Details about LiteUSD cryptocurrency
€37
100,000,000
40.82
Unknown
https://liteusd.com/
@LiteUsd
LiteUSD price charts
LITE exchanges
LiteUSD, the crypto
LiteUSD (LITE) is a cryptocurrency that is pegged to the value of the US dollar. This means that the value of LITE is supposed to be equivalent to one US dollar. It runs on the Ethereum blockchain and uses smart contracts to facilitate transactions and ensure stability of the price.
The point
The main point of LiteUSD (LITE) is to provide a stable cryptocurrency that is not subject to the same volatility as other cryptocurrencies like Bitcoin and Ethereum. It offers a low-risk alternative for those who want to invest in cryptocurrency without risking sudden losses due to market fluctuations.
The problem
LiteUSD (LITE) tries to solve the problem of instability in cryptocurrency markets. By pegging the value of LITE to the US dollar, it provides a stable alternative for those who want to use cryptocurrency for transactions but don't want to risk losing money due to sudden price changes. It also provides a safer investment option for those who want to hold cryptocurrency long-term without risking significant losses.
Compare LITE and BTC performance
| Timeframe | LITE | BTC |
|---|---|---|
| 1h change | 0 % | 0.147369 % |
| 24h change | 0 % | -3.62863 % |
| 7 day change | 0 % | 3.9344 % |
| 14 day change | -24.19 % | -8.62535 % |
| 30 day change | -28.76 % | -7.41801 % |
| 200 day change | -92.88 % | 127.413 % |
| Year change | 0 % | 141.647 % |