Litecoin 24 Hour Volume Hits $225.16 Million (LTC)

Litecoin (LTC) traded 0.5% higher against the U.S. dollar during the 1-day period ending at 10:00 AM Eastern on June 16th. One Litecoin coin can now be purchased for about $79.10 or 0.00118789 BTC on cryptocurrency exchanges. Over the last seven days, Litecoin has traded down 1.6% against the U.S. dollar. Litecoin has a total market cap of $5.90 billion and $225.16 million worth of Litecoin was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded down 0.1% against the dollar and now trades at $0.14 or 0.00000205 BTC.
• UNUS SED LEO (LEO) traded up 2.4% against the dollar and now trades at $5.86 or 0.00008796 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 48.6% higher against the dollar and now trades at $0.14 or 0.00000216 BTC.
• DEI (DEI) traded up 1.1% against the dollar and now trades at $0.0115 or 0.00000017 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 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 74,648,981 coins. The official website for Litecoin is litecoin.org. The official message board for Litecoin is litecointalk.io. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed 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 Gemini, Changelly or Coinbase.

LTC/USD price chart by TradingView