Litecoin (LTC) One Day Trading Volume Reaches $583.46 Million

Litecoin (LTC) traded 2% higher against the US dollar during the twenty-four hour period ending at 14:00 PM ET on October 16th. In the last seven days, Litecoin has traded up 8.6% against the US dollar. One Litecoin coin can now be purchased for $70.41 or 0.00103570 BTC on major exchanges. Litecoin has a market capitalization of $5.29 billion and approximately $583.46 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded up 7.8% against the dollar and now trades at $0.13 or 0.00000186 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.13 or 0.00009019 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.
• Polymath (POLY) traded down 36.2% against the dollar and now trades at $0.0563 or 0.00000083 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.

About Litecoin

Litecoin (CRYPTO: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 75,089,962 coins. The official message board for Litecoin is litecointalk.io. 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. 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 US dollars directly can do so using Coinbase, Gemini or Changelly.

LTC/USD price chart by TradingView