Litecoin (LTC) Price Reaches $83.77 on Exchanges

Litecoin (LTC) traded up 9.2% against the dollar during the 24-hour period ending at 12:00 PM ET on February 29th. One Litecoin coin can currently be purchased for about $83.77 or 0.00134946 BTC on major cryptocurrency exchanges. Over the last week, Litecoin has traded 21% higher against the dollar. Litecoin has a total market cap of $6.22 billion and approximately $1.13 billion worth of Litecoin was traded on exchanges in the last day.

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

  • Dogecoin (DOGE) traded 9.7% higher against the dollar and now trades at $0.13 or 0.00000207 BTC.
  • UNUS SED LEO (LEO) traded up 1.7% against the dollar and now trades at $4.57 or 0.00007365 BTC.
  • NyanCoin (NYAN) traded 2.2% lower 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 5.3% lower against the dollar and now trades at $0.17 or 0.00000277 BTC.
  • DEI (DEI) traded down 3.2% against the dollar and now trades at $0.0203 or 0.00000033 BTC.
  • Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.
  • EAC (EAC) traded flat against the dollar and now trades at $0.0011 or 0.00000004 BTC.

About Litecoin

Litecoin (CRYPTO: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 74,259,075 coins. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. 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. The official website for Litecoin is litecoin.org.

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 GDAX, Changelly or Coinbase.

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