Litecoin (LTC) Trading 15.4% Higher Over Last Week

Litecoin (LTC) traded down 2.1% against the U.S. dollar during the twenty-four hour period ending at 8:00 AM E.T. on November 13th. During the last week, Litecoin has traded up 15.4% against the U.S. dollar. Litecoin has a total market cap of $7.68 billion and $1.05 billion worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be purchased for about $100.35 or 0.00097464 BTC on popular exchanges.

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

• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.18 or 0.00000171 BTC.
• UNUS SED LEO (LEO) traded 1.8% lower against the dollar and now trades at $9.07 or 0.00008807 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 1.6% lower against the dollar and now trades at $0.0924 or 0.00000090 BTC.
• Lotto (LOTTO) traded 2.1% lower 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

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 76,515,127 coins. Litecoin’s official message board 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. 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView