Litecoin (LTC) Market Capitalization Hits $6.35 Billion

Litecoin (LTC) traded up 2.3% against the U.S. dollar during the one day period ending at 17:00 PM Eastern on April 28th. Litecoin has a market capitalization of $6.35 billion and approximately $295.36 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be purchased for $85.31 or 0.00134000 BTC on major exchanges. Over the last week, Litecoin has traded 0.6% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded 2% higher against the dollar and now trades at $0.15 or 0.00000236 BTC.
• UNUS SED LEO (LEO) traded 1% lower against the dollar and now trades at $5.75 or 0.00009039 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 down 0.4% against the dollar and now trades at $0.0189 or 0.00000030 BTC.
• Polymath (POLY) traded up 4.7% against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Lotto (LOTTO) traded 2.1% lower 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 Profile

LTC 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 74,473,200 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 website is litecoin.org. 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 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 Coinbase, GDAX or Gemini.

LTC/USD price chart by TradingView