Litecoin Trading Up 15% Over Last 7 Days (LTC)

Litecoin (LTC) traded up 0% against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on November 18th. Over the last week, Litecoin has traded 15% higher against the US dollar. One Litecoin coin can currently be purchased for about $88.98 or 0.00098320 BTC on major exchanges. Litecoin has a total market cap of $6.69 billion and approximately $1.22 billion worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.36 or 0.00000402 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $7.65 or 0.00008448 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.
• Polymath (POLY) traded 9.6% lower against the dollar and now trades at $0.0503 or 0.00000056 BTC.
• Lotto (LOTTO) traded 2.1% lower 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 Coin 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 75,209,868 coins. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. The official message board for Litecoin is litecointalk.io. Litecoin’s official website is litecoin.org. 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.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView