Litecoin Price Reaches $73.67 on Major Exchanges (LTC)

Litecoin (LTC) traded up 4% against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on October 29th. Over the last week, Litecoin has traded up 5.4% against the U.S. dollar. One Litecoin coin can now be bought for $73.67 or 0.00102005 BTC on major exchanges. Litecoin has a market capitalization of $5.54 billion and $345.25 million worth of Litecoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded up 8.6% against the dollar and now trades at $0.17 or 0.00000241 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $6.06 or 0.00008397 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 12.5% lower against the dollar and now trades at $0.0535 or 0.00000074 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

Litecoin (LTC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It launched on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,137,131 coins. 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. 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.”

Buying and Selling Litecoin

Investors seeking to trade Litecoin using US dollars directly can do so using Gemini, GDAX or Changelly.

LTC/USD price chart by TradingView