Litecoin Price Up 1.8% Over Last Week (LTC)

Litecoin (LTC) traded up 3.8% against the US dollar during the 24-hour period ending at 17:00 PM ET on June 29th. Over the last seven days, Litecoin has traded 1.8% higher against the US dollar. One Litecoin coin can now be purchased for approximately $75.82 or 0.00124392 BTC on exchanges. Litecoin has a total market cap of $5.66 billion and $292.09 million worth of Litecoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded down 0.9% against the dollar and now trades at $0.12 or 0.00000201 BTC.
• UNUS SED LEO (LEO) traded 1.5% higher against the dollar and now trades at $5.81 or 0.00009538 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 up 4.1% against the dollar and now trades at $0.0134 or 0.00000022 BTC.
• Polymath (POLY) traded 10.7% lower against the dollar and now trades at $0.0876 or 0.00000144 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About Litecoin

Litecoin (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 74,696,112 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin is litecointalk.io. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. The official website for Litecoin 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 GDAX, Coinbase or Changelly.

LTC/USD price chart by TradingView