Litecoin Price Tops $64.78 (LTC)

Litecoin (LTC) traded up 0.4% against the U.S. dollar during the 24-hour period ending at 19:00 PM E.T. on August 15th. During the last seven days, Litecoin has traded 6.2% higher against the U.S. dollar. One Litecoin coin can currently be bought for approximately $64.78 or 0.00112238 BTC on exchanges. Litecoin has a total market capitalization of $4.85 billion and approximately $389.88 million worth of Litecoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

  • Dogecoin (DOGE) traded down 2% against the dollar and now trades at $0.10 or 0.00000174 BTC.
  • UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $5.87 or 0.00010171 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 28.5% lower against the dollar and now trades at $0.0741 or 0.00000128 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 (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 74,866,119 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 Twitter account is @litecoin and its Facebook page is accessible here. The official website for Litecoin is litecoin.org.

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 US dollars directly can do so using Gemini, Changelly or GDAX.

Receive News & Updates for Litecoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Litecoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.