Litecoin (LTC) Price Tops $98.88 on Exchanges

Litecoin (LTC) traded down 10.3% against the US dollar during the 1 day period ending at 21:00 PM ET on April 1st. Litecoin has a total market cap of $7.35 billion and $1.30 billion worth of Litecoin was traded on exchanges in the last day. In the last seven days, Litecoin has traded up 8.8% against the US dollar. One Litecoin coin can now be bought for approximately $98.88 or 0.00142237 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 5.7% lower against the dollar and now trades at $0.20 or 0.00000294 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $6.04 or 0.00008691 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.
• DEI (DEI) traded down 4.2% against the dollar and now trades at $0.0212 or 0.00000030 BTC.
• Polymath (POLY) traded down 4.1% against the dollar and now trades at $0.0860 or 0.00000124 BTC.
• Lotto (LOTTO) traded 2.1% lower 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 Coin Profile

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 74,376,344 coins. The official website for Litecoin is litecoin.org. The official message board for Litecoin is litecointalk.io. 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 trade Litecoin using US dollars directly can do so using Coinbase, GDAX or Changelly.

LTC/USD price chart by TradingView