Litecoin (LTC) Price Hits $127.41 on Major Exchanges

Litecoin (LTC) traded down 4.9% against the U.S. dollar during the twenty-four hour period ending at 10:00 AM Eastern on February 22nd. Litecoin has a market capitalization of $9.63 billion and approximately $1.54 billion worth of Litecoin was traded on exchanges in the last 24 hours. In the last week, Litecoin has traded down 3.3% against the U.S. dollar. One Litecoin coin can currently be purchased for about $127.41 or 0.00131944 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 5.1% lower against the dollar and now trades at $0.24 or 0.00000253 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $9.71 or 0.00010053 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded up 0.9% against the dollar and now trades at $0.23 or 0.00000236 BTC.
• MegaCoin (MEC) traded 2.2% lower 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 (LTC) 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. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin is litecointalk.io. Litecoin’s official website is litecoin.org.

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 trade Litecoin using U.S. dollars directly can do so using GDAX, Coinbase or Gemini.

LTC/USD price chart by TradingView