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SoSo Daily Jun. 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
SoSo Daily Jun. 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
SoSo Daily Jun. 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
SoSo Daily Jun. 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
SoSo Daily Jun. 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
SoSo Daily Jun. 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
SoSo Daily Jun. 2 | The TON mainnet temporarily paused block production, and the official team urgently repaired and resumed operations.
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Al-Driven Crypto Investment Research Revolution

Litecoin

$87.540.4%
LTC/USDT
BINANCE
Total dollar volume:
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News
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The Litecoin blockchain is the largest global Scrypt-based network, operating with 100% uptime since 2011, securing and transacting trillions of dollars of value. $LTC ⚡️ https://t.co/q6UplkuH4d
$LTC
LTCFoundation
14 hours ago
Wu mentioned the weekly highlights of the project: OpenSea's new platform OS2 has officially launched; USD1 integrates with Kernel DAO; Binance HODLer Airdrops are now live for Sophon (SOPH); Litecoin introduces Layer-2 network LitVM. https://t.co/atWAy0aZdU
#NFT
$LTC
wublockchain12
18 hours ago
Weekly Hot Project Updates: OpenSea's New Platform OS2 Officially Launched, USD1 Integrated with Kernel DAO, Binance HODLer Airdrops Launches Sophon (SOPH), etc. (0525–0531)
#DeFi
$LTC
$SOPH
吴说
18 hours ago
Litecoin Launches LitVM Layer-2 Network, Introducing Support for Smart Contracts and Cross-Chain Liquidity for the First Time
#Layer2
$LTC
BitcoinSistemi
1 day ago
The first-ever ZK rollup for Litecoin aims to enhance the legacy chain’s scalability and cross-chain functionality. - @DecryptMedia https://t.co/bFTf7ECEJb
#Layer2
$LTC
LTCFoundation
1 day ago
——Litecoin, the people's coin——
$LTC
LuxxfolioH
1 day ago
🚨 🚨 500,000 #LTC (43,735,180 USD) transferred from unknown wallet to #Binance https://t.co/JHlVGVZ1kY
$BNB
$LTC
whale_alert
1 day ago
Two months ago on March 31st, we launched our Litecoin Treasury Strategy with a successful Litecoin Summit. We met with entrepreneurs, builders, and developers. The future will be lit 🔥
#Bitcoin
$LTC
LuxxfolioH
1 day ago
Analysts say Litecoin ($LTC) could climb to $1,755 by 2030, but it all rides on adoption, clearer regulations, and where Bitcoin ($BTC) heads next. For now, the 2025 targets cap around $231. Is #Litecoin undervalued or overhyped?👇 https://t.co/6oKa7sXsQL #CoinPedia #CryptoNews #Blockchain #CryptoMarket
#Bitcoin
$BTC
$LTC
CoinpediaNews
1 day ago
We got to meet Charlie Lee—the legend of Litecoin https://t.co/yVZlPq9j9Q
$LTC
LuxxfolioH
1 day ago
Weekly Project Updates: OpenSea OS2 Launches, USD1 Integrates with Kernel DAO, Binance HODLer Airdrops Features Sophon (SOPH), etc
#NFT
$LTC
$SOPH
WU blockchain
2 days ago
We love Litecoin 🔥
$LTC
LanternFi
2 days ago
Lunar Digital Assets has announced the launch of LitVM, a zero-knowledge Layer 2 network for the Litecoin ecosystem, bringing smart contracts to the blockchain originally launched in 2011. Built on BitcoinOS and Polygon CDK, the network is supported by the Litecoin Foundation. https://t.co/hfxGhZ5b0A
#Layer2
$LTC
WuBlockchain
2 days ago
According to Benzinga, Lunar Digital Assets has announced the launch of LitVM, a zero-knowledge Layer 2 network for the Litecoin ecosystem, introducing smart contracts to Litecoin, which was created in 2011. The network is built on BitcoinOS and Polygon CDK and is supported by the Litecoin Foundation. Lunar Digital Assets states that LitVM will help Litecoin expand into the DeFi and Web3 ecosystems, providing on-chain use cases such as stablecoin payments and programmable assets (Runes, Lordinals). https://t.co/Q1QB19aUkC
#Layer2
$LTC
wublockchain12
2 days ago
Litecoin launches Layer-2 network LitVM, introducing smart contracts
#Layer2
$LTC
吴说
2 days ago
🔚 That’s a wrap on #LitecoinSummit2025! 2 days of powerful insights, real-world use cases & future-ready discussions. From payment trends to adoption stats, Litecoin's journey continues to inspire the crypto world.⚡️ @litecoin @LTCFoundation Until next time! 🚀 https://t.co/6jIqRcHMLn
#Layer1
$LTC
CryptoTimes_io
2 days ago
Lester is excited about being auctioned off - but @missteencrypto believes he has nothing to worry about. Litecoin Summit 2025 https://t.co/kDwMPjgfmX
$LTC
LTCFoundation
2 days ago
Litecoin Summit 2025: Why We Bet the Treasury on Litecoin with @LuxxfolioH Advisor ⁦@phillyjevs⁩ https://t.co/oZQd769LGM
$LTC
LTCFoundation
2 days ago
Heading to Litecoin Summit? Catch Carter (@cmpeq) on stage soon: 🗓️ Friday, May 30 🕞 3:30 PM 📍 Reno Room, Harrah’s Hotel 🎙️ “The Coming PoW Renaissance” A fresh take on why Proof of Work still matters—and where it’s headed next. https://t.co/xzXBxQMPWY
#Layer1
$LTC
PsyProtocol
2 days ago
Litecoin Summit 2025: Crypto Regulation: The Dawn of a New Era with @KeithGrossman, @MattMoore_Ok & @RickJacksonOK https://t.co/QMljx8OpMT
$LTC
LTCFoundation
2 days ago
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution
Scan QR Code to Explore more key information

