Litecoin Price Tops $84.57 on Exchanges (LTC)

Litecoin (LTC) traded 0.1% lower against the US dollar during the twenty-four hour period ending at 9:00 AM ET on April 23rd. One Litecoin coin can now be purchased for $84.57 or 0.00127396 BTC on major exchanges. Litecoin has a total market capitalization of $6.30 billion and $334.90 million worth of Litecoin was traded on exchanges in the last 24 hours. During the last week, Litecoin has traded up 8.4% against the US dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.16 or 0.00000240 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $5.76 or 0.00008671 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.
• DEI (DEI) traded down 0.8% against the dollar and now trades at $0.0197 or 0.00000030 BTC.
• Polymath (POLY) traded up 8.9% against the dollar and now trades at $0.11 or 0.00000163 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.

About 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 74,454,194 coins. The official website for Litecoin is litecoin.org. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. 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 U.S. dollars directly can do so using Gemini, Changelly or Coinbase.

LTC/USD price chart by TradingView