Litecoin (LTC) Trading Down 3.9% Over Last 7 Days

Litecoin (LTC) traded 0.5% lower against the U.S. dollar during the 1 day period ending at 16:00 PM ET on June 26th. One Litecoin coin can currently be bought for approximately $71.26 or 0.00117126 BTC on cryptocurrency exchanges. In the last seven days, Litecoin has traded down 3.9% against the U.S. dollar. Litecoin has a market capitalization of $5.32 billion and $277.12 million worth of Litecoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded down 3.1% against the dollar and now trades at $0.12 or 0.00000203 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.76 or 0.00009461 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 down 10.4% against the dollar and now trades at $0.11 or 0.00000180 BTC.
• DEI (DEI) traded down 0.5% against the dollar and now trades at $0.0134 or 0.00000022 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

Litecoin 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 74,685,106 coins. The official website for Litecoin is litecoin.org. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. The official message board for Litecoin is litecointalk.io. The Reddit community for Litecoin is https://reddit.com/r/litecoin and the currency’s Github account can be viewed here.

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, Changelly or Gemini.

LTC/USD price chart by TradingView