Litecoin Price Up 2.6% This Week (LTC)

Litecoin (LTC) traded up 1.9% against the US dollar during the one day period ending at 9:00 AM E.T. on February 17th. Over the last week, Litecoin has traded up 2.6% against the US dollar. Litecoin has a market capitalization of $4.22 billion and approximately $301.07 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can currently be purchased for about $54.96 or 0.00080709 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.10 or 0.00000147 BTC.
• UNUS SED LEO (LEO) traded up 2.5% against the dollar and now trades at $8.68 or 0.00012752 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 111.5% higher against the dollar and now trades at $0.0767 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. It launched on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 76,859,521 coins. The official message board for Litecoin is litecointalk.io. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. Litecoin’s official website 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.”

Buying and Selling Litecoin

Investors seeking to trade Litecoin using U.S. dollars directly can do so using Coinbase, Gemini or Changelly.

LTC/USD price chart by TradingView