Litecoin (LTC) Trading 12.1% Higher This Week

Litecoin (LTC) traded up 1.9% against the U.S. dollar during the one day period ending at 11:00 AM Eastern on August 14th. During the last seven days, Litecoin has traded 12.1% higher against the U.S. dollar. Litecoin has a total market capitalization of $4.77 billion and $248.71 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be purchased for approximately $63.66 or 0.00107683 BTC on major cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 2.4% lower against the dollar and now trades at $0.10 or 0.00000174 BTC.
• UNUS SED LEO (LEO) traded up 1% against the dollar and now trades at $5.87 or 0.00009931 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 up 9.9% against the dollar and now trades at $0.0952 or 0.00000161 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin 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 74,861,200 coins. The official message board for Litecoin is litecointalk.io. Litecoin’s official website 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.

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 US dollars directly can do so using GDAX, Coinbase or Changelly.

LTC/USD price chart by TradingView