Litecoin Price Hits $68.39 on Major Exchanges (LTC)

by · The Markets Daily

Litecoin (LTC) traded down 1.9% against the U.S. dollar during the one day period ending at 14:00 PM Eastern on October 23rd. One Litecoin coin can currently be purchased for $68.39 or 0.00104624 BTC on major exchanges. In the last seven days, Litecoin has traded down 2.8% against the U.S. dollar. Litecoin has a total market cap of $5.14 billion and approximately $245.96 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 3.8% lower against the dollar and now trades at $0.13 or 0.00000205 BTC.
  • UNUS SED LEO (LEO) traded up 3.3% against the dollar and now trades at $6.09 or 0.00009318 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 35.5% against the dollar and now trades at $0.0736 or 0.00000113 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. Its genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,115,375 coins. The official message board for Litecoin is litecointalk.io. 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.

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, Gemini or Changelly.

LTC/USD price chart by TradingView