Introduction: Litecoin (LTC) is one of the oldest and most trusted cryptocurrencies in existence. Created by Charlie Lee in 2011, it is often referred to as the "Silver to Bitcoin's Gold." While Bitcoin is treated as a store of value, Litecoin was designed for everyday payments—it is 4 times faster and much cheaper to use. It has 100% uptime and has never gone down in its history.
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Why Do Traders Love Litecoin?
In a market full of scams and hype, Litecoin is boring and that is a good thing. It works exactly as intended.
- Speed: A block is mined every 2.5 minutes (Bitcoin takes 10 minutes).
- Supply: There will only ever be 84 million LTC (4x the supply of Bitcoin).
- Privacy: With the recent MWEB upgrade, Litecoin now offers optional privacy features for transactions.
Litecoin Price Analysis & Prediction
LTC is known for its massive rallies during the "Halving" events (where mining rewards are cut in half).
Technical View: As seen in the Live Chart above, Litecoin has massive support at lower levels. It is often used by whales to move funds between exchanges because it is faster than Bitcoin and widely accepted. Traders on Poocoin.in watch LTC as a leading indicator for altcoin season.
How to Buy Litecoin (LTC)?
LTC is listed on literally every crypto exchange in the world.
- Easiest Way: Click "Trade Now" above to buy securely on our partner exchange.
- Spending: You can use the BitPay card to spend Litecoin at millions of merchants worldwide.
Conclusion
Litecoin is the reliable engine of the crypto world. It may not have a cute dog logo, but it has the trust of millions. Keep tracking the real-time data on Poocoin.in to spot the next breakout.
