How much did Litecoin cost when it was first listed?

Litecoin was listed on November 7, 2011, with its initial price of $0.31. Litecoin aims to be a "lightweight" version of Bitcoin, with shorter transaction confirmation times and lower transaction fees. It uses the Scrypt algorithm for mining, which lowers the barrier to entry into mining.

Litecoin listing price: $0.31

Litecoin was listed on November 7, 2011, and its initial Price is $##0.31$.

Detailed Description:

Litecoin was created by Charlie Lee and is also known as "LTC". It is the second most popular cryptocurrency launched after Bitcoin. Litecoin aims to be a "lightweight" version of Bitcoin, with faster transaction confirmation times and lower transaction fees.

Litecoin uses the Scrypt algorithm for mining, which is different from the SHA-256 algorithm used by Bitcoin. This allows Litecoin to be mined on regular computers, lowering the barrier to entry into mining.

Litecoin was originally sold through the Coinbase platform for $0.31. Despite high price fluctuations, Litecoin’s value has steadily increased over time. During the cryptocurrency boom in December 2017, the price of Litecoin surged to an all-time high of $375.

Since then, Litecoin’s price has experienced volatility but remains one of the most popular assets in the cryptocurrency market. As of February 2023, the price of Litecoin is around $100.

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