Litecoin One Day Trading Volume Hits $301.52 Million (LTC)

Litecoin (LTC) traded 0.1% higher against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on November 1st. In the last seven days, Litecoin has traded 2.2% lower against the U.S. dollar. Litecoin has a total market capitalization of $5.30 billion and approximately $301.52 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be bought for $70.52 or 0.00098823 BTC on major exchanges.

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

• Dogecoin (DOGE) traded up 1% against the dollar and now trades at $0.17 or 0.00000236 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $6.05 or 0.00008483 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 25% lower against the dollar and now trades at $0.0446 or 0.00000063 BTC.
• Lotto (LOTTO) traded down 2.1% 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 Profile

Litecoin (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 75,146,618 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 Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official website 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView