Litecoin (LTC) 24 Hour Trading Volume Tops $405.05 Million

Litecoin (LTC) traded 4.8% lower against the dollar during the 1-day period ending at 23:00 PM ET on April 30th. In the last week, Litecoin has traded 7.8% lower against the dollar. One Litecoin coin can now be bought for $79.34 or 0.00132048 BTC on popular exchanges. Litecoin has a total market cap of $5.91 billion and approximately $405.05 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded 8% lower against the dollar and now trades at $0.13 or 0.00000219 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $5.85 or 0.00009730 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.
• DEI (DEI) traded 6.2% lower against the dollar and now trades at $0.0177 or 0.00000030 BTC.
• Polymath (POLY) traded down 14.2% against the dollar and now trades at $0.0891 or 0.00000148 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 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 74,481,575 coins. 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. Litecoin’s official message board 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView