Litecoin (LTC) Trading Down 6.2% Over Last 7 Days

Litecoin (LTC) traded down 4.9% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM Eastern on April 30th. One Litecoin coin can now be purchased for approximately $79.15 or 0.00129126 BTC on popular cryptocurrency exchanges. Litecoin has a total market cap of $5.89 billion and approximately $370.05 million worth of Litecoin was traded on exchanges in the last day. In the last seven days, Litecoin has traded down 6.2% against the U.S. dollar.

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

• Dogecoin (DOGE) traded 4.2% lower against the dollar and now trades at $0.14 or 0.00000220 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $5.81 or 0.00009486 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 4.6% lower against the dollar and now trades at $0.0179 or 0.00000029 BTC.
• Polymath (POLY) traded up 3.5% against the dollar and now trades at $0.11 or 0.00000180 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.

About Litecoin

LTC is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,478,812 coins. Litecoin’s official website is litecoin.org. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin 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 U.S. dollars directly can do so using Coinbase, Gemini or GDAX.

LTC/USD price chart by TradingView