Litecoin (LTC) Trading Up 1.9% This Week

Litecoin (LTC) traded down 3.5% against the dollar during the 1 day period ending at 9:00 AM ET on July 30th. Litecoin has a total market capitalization of $5.50 billion and $332.28 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can now be purchased for approximately $73.51 or 0.00110329 BTC on major cryptocurrency exchanges. During the last seven days, Litecoin has traded up 1.9% against the dollar.

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

• Dogecoin (DOGE) traded down 3.4% against the dollar and now trades at $0.13 or 0.00000193 BTC.
• UNUS SED LEO (LEO) traded 3.3% lower against the dollar and now trades at $5.67 or 0.00008511 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 34.6% lower against the dollar and now trades at $0.0750 or 0.00000113 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0129 or 0.00000020 BTC.

About Litecoin

Litecoin (CRYPTO: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 74,806,456 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, Changelly or Coinbase.

LTC/USD price chart by TradingView