlefield team announces a new milestone. Read More
| Date | Event Class | Event Type | Event Details | Original Points | Current Points |
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| Date | Event Class | Event Type | Event Details | Original Points | Current Points |
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| Date | Event Class | Event Type | Event Details | Original Points | Current Points |
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Litecoin [LTC] bounces from $90, will there be a breakout past $100 this time?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The four-hour market structure was broken, and a minor pullback could commence. The overall bias was bullish for Litecoin. Litecoin [LTC] slumped to $88.16 on 13 February, while Bitcoin [BTC] dipped to $21.3k. Since […]
AMBCrypto -
4 months ago LTC
Examining Litecoin’s [LTC] chances of reaching $130 after bullish breakout
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure of Litecoin was bullish. The reaction at $95 and the attempts to push above $100 meant bulls have the upper hand. Bitcoin [BTC] saw a small move upward from $22.8k to […]
AMBCrypto -
4 months ago LTC
Litecoin (LTC) is rallying with big support from shark addresses that have accumulated more than $108 million worth of the token within months, according to Santiment. Crypto analytics firm Santiment says shark addresses have “aggressively” accumulated the token since July 2022, helping to push it toward $100. “Litecoin has now rallied its price up +89% […] The post Crypto Sharks Have Accumulated
Daily Hodl -
4 months ago LTC
Officials in New York are proposing a bill that would make a slew of prominent crypto assets acceptable forms of payment for state agencies. The bill, which was proposed last week, would make Bitcoin (BTC), Ethereum (ETH), decentralized peer-to-peer network Litecoin (LTC), and BTC hard fork Bitcoin Cash (BCH) valid forms of payments for the […] The post Bill To Make Bitcoin, Ethereum, Litecoin and
Daily Hodl -
4 months ago LTC
New data from crypto analytics platform Santiment reveals that whale transactions are spiking for Litecoin (LTC), Polygon (MATIC) and two Ethereum (ETH)-based altcoins. According to the market intelligence firm, Bitcoin (BTC) alternative Litecoin is experiencing a resurgence of whale activity that could result in another price explosion of more than 30%, which is what happened […] The post Whales
Daily Hodl -
4 months ago LTC
Litecoin fails to overcome key resistance level despite hitting new milestones
Litecoin hits transaction and hash rate milestones, but investors are still sitting on the sidelines. LTC was stuck in limbo as demand slowed down amid weak sell pressure. Litecoin [LTC] concluded an interesting week during which it managed two major milestones. On 27 January, the network announced that it had facilitated slightly over 142 million […]
AMBCrypto -
4 months ago LTC
A widely followed crypto analyst says that Bitcoin (BTC) could continue its uptrend as he keeps a close eye on Litecoin (LTC) and three Ethereum-based (ETH) altcoins. Pseudonymous trader Rekt Capital tells his 334,000 Twitter followers that he expects BTC to continue rising as long its dominance level successfully retests a key level. “A BTC […] The post Bitcoin Breakout Imminent? Analyst Says Key
Daily Hodl -
4 months ago LTC
Litecoin sharks may have the final say on LTC’s direction- Here’s why
Litecoin’s $1 million transactions reached a January high. The LTC’s possible direction could be dependent on continual whale action. After hitting highs earlier in January, Litecoin [LTC] whales have stamped their authority in the market again as large transactions hit peak levels. According to Santiment, whale transactions around the $1 million region hit 2023 highest […]
AMBCrypto -
4 months ago LTC
Exploring Litecoin’s [LTC] position as it looks to dominate the market in 2023
Litecoin’s bounce back is strongly supported by strong address growth. Whales offer support to LTC as sell pressure attempts to erase recent gains. Litecoin [LTC] was one of the top trending coins between 17 – 24 January, and for good reason. It has outperformed many top coins in the last few months, including Bitcoin [BTC] […]
AMBCrypto -
4 months ago LTC
Will Litecoin see a dip to $85 before its next push higher?
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The daily timeframe remained bullish, but a pullback could occur. On-chain metrics and a positive funding rate also highlighted bullish expectations. Litecoin retested the bullish order block at $81.6 and bounced to trade at $88.6 […]
AMBCrypto -
5 months ago LTC
Litecoin attempts to steal Bitcoin’s thunder, but a pullback might be in the works
Litecoin may be headed for a cliff as price to RSI divergence manifests. LTC metrics still highlight strong demand, but some whales are taking profits. Litecoin [LTC] was taking advantage of its press time bull run to build a favorable image. Some might say that it was trying to steal some of Bitcoin’s [BTC] shine. […]
AMBCrypto -
5 months ago LTC
A widely followed crypto analyst is seeing “massive opportunities” for Ethereum (ETH) traders in the coming days. Crypto trader Michaël van de Poppe tells his 645,800 Twitter followers that any traders who aren’t in the ETH market yet might want to reconsider. “Area I’m interested on ETH. The dips to come right now are probably the best […] The post Top Crypto Analyst Highlights Area of Interest
Daily Hodl -
5 months ago LTC
Litecoin Hashrate At New All-Time High, Good Sign For Price?
