Litecoin 24 Hour Volume Reaches $248.86 Million (LTC)

Litecoin (LTC) traded 4.5% higher against the dollar during the twenty-four hour period ending at 9:00 AM Eastern on September 17th. In the last week, Litecoin has traded up 1.9% against the dollar. One Litecoin coin can now be bought for approximately $52.84 or 0.00068862 BTC on major cryptocurrency exchanges. Litecoin has a total market cap of $4.10 billion and approximately $248.86 million worth of Litecoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded 2.4% higher against the dollar and now trades at $0.0813 or 0.00000106 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $8.92 or 0.00011625 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 down 1.9% against the dollar and now trades at $0.0086 or 0.00000011 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 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 77,619,661 coins. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. The official message board for Litecoin is litecointalk.io. Litecoin’s official website is litecoin.org. 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView