Litecoin was launched with the aim of being the "silver" to Bitcoin's "gold."
, Litecoin is a peer-to-peer internet currency. It is a fully decentralized, open-source, global payment network. Lee developed Litecoin with the aim to improve on Bitcoin's shortcomings.
What is Litecoin selling for?
Litecoin Price Chart (LTC/USD)
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Should I invest on Litecoin?
LTC may also be considered as a store-of-value investment, similar to Bitcoin due to its limited supply of 84 million coins once all are minted. However, LTC is unlikely to make a large move before Bitcoin starts leading the bull, which is why it could be a good investment if your investment horizon is long-term.
Does Litecoin have a future?
Our most recent Litecoin price forecast indicates that its value will increase by 6.03% and reach $77.74 by December 28, 2023.
Did Charlie Lee sell his Litecoin?
In July 2013, Lee left Google and began working at Coinbase
, before the cryptocurrency exchange adopted the coin he had created. Lee held the position of Engineering Director until 2017. In December 2017, Lee announced on Reddit that he sold almost all of his Litecoin holdings due to a perceived conflict of interest
How much did LTC coin cost at launch?
Litecoin (LTC) was created in 2011 by Charles Lee and was one of the first altcoins. It quickly found listings on various exchanges and its price reached 30 cents.