Litecoin (LTC) Trading Up 5.2% This Week

Litecoin (LTC) traded down 1.8% against the US dollar during the 24-hour period ending at 13:00 PM Eastern on October 30th. One Litecoin coin can currently be purchased for about $72.29 or 0.00100174 BTC on major exchanges. In the last seven days, Litecoin has traded up 5.2% against the US dollar. Litecoin has a market cap of $5.43 billion and approximately $308.61 million worth of Litecoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded 6.7% lower against the dollar and now trades at $0.17 or 0.00000232 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008387 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 28.1% against the dollar and now trades at $0.0482 or 0.00000067 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

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 75,140,068 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. The official website for Litecoin 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 trade Litecoin using U.S. dollars directly can do so using GDAX, Coinbase or Changelly.

LTC/USD price chart by TradingView