Litecoin (LTC) Trading 12% Higher Over Last Week

Litecoin (LTC) traded up 3.6% against the dollar during the 1-day period ending at 20:00 PM E.T. on September 18th. Over the last week, Litecoin has traded up 12% against the dollar. One Litecoin coin can currently be bought for about $65.89 or 0.00246106 BTC on exchanges. Litecoin has a total market capitalization of $4.85 billion and $410.72 million worth of Litecoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded up 0.8% against the dollar and now trades at $0.0620 or 0.00000232 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $3.66 or 0.00013659 BTC.
• DEI (DEI) traded 1.3% lower against the dollar and now trades at $0.0121 or 0.00000045 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.
• Polymath (POLY) traded 10.8% lower against the dollar and now trades at $0.11 or 0.00000422 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.

About Litecoin

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 73,667,970 coins. Litecoin’s official message board is litecointalk.io. 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. The official website for Litecoin is litecoin.org.

According to CryptoCompare, “Litecoin (LTC) is a cryptocurrency that was created in 2011 as a fork of Bitcoin. It features fast, low-cost peer-to-peer transactions, a larger maximum supply of 84 million LTC, and other technical differences. It uses an open-source blockchain that is not controlled by any central authority and can be mined through a Proof-of-Work consensus algorithm. LTC has value because it has a finite supply and regularly reduces the amount of LTC entering the system, ensuring its inflation is transparent and predictable. It is used for paying for goods and services and as a testing ground for new technologies before they are implemented on the Bitcoin network. LTC was created by former Google engineer Charlie Lee and is supported by the Litecoin Foundation.”

Buying and Selling Litecoin

Investors seeking to trade Litecoin using US dollars directly can do so using Coinbase, GDAX or Changelly.

LTC/USD price chart by TradingView