Litecoin (LTC) Hits 24-Hour Volume of $2.62 Billion

Litecoin (CURRENCY:LTC) traded down 0.5% against the US dollar during the 1 day period ending at 17:00 PM Eastern on May 23rd. Litecoin has a market cap of $2.86 billion and $2.62 billion worth of Litecoin was traded on exchanges in the last 24 hours. During the last week, Litecoin has traded up 2% against the US dollar. One Litecoin coin can currently be bought for $44.11 or 0.00478766 BTC on major cryptocurrency exchanges.

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

• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $1.13 or 0.00012305 BTC.
• Dogecoin (DOGE) traded up 0.4% against the dollar and now trades at $0.0025 or 0.00000028 BTC.
• Advanced Internet Blocks (AIB) traded up 11.6% against the dollar and now trades at $0.0052 or 0.00000056 BTC.
• Bytom (BTM) traded 2.6% lower against the dollar and now trades at $0.0665 or 0.00000722 BTC.
• Verge (XVG) traded up 0.4% against the dollar and now trades at $0.0038 or 0.00000042 BTC.
• NEXT (NET) traded 3.2% lower against the dollar and now trades at $1.13 or 0.00012248 BTC.
• XeniosCoin (XNC) traded up 0.8% against the dollar and now trades at $0.31 or 0.00003315 BTC.
• TTC Protocol (TTC) traded down 5.3% against the dollar and now trades at $0.0992 or 0.00001073 BTC.
• Hellenic Coin (HNC) traded down 2.5% against the dollar and now trades at $0.28 or 0.00003061 BTC.
• Syscoin (SYS) traded 1.2% lower against the dollar and now trades at $0.0261 or 0.00000284 BTC.

About Litecoin

Litecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was October 8th, 2011. Litecoin’s total supply is 64,795,606 coins. The official website for Litecoin is litecoin.org. Litecoin’s official Twitter account is @LitecoinProject and its Facebook page is accessible here. Litecoin’s official message board is litecointalk.io. The Reddit community for Litecoin is /r/litecoin and the currency’s Github account can be viewed here.

According to 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. “

Litecoin Coin Trading

Litecoin can be bought or sold on the following cryptocurrency exchanges: . Investors seeking to trade Litecoin using US dollars directly can do so using Changelly, GDAX or Gemini.

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