Litecoin logo
Litecoin
LTC
$82.90

Sector

POW

Exchange Debut

2013-11-21

Market Cap

6,156,087,748

Maxim Supply

84,000,000

Circulating Supply

74,262,596

Circ. Supply(%)

88.41%
Litecoin logo

Litecoin

LTC

Price

$82.90

Market Cap

Sector

Exchange Debut

6,156,087,748
2013-11-21

Volume 24h

High 24h

Low 24h

527041067
85.606611525255
78.385842356587

Change 24h

Change 7d

Change 30d

0.325
21.3193
22.3394

Maxim supply

Circulating supply

Circulating supply(%)

84,000,000
74,262,596
88.41%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Litecoin-LTC cryptocurrency:

 

Litecoin-LTC is a cryptocurrency project that aims to offer fast, secure, and low-cost payments, leveraging the power of blockchain technology. Based on our fundamental analysis of the Litecoin-LTC cryptocurrency, the project has scored an overall 7.16 out of 10, highlighting its strong potential yet pinpointing areas in need of improvement.

SOCIAL & MASS MEDIA: Score 6.85 out of 10

Litecoin-LTC excels in its ability to attract followers and has a strong media presence. However, the activity of social media administrators and community engagement on social media platforms could be improved. These factors contribute to a score that, while above average, leaves room for optimization.

AUDIT & SECURITY: Score 3.48 out of 10

Security remains a significant concern based on the fundamental analysis of the Litecoin-LTC cryptocurrency. Although the project boasts transparency and liquidity, the audit results raise flags about the overall security infrastructure. This is a vital area needing immediate attention.

TOKENOMICS: Score 8.85 out of 10

The token economy is robust, with high scores in inflation management and decentralization. This indicates that Litecoin-LTC is designed for sustainability, making it an attractive investment option in the crypto space.

ECOSYSTEM DEVELOPMENT: Score 6.6 out of 10

The project shows a fair amount of progress in achieving its objectives and has plans for new developments. However, the score suggests that there is still work to be done to ensure the long-term success of the ecosystem.

TEAM & DEVELOPERS: Score 8.8 out of 10

The team behind Litecoin-LTC is experienced and well-equipped, especially in terms of software development. Their expertise adds credibility to the project and is a strong indicator for potential success.

PRODUCT & UTILITY: Score 7.9 out of 10

The utility of the product and the role of tokens within the ecosystem are commendable. It serves a purpose, making it more than just another cryptocurrency. This aligns well with the core philosophy behind the fundamental analysis of the Litecoin-LTC cryptocurrency.

PARTNERS & INVESTORS: Score 6.75 out of 10

While the project has a moderate number of investors and partners, there’s room for growth in this area to make the ecosystem more robust and resilient.

Fundamental analysis of the Litecoin-LTC cryptocurrency – The final conclusion

After a meticulous evaluation, the fundamental analysis of the Litecoin-LTC cryptocurrency reveals both strengths and weaknesses. The project excels in tokenomics, team expertise, and product utility but falls short in the critical area of security and audits. This mixed bag presents both risk and opportunity for potential investors. The significant concern lies in the audit and security score, which may expose investors to undue risk if not addressed promptly. Therefore, while the project shows potential, due diligence and cautious investment are advisable.

By optimizing the weaker sectors, Litecoin-LTC could potentially become a frontrunner in the cryptocurrency space, offering a robust, secure, and efficient alternative for decentralized transactions.

What is Litecoin?

 

Litecoin (LTC) is a cryptocurrency known for its speed, security, and low-cost transactions, leveraging the benefits of blockchain technology. Created by Charlie Lee, a former Google employee, it was intended to serve as a “lite version of Bitcoin.” Launched on October 7, 2011, through an open-source client on GitHub, the network became operational on October 13 the same year. Since its inception, Litecoin has consistently ranked among the top ten cryptocurrencies by market capitalization and is widely accepted by over 2,000 merchants globally.

What Sets Litecoin Apart?

What truly distinguishes Litecoin from other cryptocurrencies like Bitcoin are its faster block transaction times and minimal fees. With a block time of just 2.5 minutes, Litecoin becomes an ideal choice for micro-transactions and point-of-sale payments. These characteristics make it particularly appealing in developing countries, where low transaction fees can be a crucial deciding factor. Additionally, the fundamental analysis of the Litecoin-LTC cryptocurrency reveals its potential for enhanced privacy and fungibility with the forthcoming integration of MimbleWimble-based confidential transactions.

Fundamental analysis of the Litecoin-LTC cryptocurrency

Litecoin - LTC performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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