CandleFocus Litecoin Celebrates 13 Years with 77 Million Transactions in 2024
2024-10-14
Author: Content Editor
Litecoin has achieved a new milestone on its 13th birthday, completing over 77 million transactions in 2024 alone. Known as the "silver to Bitcoin's gold," Litecoin is popular for its quicker transaction times and reduced fees, making it suitable for everyday payments and microtransactions. The network's expansion can be attributed to constant improvements to its protocol, including security, transaction speed, and privacy features. Litecoin's rising popularity has been further boosted by its integration with payment processors and merchant systems, as well as its availability on mainstream financial services like MoneyGram's mobile app. With a circulating supply of over 75 million coins, Litecoin's long-term existence in the crypto market is confirmed. The future looks promising as the network's hashrate ensures network stability, and the price of Litecoin is currently trading around $65.42.
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