Litecoin Price Tops $85.05 on Top Exchanges (LTC)

Litecoin (LTC) traded down 0.9% against the US dollar during the one day period ending at 18:00 PM Eastern on April 23rd. One Litecoin coin can now be purchased for approximately $85.05 or 0.00128038 BTC on popular exchanges. In the last week, Litecoin has traded up 6.4% against the US dollar. Litecoin has a market cap of $6.33 billion and $327.97 million worth of Litecoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 0.9% lower against the dollar and now trades at $0.16 or 0.00000241 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $5.76 or 0.00008670 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• DEI (DEI) traded down 2.6% against the dollar and now trades at $0.0195 or 0.00000029 BTC.
• Polymath (POLY) traded 20.3% lower against the dollar and now trades at $0.0967 or 0.00000146 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 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 74,455,575 coins. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin is litecointalk.io. The official website for Litecoin is litecoin.org.

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

LTC/USD price chart by TradingView