Litecoin Price Hits $69.37 (LTC)

Litecoin (LTC) traded down 1.2% against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on November 2nd. One Litecoin coin can currently be bought for $69.37 or 0.00099858 BTC on major exchanges. Litecoin has a total market cap of $5.21 billion and $219.23 million worth of Litecoin was traded on exchanges in the last 24 hours. Over the last seven days, Litecoin has traded up 1.5% against the U.S. dollar.

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

• Dogecoin (DOGE) traded 0.8% higher against the dollar and now trades at $0.16 or 0.00000229 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $6.05 or 0.00008713 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 25.2% higher against the dollar and now trades at $0.0582 or 0.00000084 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

LTC is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 75,151,518 coins. 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. The official message board for Litecoin is litecointalk.io. 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.”

Buying and Selling Litecoin

Investors seeking to trade Litecoin using U.S. dollars directly can do so using Coinbase, GDAX or Gemini.

LTC/USD price chart by TradingView