Litecoin 1-Day Trading Volume Hits $634.35 Million (LTC)

Litecoin (LTC) traded 3.4% lower against the U.S. dollar during the one day period ending at 9:00 AM E.T. on April 16th. Over the last week, Litecoin has traded down 21.7% against the U.S. dollar. One Litecoin coin can now be purchased for approximately $78.27 or 0.00124056 BTC on popular cryptocurrency exchanges. Litecoin has a market capitalization of $5.83 billion and $634.35 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 4.7% lower against the dollar and now trades at $0.16 or 0.00000246 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $5.89 or 0.00009337 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0168 or 0.00000027 BTC.
• Polymath (POLY) traded 11.3% higher against the dollar and now trades at $0.11 or 0.00000172 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 Profile

Litecoin (CRYPTO:LTC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,428,394 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official website is litecoin.org. Litecoin’s official message board 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.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView