Litecoin Trading Up 1.9% Over Last Week (LTC)

Litecoin (LTC) traded 0.4% higher against the dollar during the one day period ending at 9:00 AM E.T. on May 27th. Over the last seven days, Litecoin has traded up 1.9% against the dollar. One Litecoin coin can now be purchased for about $84.84 or 0.00123218 BTC on exchanges. Litecoin has a total market cap of $6.33 billion and $290.92 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

  • Dogecoin (DOGE) traded up 0.4% against the dollar and now trades at $0.17 or 0.00000246 BTC.
  • UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.95 or 0.00008637 BTC.
  • NyanCoin (NYAN) traded 2.2% lower 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.
  • DEI (DEI) traded 0.2% lower against the dollar and now trades at $0.0168 or 0.00000024 BTC.
  • Polymath (POLY) traded 15.5% higher against the dollar and now trades at $0.0822 or 0.00000119 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 Coin Profile

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 74,576,375 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.”

Buying and Selling Litecoin

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

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