What is Litecoin (LTC) market overview: price, market cap of $6.28B, and 24-hour trading volume?

Litecoin ranks #19 by market cap of $6.28B with a circulating supply of 76.62M LTC

Litecoin's position as the #19 cryptocurrency by market cap reflects its significance within the digital asset landscape. With a market capitalization of $6.28 billion and a circulating supply of 76.62 million LTC tokens, the network demonstrates substantial liquidity and adoption. This valuation places LTC among the most actively traded cryptocurrencies globally, with consistent 24-hour trading volumes reinforcing its market presence.

The circulating supply of 76.62 million tokens approaches the maximum supply ceiling of 84 million LTC, meaning approximately 91% of all Litecoin has already entered circulation. This supply structure, established when Charlie Lee launched the peer-to-peer network in 2011, was designed to support wider initial distribution compared to Bitcoin. The fixed supply cap ensures predictable scarcity, a fundamental characteristic that appeals to investors seeking long-term value preservation.

Litecoin's market cap ranking underscores the cryptocurrency's durability and utility over more than a decade of operation. The network's focus on transaction speed and cost efficiency—processing blocks in 2.5 minutes versus Bitcoin's 10-minute intervals—continues to resonate with users seeking practical blockchain functionality. The substantial market capitalization reflects confidence in LTC's ability to maintain relevance as both a medium of exchange and store of value within the cryptocurrency ecosystem.

24-hour trading volume reaches $33.6M with price fluctuating between $80.89 and $82.46

Litecoin's trading ecosystem demonstrates consistent market participation, reflected in daily transaction activity across multiple cryptocurrency exchanges. The $33.6 million in 24-hour trading volume represents meaningful market engagement, indicating sufficient liquidity for traders seeking to execute orders within reasonable slippage parameters. This volume level positions Litecoin as an actively traded digital asset with genuine depth in order books.

The price fluctuation between $80.89 and $82.46 during the 24-hour period reveals a relatively narrow trading band, suggesting market participants arrived at price consensus with minimal volatility. This $1.57 range represents approximately 1.9% price movement, demonstrating market stability compared to more speculative altcoins. Such modest intraday fluctuations often indicate mature market conditions where supply and demand remain relatively balanced.

This combination of solid trading volume with constrained price volatility characterizes Litecoin's market behavior. The $33.6 million daily volume, when considered alongside the measured price range, suggests institutional and retail traders maintain active positions without dramatic swings. For cryptocurrency market participants analyzing Litecoin's tradability, these metrics underscore the asset's establishment as a liquid, relatively stable vehicle for those seeking exposure to blockchain-based peer-to-peer transactions.

Strong liquidity across major exchanges including Binance, KuCoin, Bybit, MEXC, and Bitget with concentrated trading activity

Litecoin maintains robust trading liquidity across a diverse ecosystem of major cryptocurrency exchanges, with particularly strong order depth on platforms like Bybit, MEXC, and Bitget. This distributed liquidity infrastructure ensures traders can execute substantial LTC positions with minimal slippage, supporting the asset's role as an active trading pair in the broader crypto market. The concentration of trading activity across these established venues reflects institutional and retail confidence in Litecoin's market maturity.

Derivatives trading represents a significant driver of overall LTC trading volume, with perpetual futures markets accounting for a substantial portion of daily activity across platforms. This derivatives dominance indicates that leveraged trading strategies and hedging activities form a critical component of the trading ecosystem, attracting both sophisticated traders and market makers seeking exposure to LTC's price movements. The depth of derivatives markets on major exchanges provides the liquidity infrastructure necessary to support these complex trading strategies.

Recent price action demonstrates Litecoin's resilience within broader market conditions, with the asset stabilizing after experiencing notable dips. This recovery underscores how strong liquidity across multiple exchanges facilitates price discovery and prevents extreme volatility spikes that could otherwise result from concentrated trading activity. The distributed nature of LTC trading across Bybit, MEXC, and Bitget means that substantial buy or sell orders can be absorbed across multiple venues, supporting price stability and institutional participation in the market.

FAQ

What is Litecoin (LTC)? How does it differ from Bitcoin?

Litecoin is a cryptocurrency based on Bitcoin's code but uses Scrypt hashing instead of SHA-256. It offers faster transaction speeds and better scalability. LTC maintains similar principles to Bitcoin while providing improved transaction efficiency.

What is Litecoin (LTC) current price, market cap, and 24-hour trading volume?

Litecoin (LTC) is currently priced at ¥544.53. The market cap stands at approximately ¥6.28 billion, with a 24-hour trading volume of ¥709.84 million.

Litecoin (LTC) has experienced significant price volatility, peaking over $375 in 2017 and falling to $43 in 2022. What is its historical performance and future outlook?

LTC surged from $4 in early 2017 to $375 at peak, then declined to $43 by 2022. Future prospects depend on Bitcoin momentum; if bullish, LTC may reach $120-150, otherwise could trade $50-70. Lack of ecosystem innovation presents headwinds.

How to buy and store Litecoin? What are the security suggestions?

Purchase LTC through exchanges with identity verification and enable two-factor authentication. For storage, use hardware wallets and never share private keys. Keep backups secure offline.

What is Litecoin mining? Can individuals still participate in mining?

Litecoin mining is a process of solving complex mathematical problems to validate transactions and earn LTC rewards. Individuals can still participate, but it requires significant computing power. As difficulty increases, solo mining becomes less profitable; joining mining pools is more practical for personal miners.

What are the risks of investing in Litecoin (LTC) and what should I pay attention to?

Litecoin faces market volatility risk with prices fluctuating significantly. Key considerations include monitoring market trends, understanding blockchain technology, assessing your risk tolerance, and staying informed about regulatory changes and network developments.