Litecoin Trading Up 14.4% Over Last 7 Days (LTC)

Litecoin (LTC) traded 1% higher against the U.S. dollar during the 24-hour period ending at 20:00 PM E.T. on August 14th. One Litecoin coin can now be purchased for about $64.07 or 0.00108910 BTC on cryptocurrency exchanges. During the last week, Litecoin has traded 14.4% higher against the U.S. dollar. Litecoin has a total market cap of $4.80 billion and $263.14 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 3.8% lower against the dollar and now trades at $0.10 or 0.00000174 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $5.86 or 0.00009956 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 15.4% against the dollar and now trades at $0.11 or 0.00000182 BTC.
• Lotto (LOTTO) traded down 2.1% 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.

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 74,862,475 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official website is litecoin.org. Litecoin’s official message board is litecointalk.io. 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 GDAX, Gemini or Changelly.

LTC/USD price chart by TradingView