Litecoin Price Hits $87.49 on Top Exchanges (LTC)

Litecoin (LTC) traded 0.5% higher against the US dollar during the 24-hour period ending at 22:00 PM Eastern on May 26th. Litecoin has a market cap of $6.39 billion and approximately $451.62 million worth of Litecoin was traded on exchanges in the last 24 hours. During the last week, Litecoin has traded down 4.4% against the US dollar. One Litecoin coin can now be purchased for approximately $87.49 or 0.00327408 BTC on exchanges.

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

• Dogecoin (DOGE) traded 1% higher against the dollar and now trades at $0.0712 or 0.00000267 BTC.
• UNUS SED LEO (LEO) traded down 1.7% against the dollar and now trades at $3.52 or 0.00013190 BTC.
• DEI (DEI) traded 0.4% higher against the dollar and now trades at $0.20 or 0.00000751 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 0.2% higher against the dollar and now trades at $0.17 or 0.00000644 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• EAC (EAC) traded up 0% against the dollar and now trades at $0.0030 or 0.00000011 BTC.

Litecoin Profile

Litecoin 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 73,009,239 coins. 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. Litecoin’s official website is litecoin.org. Litecoin’s official message board is litecointalk.io.

According to CryptoCompare, “Litecoin (LTC) is a cryptocurrency that was created in 2011 as a fork of Bitcoin. It features fast, low-cost peer-to-peer transactions, a larger maximum supply of 84 million LTC, and other technical differences. It uses an open-source blockchain that is not controlled by any central authority and can be mined through a Proof-of-Work consensus algorithm. LTC has value because it has a finite supply and regularly reduces the amount of LTC entering the system, ensuring its inflation is transparent and predictable. It is used for paying for goods and services and as a testing ground for new technologies before they are implemented on the Bitcoin network. LTC was created by former Google engineer Charlie Lee and is supported by the Litecoin Foundation.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView