Litecoin (LTC) Trading Up 0.9% Over Last 7 Days

Litecoin (LTC) traded 0.6% lower against the US dollar during the 1 day period ending at 8:00 AM Eastern on May 25th. Litecoin has a market cap of $6.33 billion and approximately $343.13 million worth of Litecoin was traded on exchanges in the last 24 hours. Over the last week, Litecoin has traded 0.9% higher against the US dollar. One Litecoin coin can now be purchased for approximately $84.87 or 0.00122682 BTC on major cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 2.7% higher against the dollar and now trades at $0.17 or 0.00000241 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $5.97 or 0.00008636 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 down 0.9% against the dollar and now trades at $0.0167 or 0.00000024 BTC.
• Polymath (POLY) traded down 0.8% against the dollar and now trades at $0.0707 or 0.00000102 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.

About Litecoin

Litecoin (CRYPTO: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 74,569,200 coins. 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. The official website for Litecoin 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.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView