Litecoin Price Hits $84.61 on Top Exchanges (LTC)

Litecoin (LTC) traded down 2.2% against the U.S. dollar during the 1-day period ending at 14:00 PM ET on May 23rd. Litecoin has a market capitalization of $6.31 billion and $562.84 million worth of Litecoin was traded on exchanges in the last day. During the last week, Litecoin has traded up 2.5% against the U.S. dollar. One Litecoin coin can now be purchased for about $84.61 or 0.00124621 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last day:

  • Dogecoin (DOGE) traded 3.8% lower against the dollar and now trades at $0.16 or 0.00000236 BTC.
  • UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.98 or 0.00008802 BTC.
  • NyanCoin (NYAN) traded down 2.2% 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 0% higher against the dollar and now trades at $0.0176 or 0.00000026 BTC.
  • Polymath (POLY) traded 4.6% lower against the dollar and now trades at $0.0710 or 0.00000105 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.

About Litecoin

Litecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,562,400 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 Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official message board is litecointalk.io. 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.”

Buying and Selling Litecoin

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

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