Litecoin (LTC) Market Cap Hits $6.34 Billion

Litecoin (LTC) traded 0.7% higher against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on April 28th. Litecoin has a market capitalization of $6.34 billion and approximately $352.75 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can currently be bought for $85.08 or 0.00133903 BTC on popular exchanges. During the last seven days, Litecoin has traded 0.8% higher against the U.S. dollar.

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

• Dogecoin (DOGE) traded up 3.1% against the dollar and now trades at $0.15 or 0.00000236 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $5.78 or 0.00009098 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.
• DEI (DEI) traded up 1.7% against the dollar and now trades at $0.0189 or 0.00000030 BTC.
• Polymath (POLY) traded up 17.3% against the dollar and now trades at $0.10 or 0.00000158 BTC.
• Lotto (LOTTO) traded down 2.1% 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 (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 74,472,387 coins. Litecoin’s official website is litecoin.org. 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. 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.”

Buying and Selling Litecoin

Investors seeking to trade Litecoin using US dollars directly can do so using Coinbase, Changelly or Gemini.

LTC/USD price chart by TradingView