Litecoin Price Reaches $84.65 on Major Exchanges (LTC)

Litecoin (LTC) traded 0.7% lower against the dollar during the 24-hour period ending at 23:00 PM Eastern on May 25th. One Litecoin coin can now be purchased for approximately $84.65 or 0.00122718 BTC on popular exchanges. Litecoin has a total market capitalization of $6.31 billion and approximately $259.02 million worth of Litecoin was traded on exchanges in the last day. In the last week, Litecoin has traded up 0.4% against the dollar.

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

• Dogecoin (DOGE) traded up 5.8% against the dollar and now trades at $0.17 or 0.00000251 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.99 or 0.00008685 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.
• DEI (DEI) traded up 3% against the dollar and now trades at $0.0171 or 0.00000025 BTC.
• Polymath (POLY) traded 7% higher against the dollar and now trades at $0.0733 or 0.00000106 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. Its genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,571,337 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. Litecoin’s official message board is litecointalk.io. Litecoin’s official website is litecoin.org.

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.

LTC/USD price chart by TradingView