Litecoin (LTC) Trading 7.4% Lower Over Last Week

Litecoin (LTC) traded 8.9% higher against the U.S. dollar during the twenty-four hour period ending at 10:00 AM Eastern on December 24th. Litecoin has a total market cap of $8.23 billion and $755.72 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be purchased for $109.24 or 0.00112132 BTC on major exchanges. Over the last week, Litecoin has traded down 7.4% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded 8.2% higher against the dollar and now trades at $0.33 or 0.00000341 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $9.43 or 0.00009677 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 35.7% higher against the dollar and now trades at $0.0988 or 0.00000101 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 Profile

Litecoin 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 75,341,893 coins. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. Litecoin’s official message board is litecointalk.io. 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 Coinbase.

LTC/USD price chart by TradingView