Litecoin (LTC) 1-Day Volume Reaches $267.52 Million

Litecoin (LTC) traded 0.9% lower against the U.S. dollar during the 1-day period ending at 15:00 PM E.T. on May 5th. Over the last seven days, Litecoin has traded down 4.5% against the U.S. dollar. Litecoin has a market cap of $6.06 billion and approximately $267.52 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be bought for about $81.35 or 0.00127145 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded up 1% against the dollar and now trades at $0.16 or 0.00000254 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $5.84 or 0.00009133 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 4.3% higher against the dollar and now trades at $0.0192 or 0.00000030 BTC.
• Polymath (POLY) traded 7.6% lower against the dollar and now trades at $0.0872 or 0.00000136 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• EAC (EAC) traded flat against the dollar and now trades at $0.0011 or 0.00000004 BTC.

Litecoin Profile

Litecoin (CRYPTO:LTC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,497,675 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin is litecointalk.io. Litecoin’s official website is litecoin.org. 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, Coinbase or Changelly.

LTC/USD price chart by TradingView