Litecoin

LTC

News
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From Official
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The Litecoin blockchain is the largest global Scrypt-based network, operating with 100% uptime since 2011, securing and transacting trillions of dollars of value. $LTC ⚡️ https://t.co/q6UplkuH4d
$LTC
LTCFoundation
14 hours ago
Wu mentioned the weekly highlights of the project: OpenSea's new platform OS2 has officially launched; USD1 integrates with Kernel DAO; Binance HODLer Airdrops are now live for Sophon (SOPH); Litecoin introduces Layer-2 network LitVM. https://t.co/atWAy0aZdU
#NFT
$LTC
wublockchain12
18 hours ago
Weekly Hot Project Updates: OpenSea's New Platform OS2 Officially Launched, USD1 Integrated with Kernel DAO, Binance HODLer Airdrops Launches Sophon (SOPH), etc. (0525–0531)
#DeFi
$LTC
$SOPH
吴说
18 hours ago
Litecoin Launches LitVM Layer-2 Network, Introducing Support for Smart Contracts and Cross-Chain Liquidity for the First Time
#Layer2
$LTC
BitcoinSistemi
1 day ago
The first-ever ZK rollup for Litecoin aims to enhance the legacy chain’s scalability and cross-chain functionality. - @DecryptMedia https://t.co/bFTf7ECEJb
#Layer2
$LTC
LTCFoundation
1 day ago
——Litecoin, the people's coin——
$LTC
LuxxfolioH
1 day ago
🚨 🚨 500,000 #LTC (43,735,180 USD) transferred from unknown wallet to #Binance https://t.co/JHlVGVZ1kY
$BNB
$LTC
whale_alert
1 day ago
Two months ago on March 31st, we launched our Litecoin Treasury Strategy with a successful Litecoin Summit. We met with entrepreneurs, builders, and developers. The future will be lit 🔥
#Bitcoin
$LTC
LuxxfolioH
1 day ago
Analysts say Litecoin ($LTC) could climb to $1,755 by 2030, but it all rides on adoption, clearer regulations, and where Bitcoin ($BTC) heads next. For now, the 2025 targets cap around $231. Is #Litecoin undervalued or overhyped?👇 https://t.co/6oKa7sXsQL #CoinPedia #CryptoNews #Blockchain #CryptoMarket
#Bitcoin
$BTC
$LTC
CoinpediaNews
1 day ago
We got to meet Charlie Lee—the legend of Litecoin https://t.co/yVZlPq9j9Q
$LTC
LuxxfolioH
1 day ago
Weekly Project Updates: OpenSea OS2 Launches, USD1 Integrates with Kernel DAO, Binance HODLer Airdrops Features Sophon (SOPH), etc
#NFT
$LTC
$SOPH
WU blockchain
2 days ago
We love Litecoin 🔥
$LTC
LanternFi
2 days ago
Lunar Digital Assets has announced the launch of LitVM, a zero-knowledge Layer 2 network for the Litecoin ecosystem, bringing smart contracts to the blockchain originally launched in 2011. Built on BitcoinOS and Polygon CDK, the network is supported by the Litecoin Foundation. https://t.co/hfxGhZ5b0A
