Cryptocurrencies > Coins > Litecoin

Litecoin (LTC)

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Market Cap: $???,???

Fundamental Crypto Asset Score1

  • Litecoin is a digital currency, which can be used to buy things at places where it’s accepted, and to transfer funds between accounts.
  • Litecoin’s speed and relatively low fees make it appealing as a payment option and means of transferring value.
  • The network has significantly fewer miners than Bitcoin, which could have an impact on the overall security of the network.
  • Like Bitcoin, Litecoin has a fixed supply: there will only ever be 84 million LTC.

Litecoin was created as a fork of Bitcoin in 2011. A fork happens whenever a community makes a change to the blockchain's protocol, or basic set of rules. Forks create a second blockchain that shares all of its history with the original, but is headed off in a new direction.

So what’s the difference? Litecoin branched off from Bitcoin to test new innovations, including a different proof of work mining algorithm. The digital asset also aims to offer faster transaction times and lower costs than Bitcoin.


CE-Score (out of 100)
Mar10, 2022

Ecosystem Structure: 7.5

Token Economics: 8.5

Market Opportunity: 6.0

Core Team: 8.0

Token Performance: 6.0

Roadmap Progress: 7.0

Underlying Technology: 6.5

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