Litecoin profile
Litecoin Profile (LTC)
Score: 7.71 | Very Good
Platform Balanced Large Cap
Project Safety Score

Fri, Sep 17, 2021 6:57 PM

Score 7.71
Rating Very Good
Market Cap $12316146145.555
24hr Volume $3894668705.6244
Price $184.50432593491
Review

Litecoin

coin

1stgen blockchain

Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee, a former Google employee. It was launched in October 2011. The cryptocurrency was created based on the Bitcoin protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors.

Read more in the whitepaper:
https://bitcoin.org/bitcoin.pdf

Litecoin Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Litecoin Safety Report

Litecoin has a safety score of 7.71

Litecoin is a large cap platform coin.

Litecoin is suited to a balanced investment style.


Litecoin Profile

This profile has all the the data required to perform a thorough analysis.


Litecoin Red Flags

There are currently no Litecoin red flags.


Litecoin Development Score

The Litecoin project has 38 active source code repositories.

The most recent commit was Thu, Jun 10, 2021 8:07 AM

  • 1161 Watchers
  • 4743 Stars
  • 863 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • extremely high stars
  • extremely high watchers
  • high mentionable users
  • daily repo updates
  • no repo stars

Litecoin Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is average indicating that this project could be spoken about more positively and more in the community. In general as the popularity of a project grows and as main stream awareness grows this score will go up. But conversely as people loose interest and stop talking about this project or if things take a turn for the worse then this score will go down.
Highlights:
  • The overall sentiment is average

Litecoin Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Litecoin?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Litecoin has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high reddit articles
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • extremely high search result count

Litecoin Awareness Score

The awareness score indicates how well Litecoin is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Litecoin is but a good measure of longevity is how well the project is known by the general public.

Overall Litecoin this project is well known by the general public. There are lots of articles and posts in the main stream media outside the crypto currency community.

Highlights:
  • high news articles mentioning Litecoin
  • average news articles directly about Litecoin
  • very poor search result total

Litecoin Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Apr 28, 2013)

Litecoin Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very high USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Litecoin Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

LTC
Community Trust Score (LTC)

3.57/5

7 reviews
LTCRealist
Fri, Dec 25, 2020 11:18 PM
Not a scam but extremely useless. Zero innovation, zero progress in development, terrible coin distribution for such an old coin and generally plagued by a community of zealots who defend this pile of trash to the death. The only thing it has over BTC is lower fees and higher capacity, but these are no achievements. One is due to lower price the other due to fiddling with coin parameters which anyone can do. Counltess other coins are vastly superior to LTC in every imaginable way, except for marketcap which will only last for so long.
6 3
sarah gibson
Fri, Mar 13, 2020 1:41 AM
========================================================Double your Bitcoin 3 times a day (8 hourly) with the best bitcoin broker Daniel Spacek . I have decided to stick with Bitcoins ever since I joined for obvious reasons. It’s the most valuable, plus payout is instantaneous.Minimum for Bitcoin is 0.05 BTCMinimum for Ethereum is 0.5 ETHMinimum for Litecoin is 1 LTC and;Minimum for Bitcoin Cash is 0.5 BCHContact Danielspacekb at gee mail dhot come do mention RED to get top priority and start doubling your Bitcoin,litecoin, Ethereum and altcoins every 8 hours.========================================================
0 0
Tim Brooks
Fri, Aug 9, 2019 7:56 AM
Visit www.primefinancerecovery.com and contact to report cases of lost global funds of cryptocurrency, online trading, forex, binary trading/options, and assets to fraudulent brokers, individual agents, or companies. They also offer to assist in crypto-trading investments and serve as better financial advisories.
0 5
Daniel Salloi
Fri, Mar 1, 2019 9:29 PM
Bitcoin's little silver brother. Fast and scalable - will be interesting if they implement more privacy with ex MimbleWimble. But again - what's the point if we already have Bitcoin?
0 1
liwu.c
Wed, Oct 24, 2018 6:25 PM
Fast transfer between wallets. This and 3 other coins are my favorite one now! 1st Bitcoin 2nd Litecoin
4 2
Praxis
Thu, Sep 6, 2018 5:59 PM
It's not a scam, but it's pretty useless and pointless.
3 7
Darren Lees
Tue, Dec 12, 2017 9:27 AM
Not a scam
7 1

100.00%

Complete
Profile Status

How complete is this profile:

No missing data points

Community Signals

3.57/5

(7 reviews)
Community Trust Score
Market Cap Rank:
16
Voted:
ok
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Litecoin Reddit
Litecoin Github
Litecoin News
  • Crypto Reaches Theaters as AMC Moves to Accept Ethereum, Litecoin, Bitcoin Cash, and Bitcoin

    Fri, Sep 17, 2021 5:33 PM

    AMC Theatres will accept cryptocurrency payments online by the end of the year. Find out what this...

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  • Todos Medical Now Accepting Cryptocurrency for the Purchase of Tollovid and Tollovid Daily Through Coinbase Commerce

    Fri, Sep 17, 2021 1:27 PM

    Cryptocurrency accepted include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Bitcoin Cash (BCH)...

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  • AMC is going all-in on crypto and will accept more than just Bitcoin

    Fri, Sep 17, 2021 12:53 PM

    Will anyone actually do this...

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  • Should You Invest in Litecoin?

    Fri, Sep 17, 2021 11:00 AM

    Could it one day eclipse...

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  • Walmart says press release on Litecoin partnership is fake

    Fri, Sep 17, 2021 8:08 AM

    Walmart Inc said on Monday that a press release announcing a partnership with litecoin, which...

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