#Layer2
$LTC
WuBlockchain
2 days ago
According to Benzinga, Lunar Digital Assets has announced the launch of LitVM, a zero-knowledge Layer 2 network for the Litecoin ecosystem, introducing smart contracts to Litecoin, which was created in 2011. The network is built on BitcoinOS and Polygon CDK and is supported by the Litecoin Foundation. Lunar Digital Assets states that LitVM will help Litecoin expand into the DeFi and Web3 ecosystems, providing on-chain use cases such as stablecoin payments and programmable assets (Runes, Lordinals). https://t.co/Q1QB19aUkC
#Layer2
$LTC
wublockchain12
2 days ago
Litecoin launches Layer-2 network LitVM, introducing smart contracts
#Layer2
$LTC
吴说
2 days ago
🔚 That’s a wrap on #LitecoinSummit2025! 2 days of powerful insights, real-world use cases & future-ready discussions. From payment trends to adoption stats, Litecoin's journey continues to inspire the crypto world.⚡️ @litecoin @LTCFoundation Until next time! 🚀 https://t.co/6jIqRcHMLn
#Layer1
$LTC
CryptoTimes_io
2 days ago
Lester is excited about being auctioned off - but @missteencrypto believes he has nothing to worry about. Litecoin Summit 2025 https://t.co/kDwMPjgfmX
$LTC
LTCFoundation
2 days ago
Litecoin Summit 2025: Why We Bet the Treasury on Litecoin with @LuxxfolioH Advisor ⁦@phillyjevs⁩ https://t.co/oZQd769LGM
$LTC
LTCFoundation
2 days ago
Heading to Litecoin Summit? Catch Carter (@cmpeq) on stage soon: 🗓️ Friday, May 30 🕞 3:30 PM 📍 Reno Room, Harrah’s Hotel 🎙️ “The Coming PoW Renaissance” A fresh take on why Proof of Work still matters—and where it’s headed next. https://t.co/xzXBxQMPWY
#Layer1
$LTC
PsyProtocol
2 days ago
Litecoin Summit 2025: Crypto Regulation: The Dawn of a New Era with @KeithGrossman, @MattMoore_Ok & @RickJacksonOK https://t.co/QMljx8OpMT
$LTC
LTCFoundation
2 days ago
LitecoinGoogle Search Trends
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LitecoinGitHub code submission status
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Commit
27,454
Star
4,915
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3,448
Issue
90
LitecoinTwitter weekly trends
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May-31-May-25
May-24-May-18
May-17-May-11
Tweets
Total
37
11
20
Views
Total
Average
238.35K
6.44K
86.14K
7.83K
261.43K
13.07K
Like
Total
Average
3.48K
94
974
88
2.81K
140
Comment
Total
Average
260
7
104
9
194
9
Shares
Total
Average
502
13
289
26
706
35
Al-Driven Crypto Investment Research Revolution

