Litecoin (LTC) Trading Down 2% Over Last Week

Litecoin (LTC) traded 0.3% lower against the US dollar during the 24 hour period ending at 16:00 PM E.T. on June 16th. Litecoin has a total market cap of $5.88 billion and approximately $210.51 million worth of Litecoin was traded on exchanges in the last day. Over the last seven days, Litecoin has traded 2% lower against the US dollar. One Litecoin coin can now be purchased for about $78.83 or 0.00118449 BTC on popular cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded up 0.1% against the dollar and now trades at $0.14 or 0.00000205 BTC.
• UNUS SED LEO (LEO) traded up 1.7% against the dollar and now trades at $5.86 or 0.00008812 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 0.3% against the dollar and now trades at $0.11 or 0.00000159 BTC.
• DEI (DEI) traded down 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.

About Litecoin

Litecoin 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 74,649,725 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 Twitter account is @litecoin and its Facebook page is accessible here. The official website for Litecoin is litecoin.org. Litecoin’s official message board is litecointalk.io.

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 trade Litecoin using US dollars directly can do so using GDAX, Gemini or Coinbase.

LTC/USD price chart by TradingView