Litecoin (LTC) Price Tops $86.18 on Exchanges

Litecoin (LTC) traded up 1.7% against the dollar during the 24 hour period ending at 0:00 AM ET on April 23rd. In the last week, Litecoin has traded 8.7% higher against the dollar. One Litecoin coin can now be bought for approximately $86.18 or 0.00129238 BTC on exchanges. Litecoin has a total market capitalization of $6.42 billion and approximately $331.74 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 1.9% higher against the dollar and now trades at $0.16 or 0.00000243 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $5.76 or 0.00008645 BTC.
• NyanCoin (NYAN) traded down 2.2% 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.
• DEI (DEI) traded 3.3% lower against the dollar and now trades at $0.0195 or 0.00000029 BTC.
• Polymath (POLY) traded 12% lower against the dollar and now trades at $0.0992 or 0.00000149 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 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 74,456,506 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. 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 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 trade Litecoin using US dollars directly can do so using GDAX, Gemini or Coinbase.

LTC/USD price chart by TradingView