Litecoin Timeline

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Litecoin Token unlock

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Al-Driven Crypto Investment Research Revolution

Litecoin Token allocation

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Litecoin Basic
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Al-Driven Crypto Investment Research Revolution
Litecoin Significant Events
  • Feb,2024
    Metalpha partnered with Litecoin to develop more sustainable mining solutions, aiming to reduce carbon emissions and improve the network’s energy efficiency.
  • Aug 1,2023
    The third halving occurred, reducing the block reward to 6.25 LTC, further strengthening Litecoin's deflationary model.
  • Jul 30,2023
    Litecoin's network hash rate reached an all-time high of 816.67 TH/s, indicating strong miner participation and network security.
  • May 18,2022
    Litecoin launched the MimbleWimble Extension Block (MWEB), providing optional privacy features for transactions. It was one of the biggest technical upgrades in Litecoin’s history.
  • May,2021
    PayPal announced support for Litecoin, making it one of the four cryptocurrencies available on the platform, which boosted LTC’s global payment use.
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Litecoin Info

White paper
Website
litecoin.org
Contracts
Explorers
blockchair.com
cryptoid.info
litecoinblockexplorer.net
tokenview.io
oklink.com
3xpl.com
Community
Twitter
Reddit
Telegram
Source code
github.com
Sector
PayFi
First issue time
Oct 13, 2011
Significant Events
  • Feb,2024
    Metalpha partnered with Litecoin to develop more sustainable mining solutions, aiming to reduce carbon emissions and improve the network’s energy efficiency.
  • Aug 1,2023
    The third halving occurred, reducing the block reward to 6.25 LTC, further strengthening Litecoin's deflationary model.
  • Jul 30,2023
    Litecoin's network hash rate reached an all-time high of 816.67 TH/s, indicating strong miner participation and network security.
  • May 18,2022
    Litecoin launched the MimbleWimble Extension Block (MWEB), providing optional privacy features for transactions. It was one of the biggest technical upgrades in Litecoin’s history.
  • May,2021
    PayPal announced support for Litecoin, making it one of the four cryptocurrencies available on the platform, which boosted LTC’s global payment use.
Expand More
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Litecoin Team

Charlie Lee
Creator of Litecoin, ex-Director of Engineering at Coinbase
Organizations
Litecoin Foundation
A community-run non-profit organization committed to the development and adoption of Litecoin
Watermark

Litecoin Intro

Litecoin(LTC), often referred to as the silver to Bitcoin's gold, is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It was one of the earliest altcoins, and it was designed to improve upon Bitcoin's technology with faster transaction times, lower fees, and a more democratic mining process.

Litecoin operates on a decentralized open-source global payment network that uses "scrypt" as a proof of work. This algorithm can be decoded with the help of CPUs of consumer-grade. While Bitcoin uses the SHA-256 hashing algorithm, which requires significant processing power, Litecoin uses the memory-intensive Scrypt algorithm. This difference makes Litecoin more accessible to users who want to mine the cryptocurrency using their personal computers.

On August 2, 2023, Litecoin completed its third block reward halving at block height 2520000, with the current block reward now at 6.25 LTC.

Above are only for introduction, not intended as investment advice.

Litecoin Unlock & Allocation
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Q&A about Litecoin Tokenomics

Explore the tokenomics of Litecoin (LTC) and review the project details below.


What is the allocation & supply schedule for Litecoin (LTC)?

Litecoin's supply is programmed to have a hard-capped limit of 84,000,000 coins that will ever be mined into existence. On the 7th Octobor in 2011, the Litecoin Network began with what's known as the Genesis Block. Miners, who validate transactions, used to receive a full reward for every 840,000 blocks they processed, which happened approximately every four years.

Around 500,000 LTC was instamined on day one after the LTC genesis block was mined and Charlie Lee and presumably other early Litecoin developers were among the first miners. Despite this, as a fairly distributed asset, Litecoin developers or Charlie Lee do not receive any direct profits from the operation of Litecoin—other than anything they may earn as part of the regular mining process.

