Litecoin Hits 24 Hour Trading Volume of $262.97 Million (LTC)

Litecoin (LTC) traded 2.9% lower against the U.S. dollar during the 1 day period ending at 20:00 PM ET on October 30th. One Litecoin coin can now be purchased for approximately $71.84 or 0.00099316 BTC on major cryptocurrency exchanges. Litecoin has a market cap of $5.40 billion and $262.97 million worth of Litecoin was traded on exchanges in the last day. During the last week, Litecoin has traded up 2.6% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded 4.4% lower against the dollar and now trades at $0.17 or 0.00000232 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $6.06 or 0.00008371 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 21.3% against the dollar and now trades at $0.0645 or 0.00000089 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 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 75,140,925 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official website 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.

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, GDAX or Changelly.

LTC/USD price chart by TradingView