Litecoin (LTC) vs Ripple (XRP) Comparison

Compare companies

On this page, you can compare Litecoin (LTC) with Ripple (XRP). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

5 / 5 5 user reviews 5 / 5 4 user reviews

Cryptogeek rating

3.4 / 5 5 / 5

Trust Score

How it works
3.98 / 5 4.7 / 5

About

Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.

Type

coin coin

Founding Date

2011 2012

Country

International International

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

107.7436 2.3089

All-time high (USD)

375.2900 3.8400

Price change (24h)

3.08 2.34

Volume (24h)

34156036.30215 392405873.44002

Hashrate

165730 No data

Max Supply

84000000.00000 99999999999.99999

Total supply

No data No data

Circulating Supply

75343695.73347 99986807248.00000

Transaction speed / Block time

56 1500

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

Scrypt No data

Proof type

PoW No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

65464957.99676 No data

Is trading

yes No data

Block reward

12.500000000000 No data

Block time

150 No data
Company
User rating User rating 5 / 5 5 user reviews User rating 5 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 5 / 5
Trust Score How it works Trust Score 3.98 / 5 Trust Score 4.7 / 5
About
Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.
Type Type coin Type coin
Founding Date Founding Date 2011 Founding Date 2012
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 107.7436 Current price (USD) 2.3089
All-time high (USD) All-time high (USD) 375.2900 All-time high (USD) 3.8400
Price change (24h) Price change (24h) 3.08 Price change (24h) 2.34
Volume (24h) Volume (24h) 34156036.30215 Volume (24h) 392405873.44002
Hashrate Hashrate 165730 Hashrate No data
Max Supply Max Supply 84000000.00000 Max Supply 99999999999.99999
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 75343695.73347 Circulating Supply 99986807248.00000
Transaction speed / Block time Transaction speed / Block time 56 Transaction speed / Block time 1500
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm Scrypt Algorithm No data
Proof type Proof type PoW Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 65464957.99676 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 12.500000000000 Block reward No data
Block time Block time 150 Block time No data

Social

Website

litecoin.org ripple.com

Twitter

@LitecoinProject @Ripple
Website Website litecoin.org Website ripple.com
Twitter Twitter @LitecoinProject Twitter @Ripple

Advantages

Open-source Network Decentralized Transactions Fees Affordable Solves problems and creates opportunities Moving into CBDCs

Disadvantages

Has some branding issues Not decentralized Uses a pre-mining protocol

Rating

User rating User rating 5 / 5 5 user reviews User rating 5 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 3.4 / 5 Cryptogeek rating 5 / 5
Advantages Advantages Open-source Network Decentralized Transactions Fees Advantages Affordable Solves problems and creates opportunities Moving into CBDCs
Disadvantages Disadvantages Has some branding issues Disadvantages Not decentralized Uses a pre-mining protocol

Litecoin (LTC) user rating is 5, based on 5 user reviews. Ripple (XRP) user rating is 5, based on 4 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.7 / 5 Write review
Choose other companies
Litecoin (LTC) features

At the moment Litecoin (LTC) price is 108.7436. Its 24h volume is 34,156,036.30215. 24h price change is 3.8.

Litecoin (LTC) max supply is 84,000,000.0. The circulating supply is 75,343,696.73347.

Litecoin (LTC) hash rate is 165730. Litecoin (LTC) transaction speed/block time is 56. Block reward is 13.5.

At the moment the number of coins mined is 65,464,958.99676. Mining profitability is low.

Litecoin (LTC) Cryptogeek user rating is 5, based on 5 user reviews.

Ripple (XRP) features

Ripple (XRP) price is 2.3089. Its 24h volume is 392,405,873.44002. 24h price change is 2.34.

Ripple (XRP) max supply is 100,000,000,000.0. The circulating supply is 99,986,807,248.0.

Ripple (XRP) transaction speed/block time is 1500.

Mining profitability is low.

Ripple (XRP) Cryptogeek user rating is 5, based on 4 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Litecoin (LTC) with Ripple (XRP). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.