This process, called "halving," means that the rewards for miners are cut in half. This will keep occurring every 840,000 blocks until all 84 million Litecoins have been created, which is anticipated to be around the year 2142. Once those 84 million litecoins are made, there won't be any more new ones. From then on, miners will make money from the fees paid for transactions. If you want to know the total number of mined LTC circulating on the Litecoin network, you can refer to https://blockchair.com/litecoin/charts/circulation

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ZIL$0.01129 -NEXO$1.212 -VET$0.02413 -SUI$3.2853 -LEO$8.425 -SOL$155.92 -

Litecoin Price Live Data
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The live Litecoin price today is $87.54 USD with a 24-hour trading volume of 252,689,147 USD. We update our Litecoin to USD price in real-time. Litecoin is +0.40% in the last 24 hours. The current SoSoValue marketcap ranking is # 24, with a live market cap of $ 6,645,901,201 USD. It has a circulating supply of 75,918,451 LTC coins and a max supply of 84,000,000 LTC coins.
Learn more about Litecoin

Ripple In-depth Report Generated by AI - For further details, please review:

https://alpha.sosovalue.xyz/trade/LTC-USDT-BINANCE

1)What is Litecoin(LTC)?

Litecoin (LTC) is a well-established cryptocurrency that was created in 2011 as a fork of the Bitcoin blockchain. It is recognized for offering fast, secure, and low-cost payments through its utilization of blockchain technology. Litecoin was developed to address issues of centralization and to make mining more challenging for large-scale mining operations. As one of the first alternatives to Bitcoin, it shares a slightly modified Bitcoin codebase but differentiates itself in several technical aspects.

As of 2023, Litecoin has undergone significant developments. Notably, the third halving event of Litecoin occurred on August 2, 2023, where the block reward for miners was reduced from 12.5 LTC to 6.25 LTC. This halving is designed to slow down the emission of new LTC coins and to incentivize miners to secure the network through proof-of-work mining, a mechanism similar to that used by Bitcoin. The effect of halving events on cryptocurrency prices is subject to varying opinions among analysts, and it’s important to note that such events don't guarantee price increases. At the time of writing, Litecoin is trading near $82 per coin.

In summary, Litecoin stands as a notable player in the cryptocurrency landscape, known for its early establishment as an alternative to Bitcoin, its commitment to secure and efficient transactions, and its recent developments, including the significant halving event in 2023.

2)Which sector does Litecoin(LTC) belong to?

Litecoin (LTC) belongs to the cryptocurrency sector, specifically within the realm of Proof of Work (PoW) cryptocurrencies. It is a popular choice for fast, secure, and cost-effective peer-to-peer transactions. Notably, Litecoin has been accepted by over 2,000 merchants and stores worldwide, underlining its broad acceptance and utility. Developed as a fork of Bitcoin in 2011, it was designed to improve upon Bitcoin's centralization issues and mining domination by large-scale firms, offering a larger maximum supply of 84 million LTC.

The current situation and development prospects of the PoW sector, particularly in 2023, have been interesting. Despite the growing trend towards Proof of Stake (PoS) following Ethereum's transition in 2022, the PoW ecosystem has thrived unexpectedly. This resurgence is partly due to innovations like the Ordinals protocol on Bitcoin, which allows for the minting of NFTs directly on the network. This development has brought about new interest and investment in PoW cryptocurrencies. Furthermore, the creation of new protocols such as BRC-20 on Bitcoin and LRC-20 on Litecoin has expanded the utility and applications of PoW cryptocurrencies. These protocols have attracted significant attention and users, indicating a growing interest in the sector.

Overall, the PoW sector, despite predictions of its decline, has shown resilience and adaptability. The sector is not static; it continues to evolve with new use cases and technological advancements. The continued exploration of new possibilities for crypto assets and blockchain technology by PoW developers and community contributors suggests a dynamic and innovative future for the sector.

