Litecoin (LTC) Price Down 5.9% Over Last 7 Days

Litecoin (LTC) traded 15.5% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on February 26th. Litecoin has a market cap of $9.57 billion and $1.57 billion worth of Litecoin was traded on exchanges in the last 24 hours. Over the last seven days, Litecoin has traded down 5.9% against the U.S. dollar. One Litecoin coin can now be purchased for about $126.64 or 0.00144845 BTC on major cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 2.7% higher against the dollar and now trades at $0.21 or 0.00000237 BTC.
• UNUS SED LEO (LEO) traded up 4.1% against the dollar and now trades at $9.24 or 0.00010569 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded up 12.7% against the dollar and now trades at $0.32 or 0.00000368 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded down 2.5% against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Profile

Litecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,558,468 coins. The official message board for Litecoin is litecointalk.io. The official website for Litecoin 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView