Litecoin Price Reaches $119.25 on Exchanges (LTC)

Litecoin (LTC) traded down 4.6% against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on March 2nd. Litecoin has a total market cap of $9.01 billion and approximately $698.53 million worth of Litecoin was traded on exchanges in the last 24 hours. One Litecoin coin can now be bought for about $119.25 or 0.00140092 BTC on major exchanges. In the last week, Litecoin has traded down 7.2% against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.20 or 0.00000238 BTC.
• UNUS SED LEO (LEO) traded up 0% against the dollar and now trades at $9.75 or 0.00011453 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded down 1.5% against the dollar and now trades at $0.32 or 0.00000372 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 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.

Litecoin Coin 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 75,558,468 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. Litecoin’s official Twitter account is @litecoin and its Facebook page is accessible here. 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.”

Litecoin Coin Trading

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

LTC/USD price chart by TradingView