Litecoin (LTC) Price Reaches $62.67 on Exchanges

Litecoin (LTC) traded down 2.6% against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on September 16th. One Litecoin coin can now be bought for about $62.67 or 0.00108483 BTC on major cryptocurrency exchanges. In the last week, Litecoin has traded 3.4% higher against the U.S. dollar. Litecoin has a total market capitalization of $4.70 billion and approximately $251.08 million worth of Litecoin was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 6% lower against the dollar and now trades at $0.0995 or 0.00000172 BTC.
• UNUS SED LEO (LEO) traded 2.6% lower against the dollar and now trades at $5.74 or 0.00009927 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.
• Polymath (POLY) traded 27.7% lower against the dollar and now trades at $0.0544 or 0.00000094 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.

Litecoin Coin Profile

Litecoin (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 74,980,975 coins. 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. Litecoin’s official message board is litecointalk.io. 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 acquire Litecoin using U.S. dollars directly can do so using GDAX, Coinbase or Changelly.

LTC/USD price chart by TradingView