3)What is tokenomics of Litecoin(LTC) (includes allocation and supply schedule)?

The tokenomics of Litecoin (LTC) are characterized by its Proof of Work (PoW) distribution method, similar to Bitcoin. Litecoin, being a fork of Bitcoin, initially had a token supply identical to Bitcoin at the time of the fork. This meant that 7.55 million LTC were created and distributed to Bitcoin investors. New Litecoin coins are exclusively created through mining, with no new tokens emitted through liquidity rewards or airdrops. Importantly, no tokens were allocated to team members or the founder, only to BTC holders at the time of the fork.

Litecoin was launched with an initial pre-mine of 150 coins and has a total supply cap of 84 million coins, which is four times that of Bitcoin. This larger supply was part of the design to make Litecoin more accessible and to prevent it from becoming too scarce and expensive. The blockchain of Litecoin generates a new block every 2.5 minutes, which is four times faster than Bitcoin's 10-minute block generation time. This quicker block time was intended to increase transaction throughput and reduce the waiting time for block confirmations, especially for merchants.

The supply of LTC is designed to reduce over time, following a halving schedule to preserve the coin's value. The halving events occur roughly every four years (or every 840,000 blocks), during which the block rewards for miners are halved. This process is intended to control the rate of new LTC entering circulation and thereby help manage inflation. The last halving occurred in August 2023, reducing the block reward from 12.5 LTC to 6.25 LTC. The final halving is expected in 2042. As of July 2023, the circulating supply of Litecoin was approximately 73.34 million coins, with around 85% of its total supply already mined.

In summary, Litecoin's tokenomics are characterized by a large total supply cap, a PoW mining mechanism, a no-preferential-allocation policy, and a halving schedule to manage the rate of new coins entering circulation. These elements combine to form a system designed for a secure, decentralized cryptocurrency with a controlled inflation rate.

4)What about the team and the investors of Litecoin(LTC)?

The team behind Litecoin (LTC) is led by Charlie Lee, a key figure in its creation. Lee, a former Google engineer and an early Bitcoin adopter, recognized the need for a digital currency that could offer faster transaction confirmations. He is the founder of Litecoin and was instrumental in its development. After a stint at Coinbase, Lee returned to focus on Litecoin full-time and has since become the managing director of the Litecoin Foundation. This non-profit organization supports Litecoin and is responsible for its development and promotion.

The Litecoin Core Development Team, a division of the Litecoin Foundation, implements updates to the Litecoin protocol. This team, funded by donations, is led by Lee and consists of a small group responsible for allocating donations for protocol revisions or strategic developments. The Foundation operates as a not-for-profit organization, relying heavily on community donations to support the development and advancement of Litecoin.

Litecoin's funding history is characterized by community support rather than large-scale institutional funding. Since its inception in 2011, Litecoin has been a community-driven project. The Litecoin Foundation promotes the adoption, education, and development of Litecoin, functioning mainly through donations from the Litecoin community. These donations are crucial for the continued development and promotion of the cryptocurrency.

In terms of financial milestones, Litecoin quickly gained significant market recognition. Within two years of its release in 2011, its market capitalization hit the $1 billion mark. Today, Litecoin is among the top cryptocurrencies by market capitalization, with a valuation exceeding $8 billion. This growth and sustained market position reflect the community's trust and investment in the project.

Overall, Litecoin's development and management are marked by a strong commitment to community-driven growth and development, with the Litecoin Foundation playing a central role in steering its direction and ensuring its adherence to the vision set by its creator, Charlie Lee.

5)What is the development history of Litecoin(LTC)?

