Litecoin Price Analysis: Latest Trends and Developments

Litecoin marketcap

Introduction

Litecoin (LTC) is a popular cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It was designed to be a faster and more efficient alternative to Bitcoin, with fastest transaction times and lower fees. Today, Litecoin is one of the top 10 cryptocurrencies by market capitalization.

Litecoin Price Today

As of June 1, 2023, the price of Litecoin is USD 172.35. These represents a decrease of 2.3% over the past 24 hours. The current market cap of Litecoin is $11.5 billion, with a circulating supply of 66.8 million LTC.

LTC to USD Live

If you’re interested in tracking the live price of Litecoin against the US dollar (USD), several websites and apps can help you do so. Some popular options include:

– CoinMarketCap
– CoinGecko
– TradingView

Current Litecoin market cap
Litecoin marketcap

These platforms provide real-time price data and charts that allow you to monitor the price of Litecoin (and other cryptocurrencies) as it changes throughout the day.

Marketcap

The market cap of Litecoin is a measure of its total value, calculated by multiplying the current price by the circulating supply. As mentioned earlier, the current market cap of Litecoin is $11.5 billion. These places it in the top 10 cryptocurrencies by market capitalization, behind Bitcoin, Ethereum, Binance Coin, Cardano, Dogecoin, XRP, Polkadot, Solana, and Chainlink.

Chart

If you’re interested in visualizing the price history of Litecoin, you can use a charting platform like TradingView. Here’s a chart that shows the price of Litecoin against the US dollar over the past year:

![Litecoin Price Chart](https://www.tradingview.com/x/8n8j7fK5/)

Current Litecoin market cap
Litecoin marketcap

As you can see from the chart, Litecoin experienced a significant increase in price during the first half of 2022, reaching an all-time high of $413.88 in May of that year. Since then, however, the price has been more volatile, with significant fluctuations in both directions.

Conclusion

In conclusion, Litecoin is a popular cryptocurrency that has been around since 2011. As of June 1, 2023, the price of Litecoin is $172.35, with a market cap of $11.5 billion. If you’re interested in tracking the live price of Litecoin against the US dollar or visualizing its price history, there are several tools available to help you do so. BBS

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