Litecoin (LTC) 1-Day Volume Tops $275.75 Million

Litecoin (LTC) traded 2.4% lower against the dollar during the one day period ending at 0:00 AM ET on October 20th. Litecoin has a total market capitalization of $5.52 billion and approximately $275.75 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be purchased for approximately $73.53 or 0.00106919 BTC on popular cryptocurrency exchanges. During the last week, Litecoin has traded up 12.1% against the dollar.

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

• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.14 or 0.00000210 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $6.09 or 0.00008861 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.
• Polymath (POLY) traded up 7.3% against the dollar and now trades at $0.0611 or 0.00000089 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.

Litecoin Coin Profile

Litecoin (LTC) 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 75,106,262 coins. 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. The official message board for Litecoin is litecointalk.io.

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

LTC/USD price chart by TradingView