Litecoin (LTC) Surges 8%: What Should You Know?

Currently, Litecoin is in 16th place on the whole market among others with a market capitalization of more than $10,948,540,250. During the last day, it was surging at a slow pace from $151.63 to $168.96 with a trading volume of $2,793,813,441. There are more than 67 million tokens with a total supply of $84 Million. If you are taking into consideration to sell or to acquire the token, you should better consider WOO Network exchange.

What is Litecoin and How Can I Trade it? | CMC Markets

Litecoin is a cryptocurrency that has many similarities with Bitcoin. Actually, it is the decentralized cryptocurrency that operates with the protocols that Bitcoin uses besides a few parameter tweaks. It is also working on the proof-of-work for the consensus. For now, it is one of the top 10 cryptos on the market. It is targeting a block time of 2.5 minutes, while the block time of the Bitcoin is 10 minutes. The protocol states maximum of 84 million while Bitcoin has a maximum supply of 21 million.