Litecoin (LTC) Hits Market Cap of $6.06 Billion

Litecoin (LTC) traded up 0.4% against the U.S. dollar during the 1-day period ending at 10:00 AM E.T. on April 19th. Litecoin has a market cap of $6.06 billion and $491.08 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be purchased for $81.39 or 0.00125411 BTC on major exchanges. In the last week, Litecoin has traded down 14.5% against the U.S. dollar.

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

• Dogecoin (DOGE) traded up 4.5% against the dollar and now trades at $0.15 or 0.00000236 BTC.
• UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $5.83 or 0.00008986 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.
• DEI (DEI) traded up 11.7% against the dollar and now trades at $0.0186 or 0.00000029 BTC.
• Polymath (POLY) traded 9.6% higher against the dollar and now trades at $0.0889 or 0.00000137 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• EAC (EAC) traded flat against the dollar and now trades at $0.0011 or 0.00000004 BTC.

Litecoin Coin Profile

Litecoin (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 74,439,387 coins. 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 message board is litecointalk.io. 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 acquire Litecoin using US dollars directly can do so using Changelly, Gemini or GDAX.

LTC/USD price chart by TradingView