Litecoin (LTC) vs Ripple (XRP) Comparison
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.
User rating
Cryptogeek rating
About
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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.
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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.
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Type
Founding Date
Country
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International
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International
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Languages
Team
Protocol
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Public blockchain
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Public blockchain
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Current price (USD)
All-time high (USD)
Price change (24h)
Volume (24h)
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34156036.30215
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392405873.44002
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Hashrate
Max Supply
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84000000.00000
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99999999999.99999
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Total supply
Circulating Supply
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75343695.73347
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99986807248.00000
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Transaction speed / Block time
Transaction fee
Mining profitability
Algorithm
Proof type
Fully premined
Smart contract address
Total coins mined
Is trading
Block reward
Block time
Company |
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User rating |
User rating
5 / 5
5 user reviews
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User rating
5 / 5
4 user reviews
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Cryptogeek rating |
Cryptogeek rating
3.4 / 5
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Cryptogeek rating
5 / 5
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Trust Score
How it works
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Trust Score
3.98 / 5
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Trust Score
4.7 / 5
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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.
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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.
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Type |
Type
coin
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Type
coin
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Founding Date |
Founding Date
2011
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Founding Date
2012
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Country |
Country
International
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Country
International
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
Public
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Team
Public
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Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
107.7436
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Current price (USD)
2.3089
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All-time high (USD) |
All-time high (USD)
375.2900
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All-time high (USD)
3.8400
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Price change (24h) |
Price change (24h)
3.08
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Price change (24h)
2.34
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Volume (24h) |
Volume (24h)
34156036.30215
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Volume (24h)
392405873.44002
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Hashrate |
Hashrate
165730
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Hashrate
No data
|
Max Supply |
Max Supply
84000000.00000
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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
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Transaction speed / Block time
1500
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Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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Mining profitability |
Mining profitability
low
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Mining profitability
low
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Algorithm |
Algorithm
Scrypt
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Algorithm
No data
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Proof type |
Proof type
PoW
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Proof type
No data
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Fully premined |
Fully premined
No data
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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
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Total coins mined
No data
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Is trading |
Is trading
yes
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Is trading
No data
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Block reward |
Block reward
12.500000000000
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Block reward
No data
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Block time |
Block time
150
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Block time
No data
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Social
Website
Twitter
Advantages
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Open-source Network
Decentralized
Transactions Fees
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Affordable
Solves problems and creates opportunities
Moving into CBDCs
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Disadvantages
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Has some branding issues
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Not decentralized
Uses a pre-mining protocol
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Rating
User rating |
User rating
5 / 5
5 user reviews
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User rating
5 / 5
4 user reviews
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Cryptogeek rating |
Cryptogeek rating
3.4 / 5
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Cryptogeek rating
5 / 5
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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
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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.
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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) 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.
When trading cryptocurrency, you should take into account the following rules:
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.
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.
- 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.
- 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.
- 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.