Litecoin (LTC) Market Cap Tops $7.09 Billion

Litecoin (LTC) traded 0.8% higher against the US dollar during the 1 day period ending at 13:00 PM E.T. on March 28th. One Litecoin coin can currently be purchased for about $95.31 or 0.00134724 BTC on cryptocurrency exchanges. Over the last seven days, Litecoin has traded up 10.2% against the US dollar. Litecoin has a market cap of $7.09 billion and $683.33 million worth of Litecoin was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded up 18.7% against the dollar and now trades at $0.22 or 0.00000310 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $6.07 or 0.00008575 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 3.4% lower against the dollar and now trades at $0.0201 or 0.00000029 BTC.
• Polymath (POLY) traded down 0.3% against the dollar and now trades at $0.10 or 0.00000149 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. Its launch date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,360,737 coins. 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. The official message board for Litecoin is litecointalk.io.

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 trade Litecoin using US dollars directly can do so using Changelly, GDAX or Coinbase.

LTC/USD price chart by TradingView