Litecoin (LTC) Price Hits $61.05 on Top Exchanges

Litecoin (LTC) traded 1.3% lower against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on September 8th. Litecoin has a market cap of $4.58 billion and $247.79 million worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can currently be bought for approximately $61.05 or 0.00111225 BTC on major cryptocurrency exchanges. Over the last seven days, Litecoin has traded down 4.1% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded 1.6% higher against the dollar and now trades at $0.0966 or 0.00000176 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.40 or 0.00009844 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 0.7% higher against the dollar and now trades at $0.0943 or 0.00000172 BTC.
• Lotto (LOTTO) traded 2.1% lower 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.

Litecoin Profile

Litecoin 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 74,952,994 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 trade Litecoin using U.S. dollars directly can do so using Changelly, Gemini or Coinbase.

LTC/USD price chart by TradingView