Litecoin (LTC) Achieves Market Capitalization of $9.57 Billion

Litecoin (LTC) traded 15.5% higher against the US dollar during the one day period ending at 10:00 AM Eastern on February 26th. One Litecoin coin can currently be purchased for about $126.64 or 0.00144845 BTC on cryptocurrency exchanges. In the last seven days, Litecoin has traded 5.9% lower against the US dollar. Litecoin has a market capitalization of $9.57 billion and approximately $1.57 billion 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 2.7% higher against the dollar and now trades at $0.21 or 0.00000237 BTC.
• UNUS SED LEO (LEO) traded 4.1% higher against the dollar and now trades at $9.24 or 0.00010569 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded 12.7% higher against the dollar and now trades at $0.32 or 0.00000368 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Coin Profile

Litecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,558,468 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official website 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.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView