Litecoin Reaches Market Cap of $5.02 Billion (LTC)

Litecoin (LTC) traded up 2.9% against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on October 14th. One Litecoin coin can now be bought for $66.82 or 0.00101446 BTC on popular exchanges. Litecoin has a total market cap of $5.02 billion and $281.97 million worth of Litecoin was traded on exchanges in the last 24 hours. Over the last week, Litecoin has traded up 1.1% against the U.S. dollar.

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

  • Dogecoin (DOGE) traded 4.2% higher against the dollar and now trades at $0.12 or 0.00000175 BTC.
  • UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $6.14 or 0.00009326 BTC.
  • NyanCoin (NYAN) traded 2.2% lower 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 28.9% lower against the dollar and now trades at $0.0454 or 0.00000069 BTC.
  • Lotto (LOTTO) traded down 2.1% 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.

About Litecoin

Litecoin (CRYPTO: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 75,082,093 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. Litecoin’s official website is litecoin.org. Litecoin’s official message board 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, Gemini or Changelly.

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