Litecoin (LTC) Hits One Day Trading Volume of $717.33 Million

Litecoin (LTC) traded 2.5% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on January 9th. During the last seven days, Litecoin has traded 1.6% lower against the U.S. dollar. Litecoin has a market capitalization of $7.88 billion and $717.33 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be bought for about $104.53 or 0.00111485 BTC on cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 4.3% lower against the dollar and now trades at $0.33 or 0.00000352 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $9.03 or 0.00009627 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.
• Polymath (POLY) traded up 6.4% against the dollar and now trades at $0.0669 or 0.00000071 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded down 2.5% 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 genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,400,168 coins. 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. Litecoin’s official message board is litecointalk.io.

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 Changelly, Coinbase or GDAX.

LTC/USD price chart by TradingView