Litecoin Trading 7.7% Higher Over Last Week (LTC)

Litecoin (LTC) traded down 2.6% against the U.S. dollar during the 1-day period ending at 9:00 AM ET on May 22nd. One Litecoin coin can currently be purchased for $86.09 or 0.00123191 BTC on major exchanges. Over the last week, Litecoin has traded 7.7% higher against the U.S. dollar. Litecoin has a market cap of $6.42 billion and $536.77 million worth of Litecoin was traded on exchanges in the last day.

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

  • Dogecoin (DOGE) traded 1.9% lower against the dollar and now trades at $0.16 or 0.00000234 BTC.
  • UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.99 or 0.00008577 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 4.2% against the dollar and now trades at $0.0177 or 0.00000025 BTC.
  • Polymath (POLY) traded 3% higher against the dollar and now trades at $0.0724 or 0.00000104 BTC.
  • Lotto (LOTTO) traded down 2.1% 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.

About Litecoin

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 74,558,412 coins. 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. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible 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 U.S. dollars directly can do so using Gemini, GDAX or Changelly.

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