Litecoin Market Capitalization Hits $5.74 Billion (LTC)

Litecoin (LTC) traded 1.9% lower against the U.S. dollar during the 1 day period ending at 8:00 AM E.T. on April 17th. In the last week, Litecoin has traded 18.5% lower against the U.S. dollar. Litecoin has a market cap of $5.74 billion and approximately $395.78 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be bought for approximately $77.10 or 0.00124049 BTC on cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 2.7% lower against the dollar and now trades at $0.15 or 0.00000243 BTC.
• UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $5.87 or 0.00009445 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.
• DEI (DEI) traded 0.3% lower against the dollar and now trades at $0.0167 or 0.00000027 BTC.
• Polymath (POLY) traded 20.3% lower against the dollar and now trades at $0.0862 or 0.00000137 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• EAC (EAC) traded flat against the dollar and now trades at $0.0011 or 0.00000004 BTC.

Litecoin Profile

Litecoin (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 74,431,881 coins. 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 message board is litecointalk.io. 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 acquire Litecoin using US dollars directly can do so using GDAX, Coinbase or Changelly.

LTC/USD price chart by TradingView

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