Here is a chronological list of significant events and milestones in the development of Litecoin (LTC), followed by insights into its current progress and future roadmap:

Chronological List of Significant Events in Litecoin's Development:

  • Genesis and Early Days (2011-2013): Litecoin was created in 2011 as an open-source cryptocurrency. It introduced a Scrypt mining algorithm, distinguishing it from Bitcoin's SHA-256. Litecoin's initial adoption was swift, with its market cap exceeding $1 million in the first few months. The Litecoin Association was formed to support its development
  • Emergence of Mining Pools and Exchanges (2013-2015): Litecoin mining pools emerged as mining became more challenging for individuals. The first Litecoin mining pool was created in 2011. Exchanges like BTC-E, Cryptsy, and Coinbase began trading Litecoin, enhancing its accessibility and liquidity
  • Integration with Bitcoin and Payment Systems (2015-2017): Litecoin integrated with Bitcoin through the activation of Segregated Witness (SegWit) in 2015. This technical advancement increased transaction efficiency and enabled the development of the Lightning Network. Litecoin also became more widely adopted by payment systems, with significant platforms like Coinbase and Aliant Payment Systems integrating LTC
  • SegWit Activation and Continued Growth (2017-2020): Litecoin activated SegWit in May 2017, improving network efficiency and scalability. In 2018, Litecoin Foundation partnered with TokenPay. Litecoin underwent a halving event in 2019, reducing the block reward to 12.5 LTC. In 2020, PayPal added Litecoin to its platform, increasing its accessibility
  • Flare Network, LiteBringer, and MimbleWimble (2021 – Present): Litecoin integrated with the Flare Network, facilitating the use of smart contracts. LiteBringer, a blockchain-based game, was launched using Litecoin as in-game currency. The MimbleWimble upgrade was proposed to enhance privacy and fungibility on the Litecoin network

Current Progress and Future Roadmap:

  • Recent Developments and Milestones: Litecoin has surpassed 175 million transactions and successfully completed its halving event. The MWEB feature has been added, enhancing user privacy and transaction confidentiality, signifying Litecoin's growth beyond a simple transactional currency
  • Future Prospects and Technological Advancements: Litecoin continues to innovate, focusing on transaction speed, supply dynamics, and functionality improvements. The potential impact of confidential transactions via the MWEB feature and the implications of halving cycles on LTC’s supply dynamics are key focus areas. Market sentiment and trends show both caution and optimism for Litecoin's future

Overall, Litecoin has shown resilience and adaptability in the fast-evolving cryptocurrency landscape. With its focus on overcoming Bitcoin's limitations and its continuous technological advancements, Litecoin is poised to maintain its relevance and impact in the crypto world.

6)List all important links related to it.

Certainly, here are the important links related to the milestones and future outlook of Litecoin (LTC):

  • Genesis and Early Days of Litecoin (2011-2013):

https://www.cryptopolitan.com/litecoin-milestones-appreciating-its-origin-and-evolution/

  • Emergence of Litecoin Mining Pools and Exchanges (2013-2015):

https://www.cryptopolitan.com/litecoin-milestones-appreciating-its-origin-and-evolution/

  • Litecoin’s Integration with Bitcoin and Payment Systems (2015-2017):

https://www.cryptopolitan.com/litecoin-milestones-appreciating-its-origin-and-evolution/

  • SegWit Activation and Continued Growth (2017-2020):

https://www.cryptopolitan.com/litecoin-milestones-appreciating-its-origin-and-evolution/

  • Flare Network, LiteBringer, and MimbleWimble (2021 – Present):

https://www.cryptopolitan.com/litecoin-milestones-appreciating-its-origin-and-evolution/

  • Recent Developments and Future Outlook of Litecoin (2023-2032):

https://thecurrencyanalytics.com/45732/litecoins-evolution-a-detailed-journey-and-future-outlook-2023-2032/

These links provide comprehensive information about Litecoin's journey, its significant milestones, and insights into its future prospects.