Data shows the Litecoin mining hashrate has hit a new all-time high, can this signal be positive for the price of the crypto? Litecoin Mining Hashrate Sets New All-Time High At 683.52 TH/s Litecoin, much like Bitcoin, is a cryptocurrency that works on a consensus mechanism based on Proof-of-Work (PoW), meaning that network validators called […]
Bitcoinist -
5 months ago LTC
A popular analyst who correctly called Bitcoin’s (BTC) ascent above $20,000 says he’ll remain bullish on the king crypto until proven otherwise. Pseudonymous analyst DonAlt tells his 452,700 Twitter followers that Bitcoin’s strong performance last week suggests that BTC bears are starting to lose momentum. “Weekly close above $19,300 and we’ve reclaimed the first major […] The post Top Analyst Say
Daily Hodl -
5 months ago LTC
Litecoin: MWEB developer releases new updates and this is how LTC responded
LTC registers promising gains as the date of halving approaches. Market indicators revealed that the bulls were leading. David Burkett, MWEB developer, posted new updates related to the Litecoin [LTC] network. Burkett mentioned that he continued working on PSBT, and quickly discovered some limitations in the initial design. He was able to add signing logic […]
AMBCrypto -
5 months ago LTC
Dogecoin Is 261% More Profitable Than Bitcoin in One Key Aspect: Crypto Analytics Platform
According to crypto analytics platform CoinWarz, meme token Dogecoin (DOGE) is vastly more profitable to mine than Bitcoin (BTC). Per the analytics platform, the electricity costs are slightly less to mine BTC than DOGE, but the profit margin for mining DOGE is signifcantly higher than mining BTC. At time of writing, the electricity costs to […] The post Dogecoin Is 261% More Profitable Than Bitco
Daily Hodl -
5 months ago LTC
Litecoin is ready for strong adoption in 2023, thanks to these factors at play
Litecoin’s hash rate made a significant contribution to investor confidence since September. LTC may experience some selling pressure now that it is overbought. There are heavy expectations regarding Litecoin [LTC] this year, especially with the upcoming 2023 halving. It appears that the market has already been preparing for a robust 2023, something which was evident […]
AMBCrypto -
5 months ago LTC
Hundreds of millions of dollars worth of Bitcoin (BTC) and other crypto assets have been liquidated in the last day as new inflation triggers a bounce for the markets. According to the U.S. Bureau of Labor Statistics’ new Consumer Price Index (CPI) report, which broadly measures the changes in prices paid for goods and services […] The post Over $320,000,000 in Bitcoin and Crypto Liquidated in Las
Daily Hodl -
5 months ago LTC
Crypto Analyst Says Ethereum (ETH) and Altcoins About To Catch Traders off Guard With Massive Move
A closely followed technical analyst says that Ethereum (ETH) and the broader altcoin markets are set for an unexpected macro move to the upside. The pseudonymous analyst known as TechDev tells his 403,000 Twitter followers that several different metrics are suggesting that crypto markets have bottomed out and are setting the stage for the next […] The post Crypto Analyst Says Ethereum (ETH) and A
Daily Hodl -
5 months ago LTC
Analyst Predicts Epic Litecoin Rally As This Year’s Halving Approaches – Here’s His Target
A closely followed crypto strategist is predicting a massive Litecoin (LTC) rally this year in anticipation of its halving event slated for August. Pseudonymous analyst Rekt Capital tells his 331,800 Twitter followers that Litecoin has a tendency to erupt prior to its halving based on historical price action. Looking at Litecoin’s pre-halving rallies in the […] The post Analyst Predicts Epic Litec
Daily Hodl -
5 months ago LTC
| Parameter | Value | Tier | Status |
|---|---|---|---|
| Project Maturity | 10 years | Tier 1 | Established Project |
| Transaction Volume Level | $1,498,293,280 - Last 24H transacted | Tier 1 | High Volume |
| Cryptocurrencies Sites Listings | Tier 1 | Normal Exposure | |
| Exchanges Listings |
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Tier 1 | High Exposure |
| Holders Tier | 7,293,336 - 7D avg | Tier 1 | Hodlers Gonna Hodl |
| Social Channels | 42,487 users is Social Channels | Tier 3 | Trending |
| Transparency Level |
|
Tier 5 | Not Evaluated |
| Smart Contract Analysis | -- | -- | Review Incoming |
| Project Description | 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. ‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained. As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power. Litecoin Technical Details: The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units. Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market. |
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| Litecoin Contracts |
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| Circulating Supply | 72,545,408.233 | ||||||
| Total Supply | 100,000,000 | ||||||
| Holders Count | 7,293,336 | ||||||
| Litecoin Categories | |||||||
| Current Litecoin Price | $91.70 |
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