Litecoin (LTC) Market Cap Hits $6.32 Billion

Litecoin (LTC) traded up 0% against the dollar during the twenty-four hour period ending at 15:00 PM ET on April 24th. Litecoin has a market capitalization of $6.32 billion and $488.76 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be bought for approximately $84.93 or 0.00132029 BTC on major cryptocurrency exchanges. Over the last seven days, Litecoin has traded up 7.4% against the dollar.

Here is how related cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded 4.3% lower against the dollar and now trades at $0.15 or 0.00000240 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $5.77 or 0.00008965 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• DEI (DEI) traded 1.2% higher against the dollar and now trades at $0.0199 or 0.00000030 BTC.
• Polymath (POLY) traded up 27% against the dollar and now trades at $0.12 or 0.00000189 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• EAC (EAC) traded flat against the dollar and now trades at $0.0011 or 0.00000004 BTC.

Litecoin Profile

LTC is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,458,787 coins. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. Litecoin’s official website is litecoin.org. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official message board is litecointalk.io.

According to CryptoCompare, “Litecoin (LTC) is a digital currency designed for fast, low-cost payments over the internet. Created by Charlie Lee in 2011 as an alternative to Bitcoin, it offers improved transaction times and a higher maximum supply, using a different algorithm (scrypt) for mining. Litecoin facilitates peer-to-peer transactions without a central authority, making it suitable for a wide range of financial activities, from everyday purchases to trading and investment. Its creation by a former Google engineer aimed to address and improve upon some of Bitcoin’s limitations, establishing Litecoin as a practical complement to Bitcoin in the digital currency ecosystem.”

Litecoin Coin Trading

Investors seeking to trade Litecoin using US dollars directly can do so using Coinbase, Gemini or Changelly.

LTC/USD price chart by TradingView