Litecoin (LTC) Price Reaches $80.79 on Major Exchanges

Litecoin (LTC) traded up 3.1% against the dollar during the 1-day period ending at 10:00 AM E.T. on November 14th. One Litecoin coin can currently be purchased for $80.79 or 0.00088507 BTC on major exchanges. During the last week, Litecoin has traded up 14.2% against the dollar. Litecoin has a market cap of $6.08 billion and approximately $81.18 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 7.2% lower against the dollar and now trades at $0.41 or 0.00000449 BTC.
• UNUS SED LEO (LEO) traded up 0.5% against the dollar and now trades at $7.49 or 0.00008204 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 8.6% lower against the dollar and now trades at $0.0506 or 0.00000055 BTC.
• Lotto (LOTTO) traded 2.1% lower 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 Coin Profile

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 75,195,000 coins. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. The official website for Litecoin is litecoin.org. Litecoin’s official message board is litecointalk.io. 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 US dollars directly can do so using Gemini, Changelly or GDAX.

LTC/USD price chart by TradingView