Litecoin Market Capitalization Achieves $6.22 Billion (LTC)

Litecoin (LTC) traded 4.7% lower against the dollar during the twenty-four hour period ending at 14:00 PM E.T. on April 27th. One Litecoin coin can now be bought for $83.57 or 0.00132614 BTC on major exchanges. Litecoin has a market capitalization of $6.22 billion and approximately $441.89 million worth of Litecoin was traded on exchanges in the last 24 hours. Over the last week, Litecoin has traded 2.4% lower against the dollar.

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

• Dogecoin (DOGE) traded down 1.3% against the dollar and now trades at $0.15 or 0.00000234 BTC.
• UNUS SED LEO (LEO) traded 0.9% higher against the dollar and now trades at $5.82 or 0.00009238 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 3.1% against the dollar and now trades at $0.0185 or 0.00000029 BTC.
• Polymath (POLY) traded 23.5% higher against the dollar and now trades at $0.11 or 0.00000167 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

Litecoin (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 74,468,781 coins. The official message board for Litecoin is litecointalk.io. The official website for Litecoin is litecoin.org. 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.

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 U.S. dollars directly can do so using Gemini, Changelly or Coinbase.

LTC/USD price chart by TradingView