Litecoin Tops 1-Day Volume of $431.74 Million (LTC)

Litecoin (LTC) traded up 2.4% against the U.S. dollar during the one day period ending at 7:00 AM ET on September 19th. In the last seven days, Litecoin has traded 11.2% higher against the U.S. dollar. Litecoin has a market cap of $4.99 billion and approximately $431.74 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be bought for about $67.70 or 0.00249569 BTC on cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded up 0.1% against the dollar and now trades at $0.0626 or 0.00000231 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $3.69 or 0.00013604 BTC.
• DEI (DEI) traded 1.5% lower against the dollar and now trades at $0.0123 or 0.00000045 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 6.9% lower against the dollar and now trades at $0.11 or 0.00000416 BTC.
• Lotto (LOTTO) traded down 2.1% 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 (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 73,669,895 coins. 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. The official message board for Litecoin is litecointalk.io. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here.

According to CryptoCompare, “Litecoin (LTC) is a cryptocurrency that was created in 2011 as a fork of Bitcoin. It features fast, low-cost peer-to-peer transactions, a larger maximum supply of 84 million LTC, and other technical differences. It uses an open-source blockchain that is not controlled by any central authority and can be mined through a Proof-of-Work consensus algorithm. LTC has value because it has a finite supply and regularly reduces the amount of LTC entering the system, ensuring its inflation is transparent and predictable. It is used for paying for goods and services and as a testing ground for new technologies before they are implemented on the Bitcoin network. LTC was created by former Google engineer Charlie Lee and is supported by the Litecoin Foundation.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView