Litecoin One Day Volume Tops $1.88 Billion (LTC)

Litecoin (LTC) traded down 11.1% against the dollar during the 1 day period ending at 10:00 AM Eastern on December 20th. One Litecoin coin can currently be purchased for approximately $94.75 or 0.00098891 BTC on exchanges. Litecoin has a market capitalization of $7.14 billion and approximately $1.88 billion worth of Litecoin was traded on exchanges in the last day. In the last week, Litecoin has traded 22% lower against the dollar.

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

• Dogecoin (DOGE) traded down 14.8% against the dollar and now trades at $0.30 or 0.00000313 BTC.
• UNUS SED LEO (LEO) traded 0.6% higher against the dollar and now trades at $9.22 or 0.00009621 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 29.2% lower against the dollar and now trades at $0.0613 or 0.00000064 BTC.
• Lotto (LOTTO) traded down 2.1% 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.

About Litecoin

Litecoin (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 75,327,131 coins. The official website for Litecoin 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. 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 trade Litecoin using US dollars directly can do so using Coinbase, Gemini or GDAX.

LTC/USD price chart by TradingView