Litecoin Tops 24-Hour Trading Volume of $269.25 Million (LTC)

by · The Markets Daily

Litecoin (LTC) traded up 2.6% against the dollar during the 1-day period ending at 12:00 PM E.T. on June 29th. Litecoin has a market cap of $5.58 billion and approximately $269.25 million worth of Litecoin was traded on exchanges in the last day. During the last seven days, Litecoin has traded up 0.7% against the dollar. One Litecoin coin can currently be bought for about $74.66 or 0.00122659 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

  • Dogecoin (DOGE) traded 1.9% lower against the dollar and now trades at $0.12 or 0.00000202 BTC.
  • UNUS SED LEO (LEO) traded up 2% against the dollar and now trades at $5.85 or 0.00009615 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.
  • DEI (DEI) traded 4.9% higher against the dollar and now trades at $0.0134 or 0.00000022 BTC.
  • Polymath (POLY) traded down 12.3% against the dollar and now trades at $0.0859 or 0.00000141 BTC.
  • Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About Litecoin

Litecoin (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 74,695,469 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. Litecoin’s official website 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 GDAX, Changelly or Coinbase.

LTC/USD price chart by TradingView