The litecoin price in reais with the time the quote was taken, a two-way converter, and what is left of a coin that has been running since 2011.
Litecoin (LTC): R$ 285,0100, +4,84%.
Litecoin is the oldest coin here after bitcoin. Charlie Lee, then an engineer at Google, released it in October 2011 as a copy of the bitcoin software with four deliberate changes: blocks every two and a half minutes instead of ten, so a payment confirms four times faster; a different mining puzzle, scrypt, chosen in the hope that ordinary computers could keep competing, which they stopped doing when specialised machines arrived in 2014; a cap of 84 million coins instead of 21 million; and the same halving rhythm, cut most recently in August 2023 and due again around mid-2027. Lee's line for it — silver to bitcoin's gold — has outlasted almost everything else written about crypto in 2011.
For years this was where bitcoin's changes were tried first: SegWit activated on Litecoin in May 2017, months ahead of bitcoin, and MimbleWimble extension blocks arrived in May 2022, adding optional private transactions, which promptly got the coin delisted by several South Korean exchanges. Two other facts carry weight. Its mining has been shared with Dogecoin since 2014, so the same machines secure both chains and the two move together for reasons that have nothing to do with either project. And in December 2017, at the top of that cycle, Lee sold and donated his entire holding, saying it was a conflict of interest to talk about the price while owning the coin — a decision people still argue about.
The honest part is the trajectory. Litecoin spent years among the five largest cryptocurrencies and is far from that now: its blocks are mostly empty, cheap transfers largely moved to dollar stablecoins, and the project has no new story to compete with. What it still has is what it was built for — a transfer that costs cents and confirms in minutes, which is why payment processors kept accepting it. The price follows bitcoin with a wider swing, reacting to halving talk and fund filings rather than to anything on the network. The value at the top is a CoinGecko reference averaged across exchanges, saved by a job that runs every half hour, with the moment of the quote beside it.
From CoinGecko, an average across many exchanges, saved by a job that runs every 30 minutes; the date and time of that quote are printed under the value. Press "Refresh rate" and your browser fetches the current one directly. Litecoin trades at weekends too.
Because this is an average reference and an exchange is a shop: it quotes a buying and a selling price with a spread between them, charges a trading fee, and charges again to withdraw. A couple of per cent away from the reference is normal.
Four things, all decided in 2011: blocks every 2.5 minutes rather than 10, a different mining algorithm, a cap of 84 million coins instead of 21 million, and a much lower price per coin. Everything else is inherited from bitcoin. What shows up in practice is the fee, which stays at cents even when bitcoin is busy.
Both, unusually for a coin of its age. Payment processors kept supporting it, and it is a common way to shift value between exchanges when a bitcoin transfer would cost more than the amount justifies: minutes to arrive, cents to send. Most daily volume is still trading, and stablecoins took over the cheap-transfer role years ago.
The scheduled halving of the reward paid to miners for each block, every 840,000 blocks — roughly four years. The last was in August 2023, the next falls around mid-2027. Because the date is calculable, the argument is never whether it happens but whether the market has already priced it in.
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