Litecoin (LTC) Hits 24 Hour Trading Volume of $249.59 Million

Litecoin (LTC) traded 1.4% lower against the US dollar during the twenty-four hour period ending at 18:00 PM E.T. on October 20th. In the last seven days, Litecoin has traded up 14.1% against the US dollar. One Litecoin coin can currently be bought for $74.00 or 0.00107292 BTC on popular cryptocurrency exchanges. Litecoin has a total market cap of $5.56 billion and approximately $249.59 million worth of Litecoin was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.14 or 0.00000205 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $6.08 or 0.00008812 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 up 2.8% against the dollar and now trades at $0.0600 or 0.00000087 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. It was first traded on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,105,337 coins. The official message board for Litecoin is litecointalk.io. 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. 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 Coinbase, Changelly or GDAX.

LTC/USD price chart by TradingView