Litecoin Price Hits $70.07 (LTC)

Litecoin (LTC) traded up 0.3% against the U.S. dollar during the 24-hour period ending at 20:00 PM ET on October 23rd. Litecoin has a market cap of $5.26 billion and approximately $270.25 million worth of Litecoin was traded on exchanges in the last day. Over the last seven days, Litecoin has traded 0.1% higher against the U.S. dollar. One Litecoin coin can now be purchased for $70.07 or 0.00105072 BTC on major cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 0.3% higher against the dollar and now trades at $0.14 or 0.00000210 BTC.
• UNUS SED LEO (LEO) traded 1.4% higher against the dollar and now trades at $6.08 or 0.00009112 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 4.3% lower against the dollar and now trades at $0.0649 or 0.00000097 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.

Litecoin Profile

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 75,116,337 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin is litecointalk.io. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. 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.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView