Litecoin (LTC) Market Cap Achieves $5.87 Billion

Litecoin (LTC) traded down 1.1% against the U.S. dollar during the 1 day period ending at 20:00 PM Eastern on April 17th. One Litecoin coin can now be bought for approximately $78.92 or 0.00129242 BTC on popular cryptocurrency exchanges. Over the last seven days, Litecoin has traded down 18% against the U.S. dollar. Litecoin has a total market capitalization of $5.87 billion and approximately $429.87 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 6.9% lower against the dollar and now trades at $0.14 or 0.00000237 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.84 or 0.00009569 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 down 3.2% against the dollar and now trades at $0.0166 or 0.00000027 BTC.
• Polymath (POLY) traded up 7.7% against the dollar and now trades at $0.0892 or 0.00000146 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 (CRYPTO:LTC) 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 74,433,669 coins. 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. 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView