Litecoin Market Capitalization Achieves $5.33 Billion (LTC)

Litecoin (LTC) traded 0.5% lower against the US dollar during the 1 day period ending at 9:00 AM E.T. on January 20th. Litecoin has a market capitalization of $5.33 billion and approximately $414.22 million worth of Litecoin was traded on exchanges in the last 24 hours. In the last week, Litecoin has traded 9.3% lower against the US dollar. One Litecoin coin can currently be purchased for $69.43 or 0.00076455 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 2.2% lower against the dollar and now trades at $0.12 or 0.00000138 BTC.
• UNUS SED LEO (LEO) traded 2.6% lower against the dollar and now trades at $8.71 or 0.00009594 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• Polymath (POLY) traded 0.2% lower against the dollar and now trades at $0.0255 or 0.00000028 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0129 or 0.00000020 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 76,757,602 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official website for Litecoin 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView