Market Cap
A$7.74B
Litecoin is a proof-of-work payments cryptocurrency created as a faster, lighter companion to Bitcoin. LTC uses a fixed supply schedule, four-times-faster block target and Scrypt mining to support low-cost peer-to-peer transactions.
The Litecoin price in AUD is usually assessed through payments usage, miner economics, exchange liquidity and its long track record through multiple market cycles. LTC remains relevant as a simple, widely supported transaction coin with strong availability on retail platforms.