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LTC Price Live Data ( Litecoin )
LTC is on the decrease this week
Litecoin price today is NGN 72,227.0 with a 24-hour trading volume of NGN 423,359,003,056. Litecoin is down -1.93% in the last 24 hours. Over the past hour the price of LTC has decreased by -0.24%. The total supply of LTC is $76,833,908.23 and the current circulating supply is set at $76,830,789.48. The current Coingecko ranking of LTC is 24.
As of today at 8:04 PM , converting 1 Litecoin (LTC) to NGN using TabTrader, based on the CoinGecko conversion rate, gives you an equivalent value of 72227 NGN. The current exchange rate is 1 LTC = NGN 72,227.0 NGN, while 1 NGN equals LTC.
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Latest LTC to NGN price calculator
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About Litecoin (LTC)
Litecoin (LTC) is a decentralized peer-to-peer virtual currency created from a copy of Bitcoin’s (BTC) source code. Founded in October 2011 (two years after BTC) by former Google engineer Charlie Lee, Litecoin (LTC) is considered one of the first successful altcoins in the industry.
Litecoin (LTC) seeks to improve on some of Bitcoin's shortcomings by offering lower transaction fees, faster block times, higher transaction throughput, and better decentralization.
Bitcoin (BTC) and Litecoin (LTC) are both secured by the proof-of-work (PoW) consensus mechanism but use different hash functions. Litecoin’s (LTC) Scrypt hashing algorithm is more memory-intensive than Bitcoin’s SHA-256, making it less susceptible to ASIC mining dominance.
Additionally, Litecoin has a shorter block generation time compared to Bitcoin, allowing for faster transaction confirmations and quicker network updates.
Due to its fast block times and low transaction costs, Litecoin is widely considered a good fit for microtransactions and point-of-sale payments.
Litecoin (LTC) currently has a market capitalization of NGN 5,553,694,888,117.00
The current circulating supply of Litecoin (LTC) is $76,830,789.48