Litecoin (LTC) Trading Up 6% This Week

Litecoin (LTC) traded 2.4% higher against the dollar during the 24-hour period ending at 21:00 PM ET on April 26th. Litecoin has a market cap of $6.38 billion and $598.55 million worth of Litecoin was traded on exchanges in the last day. During the last seven days, Litecoin has traded 6% higher against the dollar. One Litecoin coin can now be bought for $85.69 or 0.00137043 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded down 3.3% against the dollar and now trades at $0.14 or 0.00000229 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $5.76 or 0.00009217 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 7.8% lower against the dollar and now trades at $0.0191 or 0.00000030 BTC.
• Polymath (POLY) traded down 16.6% against the dollar and now trades at $0.0841 or 0.00000135 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 Profile

Litecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,466,487 coins. The official message board for Litecoin is litecointalk.io. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. 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.

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 Changelly, GDAX or Gemini.

LTC/USD price chart by TradingView