Litecoin (LTC) Market Cap Achieves $7.56 Billion

Litecoin (LTC) traded 0.7% lower against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on December 28th. One Litecoin coin can now be purchased for about $100.35 or 0.00106088 BTC on popular cryptocurrency exchanges. In the last week, Litecoin has traded down 0.7% against the US dollar. Litecoin has a market capitalization of $7.56 billion and approximately $438.24 million worth of Litecoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 2.8% higher against the dollar and now trades at $0.32 or 0.00000338 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $9.25 or 0.00009784 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 31.6% higher against the dollar and now trades at $0.0709 or 0.00000075 BTC.
• Lotto (LOTTO) traded down 2.1% 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 Profile

Litecoin (CRYPTO: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 75,357,243 coins. The official website for Litecoin 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. 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.”

Litecoin Coin Trading

Investors seeking to acquire Litecoin using US dollars directly can do so using GDAX, Changelly or Coinbase.

LTC/USD price chart by TradingView