Litecoin Hits 24 Hour Trading Volume of $828.34 Million (LTC)

Litecoin (LTC) traded down 3.8% against the dollar during the one day period ending at 10:00 AM ET on February 6th. In the last week, Litecoin has traded down 21.5% against the dollar. One Litecoin coin can now be bought for $103.34 or 0.00105677 BTC on popular cryptocurrency exchanges. Litecoin has a total market capitalization of $7.80 billion and approximately $828.34 million worth of Litecoin was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 3.8% lower against the dollar and now trades at $0.25 or 0.00000260 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $9.80 or 0.00010025 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded up 0.6% against the dollar and now trades at $0.22 or 0.00000229 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Lotto (LOTTO) traded down 2.1% 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.

About Litecoin

LTC is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,502,887 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. 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.

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 US dollars directly can do so using Coinbase, Gemini or GDAX.

LTC/USD price chart by TradingView