Litecoin Price

Follow the Litecoin price in euro, dollar and pound

Above, you can follow the Litecoin price over the last 24 hours, presented in an interactive line chart. Litecoin is a cryptocurrency, and therefore the numbers are presented in a 24-hour format because trading in LTC never stops.

Where Bitcoin is seen as gold, is Litecoin seen as silver. It’s one of the oldest and most popular cryptocurrencies, being in the top 10 consistently over the last years and is traded by a lot of people. Cryptocurrency trading never stops, it continues 24/7, even when traditional stocks stop trading.

In the chart above you can see the LTC prices over the last 7 days, the last month, since the beginning of this year and until 1 year in the past of the Litecoin listing. Our partner Bitvavo supplies the real-time information.

LTC price in euro and dollar

The information below shows you how Litecoin has performed in the past month and week. You can also see the current market capitalization and the highest and lowest price of the past 24 hours.

If you want to switch between euro or dollar, just click on EUR or USD to switch.

Note: the price may differ a few euros from the LTC price at the top of the page. This is due to the fact that two different suppliers provide the data.

The history of Litecoin’s price

Charlie Lee, a former Google employee and engineer at Coinbase, developed Litecoin just like Bitcoin was developed. Litecoin is a so-called hard fork of Bitcoin, but it has some mayor differences. Lee released the whitepaper in 2011. In 2013 he was done developing and the LTC coin was listed on the first exchange.

Litecoin has a lot of similarities with Bitcoin because it is a hard fork, but they still have some differences. For example, a block on the LTC blockchain is found faster by a miner and only has an average block time of 2.5 minutes where this takes 10 minutes with BTC.

Litecoin uses a Proof-of-Work algorithm which uses more resources (Scrypt vs. SHA-256) and because of that Litecoin mining equipment are more expensive than Bitcoins.

Litecoin had its peak in 2013 and its first halving in mid 2015. The Litecoin price was very stable until 2017, around the 2 and 4 euros.

Litecoin started its upward trend in 2017 and peaked in December 2017 during the bull run, just like almost every other cryptocurrency. Just before the start of 2018, Litecoin crushed it with an incredible € 339,98 per LTC.

The prices stabilized in 2018 and in 2019, the Litecoin price climbed from the low at € 27 to € 121. Since that moment the prices were stabilizing around the € 60 per LTC. The rise was because of the Litecoin halving in August 2017, when the rewards for miners were halved.

In January 2020 the prices performed well with an increase of 62%.

Litecoin historical prices

The table below shows the historical Litecoin prices in euros for the past week.

How is the Litecoin price determined?

The crypto price model works the same as a lot of other concepts in the economy, and the Litecoin price is therefore determined by supply and demand. If there are more buyers than sellers, the price goes up. If there are more sellers than buyers, the price will go down. So, the buyers and sellers on all the exchanges determine the price.

The LTC price on this website is a combination of all the exchange prices. So, when you look at a different exchange, they might show a slightly different price.

Litecoin price prediction

Every week, something happens that might influence the Litecoin value. A lot of people are interested in the future of the Litecoin price, and therefore it is trending in the search engines. But the truth is that no one knows it exactly. Analysts are trying their best to foresee the future with different methods, but they don’t always work and the market is still young and unpredictable.

The market hopes that traditional investors will come to cryptos such as Litecoin over time to boost the market and make it more stable.

What do you need to take into account with the Litecoin price?

As you may know, cryptocurrency isn’t exactly suited for weak-hearted traders. At this moment, the crypto market is very small, because they need to beat up against larger trade assets such as stocks and national currencies. Because of the immaturity of crypto and because of the volatile prices, it’s not widely supported by a broad audience.

So when a large trader enters the market of crypto, the prices can double in a small period of time. Corresponding with that, when a large player withdraws all its LTC coins, the prices can decrease in a very short time.

When you’re very experienced with volatile prices or you know that you can handle them well, crypto is your market. But when you are more suited for defensive and stable stocks, it might not be your best choice.

As always, we repeat: never invest more money than you are willing to lose.

How to invest in Litecoin?

When you need some more information about investing in general, please check our knowledge base.

Read and compare all the different coins and brokers to estimate the risks, revenue and costs before you decide to invest in crypto.

On this page we show you the top 3 reliable and safe brokers to buy Litecoin. That way you can choose the best suitable broker yourself.

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