7)Bullishness index for this token from the perspective of token valuation and future potential from Chatgpt 4

Here's an overview of Litecoin's (LTC) current valuation and potential future prospects based on the latest data and expert analyses:

Current Valuation (as of 2023):

  • Litecoin Price: Approximately $71.50.
  • 24-Hour Price Change: 6.63%.
  • 7-Day Price Change: 13.28%.
  • Market Cap: Around $5.24 billion.
  • All-Time High: $412.96.
  • All-Time Low: $1.11.
  • Near-Term Price Prediction (7 Days): Estimated to be around $65.75.
  • Fear-Greed Index: 71 (Greed).
  • Market Sentiment: Neutral.
  • Volatility: 2.79%

Short-Term Price Predictions (For the Next 30 Days):

  • Predictions indicate fluctuations in Litecoin's price, with estimates showing a range from a decrease of 17.52% to a slight increase.
  • The predicted minimum price for December 2023 is around $58.82, with an average price of $64.50 and a maximum of $70.17

Expert Predictions and Future Prospects (2023-2032):

  • Expert Forecasts: Diverse predictions suggest significant potential growth for Litecoin, with price estimations ranging from $105.02 by the end of 2023 to a remarkable $3190.04 by 2032.
  • Key Factors Influencing Predictions: Network activity milestones, halving events, and technological upgrades like the MWEB feature are major considerations in these forecasts

Recent Developments and Milestones:

  • Litecoin recently surpassed 175 million transactions and successfully completed a halving event, indicating growing network strength.
  • Innovations such as the MWEB feature have enhanced user privacy and transaction confidentiality, expanding Litecoin’s utility beyond just a transactional currency

Insights on Litecoin's Future:

  • Resilience and Impact: Litecoin's journey, marked by milestones and upgrades, underscores its resilience and potential to impact the crypto landscape.
  • Ongoing Developments: Focus on addressing transaction speed, supply dynamics, and functionality improvements.
  • Market Sentiment Analysis: Market indicators and sentiment analysis show a mix of caution and optimism for Litecoin's future. The Fear & Greed Index and price volatility are significant factors considered by potential investors

Technological Advancements:

  • Innovation in Blockchain: Ongoing innovations in the blockchain sphere and Litecoin's continuous efforts to address Bitcoin’s limitations paint a promising future.
  • Confidential Transactions and Supply Dynamics: The potential impact of confidential transactions via the MWEB feature and the implications of halving cycles on Litecoin’s supply dynamics are key areas of interest for enthusiasts and analysts

In summary, Litecoin's current valuation reflects a healthy market presence with a substantial market cap and moderate volatility. The future of Litecoin looks promising, considering its continuous technological advancements and efforts to address Bitcoin's limitations. However, it's essential to note that cryptocurrency markets are inherently volatile and subject to rapid changes.

Litecoin
LTC
#24
$87.54
+0.4%
Total dollar volume24H
$252,689,147
High24H
88.72 USDT
Low24H
85.74 USDT
Market Cap
#24$6,648,937,939
FDV
$6,649,070,973
Market Cap / FDV Ratio
1.00
Turnover rate
3.8%
Circulating supply
75,918,451
Total supply
75,919,970
Max supply
84,000,000
All time high
413.49 USDT
All time high date
May 10, 2021
Down from All time high
-78.82%
Cycle low
40.3 USDT
Cycle low date
Jun 14, 2022
Up from cycle low
117.32%
Official links
Website
White paper
Socials
Twitter
Reddit
Telegram
Introduction

Litecoin(LTC), often referred to as the silver to Bitcoin's gold, is a peer-to-peer cryptocurrency that was created in 2011 by Charlie Lee, a former Google engineer. It was one of the earliest altcoins, and it was designed to improve upon Bitcoin's technology with faster transaction times, lower fees, and a more democratic mining process.

Litecoin operates on a decentralized open-source global payment network that uses "scrypt" as a proof of work. This algorithm can be decoded with the help of CPUs of consumer-grade. While Bitcoin uses the SHA-256 hashing algorithm, which requires significant processing power, Litecoin uses the memory-intensive Scrypt algorithm. This difference makes Litecoin more accessible to users who want to mine the cryptocurrency using their personal computers.

On August 2, 2023, Litecoin completed its third block reward halving at block height 2520000, with the current block reward now at 6.25 LTC.

Above are only for introduction, not intended as investment advice.

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