Litecoin (LTC) Trading 11.6% Higher This Week

Litecoin (LTC) traded 0.6% lower against the U.S. dollar during the 1-day period ending at 10:00 AM ET on January 5th. In the last week, Litecoin has traded 11.6% higher against the U.S. dollar. Litecoin has a market capitalization of $8.41 billion and $409.64 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be purchased for $111.50 or 0.00114049 BTC on exchanges.

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

• Dogecoin (DOGE) traded down 2.3% against the dollar and now trades at $0.38 or 0.00000390 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $9.11 or 0.00009314 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• Polymath (POLY) traded 5.2% lower against the dollar and now trades at $0.0846 or 0.00000087 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 (CRYPTO: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 75,385,800 coins. Litecoin’s official message board is litecointalk.io. 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 website for Litecoin 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.”

Buying and Selling Litecoin

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

LTC/USD price chart by TradingView