Litecoin Market Cap Reaches $5.52 Billion (LTC)

Litecoin (LTC) traded 0.7% higher against the US dollar during the 1-day period ending at 0:00 AM ET on July 21st. Litecoin has a total market capitalization of $5.52 billion and $270.35 million worth of Litecoin was traded on exchanges in the last 24 hours. During the last seven days, Litecoin has traded up 4.1% against the US dollar. One Litecoin coin can now be bought for approximately $73.76 or 0.00108527 BTC on popular cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 6.8% higher against the dollar and now trades at $0.14 or 0.00000208 BTC.
• UNUS SED LEO (LEO) traded 1.3% higher against the dollar and now trades at $5.74 or 0.00008441 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.
• Polymath (POLY) traded 10.5% higher against the dollar and now trades at $0.11 or 0.00000166 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded down 2.5% against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Coin Profile

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 74,776,706 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 US dollars directly can do so using Changelly, Gemini or Coinbase.

LTC/USD price chart by TradingView