Litecoin
LTCSummary · 1dWait— no screen sets a side here — the Score describes the state and never picks one, so only the levels to watch.
Score −12 · closed bar
The bar still forming reads −19 (Mild downward state) — the call can change if it closes there.
Price chart
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Overview
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About Litecoin
Litecoin (LTC) is ranked #26 by market capitalisation, at $4.3B. Circulating supply: 77.75M LTC, out of a maximum supply of 84M. The price is 86.6% below its all-time high of $410.26, set on May 9, 2021. Categories: Infrastructure, Smart Contract Platform, Layer 1 (L1), Proof of Work (PoW).
Litecoin is a decentralized, peer-to-peer digital currency designed to enable instant, near-zero cost payments to individuals and merchants worldwide. As an open-source global payment network that functions independently of central banks or intermediaries, its main value proposition lies in providing a scarce digital asset with a fixed maximum supply of 84 million tokens.
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The network operates using a Proof of Work mechanism where computers solve complex puzzles to confirm transactions and secure the blockchain. It is distinguished by a block generation time of 2.5 minutes, which allows for faster transaction confirmations and a higher total throughput than earlier protocols.
Key technical features include the Scrypt hashing algorithm, which promotes wider network participation, and MimbleWimble Extension Blocks, which improve user privacy by allowing transaction details to be hidden. The LTC token is used for settling global payments, executing microtransactions through smaller units called litoshis, and diversifying digital portfolios with a highly liquid asset.
Project description: CoinGecko (in English).