Litecoin 24-Hour Trading Volume Reaches $557.58 Million (LTC)

Litecoin (LTC) traded 4.1% higher against the U.S. dollar during the one day period ending at 8:00 AM E.T. on April 18th. Litecoin has a total market capitalization of $6.00 billion and $557.58 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be bought for approximately $80.64 or 0.00130159 BTC on major cryptocurrency exchanges. During the last seven days, Litecoin has traded 16% lower against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded 4% lower against the dollar and now trades at $0.15 or 0.00000237 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $5.86 or 0.00009456 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• DEI (DEI) traded down 0.6% against the dollar and now trades at $0.0166 or 0.00000027 BTC.
• Polymath (POLY) traded 7.7% lower against the dollar and now trades at $0.0796 or 0.00000128 BTC.
• Lotto (LOTTO) traded 2.1% lower 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 Coin Profile

Litecoin (CRYPTO:LTC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,435,525 coins. The official website for Litecoin is litecoin.org. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed 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.”

Buying and Selling Litecoin

Investors seeking to acquire Litecoin using U.S. dollars directly can do so using Coinbase, GDAX or Changelly.

LTC/USD price chart by TradingView