How much will Litecoin be worth in the future?

Due to how far Litecoin has come, growing from low prices around $3 to as much as $400 at its all-time high peak price, it’s clear that Litecoin is a strong performing investment. … Conclusion: Is Litecoin a Good Investment and How Much Will LTC Be Worth? YearPotential HighPotential Low2024 – 2025$10,000$1000Litecoin (LTC) Price Prediction 2022, 2023, 2025-2030 | PrimeXBT primexbt.com › for-traders › litecoin-price-prediction-forecast

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How many LTC are mined per day?

Now the mine reward for each block has been reduced from 25 LTC to 12.5 LTC. Given the block production time in the Litecoin network of about one block every 2.5 minutes, about 576 blocks are produced in 24 hours. This reduces the current daily level from around 14,400 LTC to only 7,200 LTC per day .

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Why is Litecoin so cheap?

Maximal coin supply from 21 million (Bitcoin) to 84 million. Change PoW cryptographic algorithm – from sha256 to scrypt. Cut block mining time – from 10 minutes to 2.5 minutes and thus speed—up transaction time. Lower fees – Litecoins fees are cheaper than Bitcoins, but this metric depends on the network effects .

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