Litecoin Market Capitalization Achieves $4.55 Billion (LTC)

Litecoin (LTC) traded 3% lower against the US dollar during the 1 day period ending at 13:00 PM Eastern on September 8th. In the last seven days, Litecoin has traded down 6.2% against the US dollar. Litecoin has a market capitalization of $4.55 billion and approximately $238.69 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can now be purchased for $60.73 or 0.00112234 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 0% higher against the dollar and now trades at $0.0948 or 0.00000175 BTC.
• UNUS SED LEO (LEO) traded up 2.9% against the dollar and now trades at $5.55 or 0.00010255 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.
• Polymath (POLY) traded up 5.3% against the dollar and now trades at $0.0963 or 0.00000178 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded down 2.5% against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Coin Profile

LTC is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,952,187 coins. The official message board for Litecoin is litecointalk.io. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. The official website for Litecoin 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.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView