Litecoin (LTC) Market Cap Hits $5.15 Billion

Litecoin (LTC) traded up 1.7% against the dollar during the 1-day period ending at 7:00 AM Eastern on July 12th. Litecoin has a total market cap of $5.15 billion and $307.61 million worth of Litecoin was traded on exchanges in the last 24 hours. Over the last seven days, Litecoin has traded 16% higher against the dollar. One Litecoin coin can currently be bought for approximately $68.90 or 0.00120658 BTC on major exchanges.

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

• Dogecoin (DOGE) traded 3.6% lower against the dollar and now trades at $0.11 or 0.00000185 BTC.
• UNUS SED LEO (LEO) traded 0.5% lower against the dollar and now trades at $5.69 or 0.00009962 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.
• Polymath (POLY) traded up 31% against the dollar and now trades at $0.10 or 0.00000182 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded down 2.5% against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Profile

Litecoin 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 74,741,294 coins. The official message board for Litecoin 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. 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.”

Litecoin Coin Trading

Investors seeking to trade Litecoin using U.S. dollars directly can do so using Changelly, Gemini or Coinbase.

LTC/USD price chart by TradingView