Litecoin Trading 22% Lower This Week (LTC)

Litecoin (LTC) traded down 11.1% against the dollar during the 1 day period ending at 10:00 AM ET on December 20th. One Litecoin coin can currently be purchased for about $94.75 or 0.00098891 BTC on cryptocurrency exchanges. Litecoin has a market cap of $7.14 billion and approximately $1.88 billion worth of Litecoin was traded on exchanges in the last 24 hours. Over the last seven days, Litecoin has traded 22% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded down 14.8% against the dollar and now trades at $0.30 or 0.00000313 BTC.
• UNUS SED LEO (LEO) traded 0.6% higher against the dollar and now trades at $9.22 or 0.00009621 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 29.2% lower against the dollar and now trades at $0.0613 or 0.00000064 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.

Litecoin 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 75,327,131 coins. Litecoin’s official message board is litecointalk.io. The official website for Litecoin is litecoin.org. 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.

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 trade Litecoin using U.S. dollars directly can do so using Changelly, Coinbase or Gemini.

LTC/USD price chart by TradingView