Litecoin Price Hits $60.24 (LTC)

Litecoin (LTC) traded down 4.9% against the dollar during the 1 day period ending at 20:00 PM ET on August 27th. During the last seven days, Litecoin has traded down 6.4% against the dollar. One Litecoin coin can now be purchased for $60.24 or 0.00101744 BTC on cryptocurrency exchanges. Litecoin has a market capitalization of $4.51 billion and approximately $288.31 million worth of Litecoin was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded 6.8% lower against the dollar and now trades at $0.0988 or 0.00000167 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.84 or 0.00009865 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 up 9.3% against the dollar and now trades at $0.10 or 0.00000174 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• DEI (DEI) traded down 2.5% against the dollar and now trades at $0.0129 or 0.00000020 BTC.

Litecoin Profile

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 74,909,881 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 message board is litecointalk.io. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. 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 acquire Litecoin using US dollars directly can do so using Coinbase, Changelly or GDAX.

LTC/USD price chart by TradingView