Litecoin (LTC) Trading 2.9% Lower Over Last Week

Litecoin (LTC) traded up 0.6% against the US dollar during the 1-day period ending at 10:00 AM ET on May 4th. Over the last seven days, Litecoin has traded down 2.9% against the US dollar. Litecoin has a total market capitalization of $6.13 billion and $290.92 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be bought for $82.24 or 0.00129017 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded up 18.2% against the dollar and now trades at $0.16 or 0.00000257 BTC.
• UNUS SED LEO (LEO) traded down 1.1% against the dollar and now trades at $5.84 or 0.00009155 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 4.1% higher against the dollar and now trades at $0.0186 or 0.00000029 BTC.
• Polymath (POLY) traded 7.5% higher against the dollar and now trades at $0.0945 or 0.00000148 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 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 74,492,831 coins. The official message board for Litecoin is litecointalk.io. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. The official website for Litecoin is litecoin.org. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here.

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 acquire Litecoin using U.S. dollars directly can do so using GDAX, Gemini or Changelly.

LTC/USD price chart by TradingView