Litecoin (LTC) traded up 0.98 percent with dollar in the last 24 hours time period closing 22:00 on May 9th EST. Litecoin at this moment has a total market capitalization of $8,987,466,476 and its 24hr volume is around $460,703,000. Within the interval across the past 7 days, Litecoin is 4.55 percent against the dollar with a change of 0.28 percent during the past 60 minutes.
Let’s look at how other currencies have performed since yesterday:
- Zcash (ZEC) is trading at $277.86 against the USD, a 1.93% change since this time yesterday. The Bitcoin cost of ZEC is at 0.0298246 BTC.
- Monero (XMR) is trading at $226.61 against the USD, a 2.52% change since this time yesterday. The Bitcoin cost of XMR is at 0.024323 BTC.
- NEO (NEO) is trading at $75.59 against the USD, a -0.39% change since this time yesterday. The Bitcoin cost of NEO is at 0.0081141 BTC.
Litecoin has a total supply of exactly 56,461,738 coins. It started on 13th October, 2011.
From cryptocompare: “Litecoin LTC – provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have – which are its main differentials to Bitcoin. The Litecoin network is scheduled to produce 84 million currency units with a halving in reward every four years just like bitcoin. The coin was created by a Google employee, Charles Lee. Litecoin is in second spot to Bitcoin and has spawned numerous clones – however it has a solid base of support and dedicated development team.The Litecoin project is currently maintained by a core group of 6 software developers, led by Charles Lee, with a large community that is growing in support.In May 2017, Litecoin became the first of the Top 5 (By Market Cap) cryptocurrencies to implement the SegWit scaling solution. Later in May of the same year, the first Lightning Network transaction was completed through litecoin, transferring 0.00000001 LTC from Zurich to San Francisco in under one second.”
Here’s a few handy links should you would like to get more information about Litecoin:
LTC: For Traders
Traders can purchase LTC at trading exchanges such as WavesDEX, Binance, Exmo, Yobit, TrustDEX, Jubi, BitFlip, and BTCMarkets.
It’s not always viable to buy digital coins like Litecoin right away using USD. Market players hoping to purchase LTC may perhaps need to firstly buy BTC or Ethereum using an market place which provides US dollar currency trading pairs for example, Coinbase or perhaps GDAX. Buyers will then use this BTC or Ethereum to purchase Litecoin using one of the trading exchanges outlined above.