What is the total number of Litecoins that can exist?

3 answers

• Feb 19, 2022 · 3 years ago
  Sure! The total number of Litecoins that can ever exist is 84 million. This limit was set by the Litecoin creator, Charlie Lee, to ensure scarcity and prevent inflation. As of now, around 66 million Litecoins have been mined, leaving approximately 18 million still to be mined. Once all 84 million Litecoins are in circulation, no new coins will be created.
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• Feb 19, 2022 · 3 years ago
  Hey there! If you're wondering about the total number of Litecoins, let me break it down for you. Litecoin has a maximum supply of 84 million coins. This number was chosen to be four times higher than Bitcoin's total supply of 21 million coins. Currently, there are around 66 million Litecoins in circulation, and the remaining coins will be gradually mined over time. So, there's still some Litecoin to be discovered!
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• Feb 19, 2022 · 3 years ago
  The total number of Litecoins that can exist is 84 million. This limit was set to ensure that Litecoin remains a deflationary currency, meaning its value is expected to increase over time due to scarcity. Unlike traditional fiat currencies, which can be printed endlessly, Litecoin has a fixed supply. Once all 84 million Litecoins are mined, no more can be created. So, it's a good idea to get your hands on some Litecoins before they're all gone!
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