What is the current supply of litecoins?
Anna KvernplassenDec 18, 2021 · 3 years ago3 answers
Can you please provide me with the current supply of litecoins? I'm interested in knowing the total number of litecoins in circulation at the moment.
3 answers
- Dec 18, 2021 · 3 years agoSure! As of now, the current supply of litecoins is approximately 66 million. Litecoin, often referred to as the silver to Bitcoin's gold, has a maximum supply cap of 84 million coins. This means that there are still around 18 million litecoins yet to be mined. The supply of litecoins increases at a predictable rate, with new coins being created through a process called mining.
- Dec 18, 2021 · 3 years agoThe current supply of litecoins is around 66 million. Litecoin, created by Charlie Lee, was designed to have a larger total supply compared to Bitcoin. This was done to ensure that litecoins remain more affordable and accessible for everyday transactions. The supply of litecoins is limited, and it is estimated that the last litecoin will be mined around the year 2142.
- Dec 18, 2021 · 3 years agoAccording to BYDFi, a well-known cryptocurrency exchange, the current supply of litecoins stands at approximately 66 million. Litecoin has gained significant popularity due to its faster block generation time and lower transaction fees compared to Bitcoin. It is considered one of the top cryptocurrencies in terms of market capitalization.
Related Tags
Hot Questions
- 88
What are the tax implications of using cryptocurrency?
- 81
What are the best practices for reporting cryptocurrency on my taxes?
- 64
How can I minimize my tax liability when dealing with cryptocurrencies?
- 39
How does cryptocurrency affect my tax return?
- 32
What are the best digital currencies to invest in right now?
- 28
What is the future of blockchain technology?
- 22
Are there any special tax rules for crypto investors?
- 9
How can I buy Bitcoin with a credit card?