Litecoin (LTC) Market Capitalization Achieves $5.64 Billion

Litecoin (LTC) traded up 0.9% against the U.S. dollar during the 1 day period ending at 22:00 PM E.T. on June 30th. One Litecoin coin can now be purchased for $75.57 or 0.00119020 BTC on exchanges. In the last seven days, Litecoin has traded up 3.7% against the U.S. dollar. Litecoin has a total market cap of $5.64 billion and approximately $292.07 million worth of Litecoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded 4.7% higher against the dollar and now trades at $0.13 or 0.00000200 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $5.80 or 0.00009139 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.
• Polymath (POLY) traded up 43.1% against the dollar and now trades at $0.12 or 0.00000193 BTC.
• DEI (DEI) traded 1.8% lower against the dollar and now trades at $0.0132 or 0.00000021 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

Litecoin Coin Profile

Litecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 74,700,169 coins. 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. The official website for Litecoin is litecoin.org. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible 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 trade Litecoin using U.S. dollars directly can do so using GDAX, Changelly or Gemini.

LTC/USD price chart by TradingView