Litecoin Trading 10.6% Lower Over Last 7 Days (LTC)

Litecoin (LTC) traded 9% lower against the US dollar during the 24 hour period ending at 20:00 PM ET on July 4th. Over the last week, Litecoin has traded 10.6% lower against the US dollar. One Litecoin coin can now be bought for $65.33 or 0.00114374 BTC on major exchanges. Litecoin has a total market capitalization of $4.88 billion and approximately $449.77 million worth of Litecoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded down 11.5% against the dollar and now trades at $0.10 or 0.00000184 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.76 or 0.00010077 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.
• Polymath (POLY) traded up 7.1% against the dollar and now trades at $0.0875 or 0.00000153 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Profile

Litecoin (CRYPTO: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 74,714,519 coins. Litecoin’s official message board is litecointalk.io. 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 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.”

Buying and Selling Litecoin

Investors seeking to trade Litecoin using U.S. dollars directly can do so using Changelly, Coinbase or Gemini.

LTC/USD price chart by TradingView