Litecoin Reaches One Day Trading Volume of $8.50 Billion (LTC)

   2021-05-04 11:05

Litecoin (CURRENCY:LTC) traded 11% higher against the US dollar during the 24 hour period ending at 7:00 AM E.T. on May 4th. In the last seven days, Litecoin has traded 22.2% higher against the US dollar. Litecoin has a total market capitalization of $20.93 billion and approximately $8.50 billion worth of Litecoin was traded on exchanges in the last day. One Litecoin coin can now be purchased for about $313.56 or 0.00558119 BTC on major cryptocurrency exchanges.



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


  • Dogecoin (DOGE) traded 25.9% higher against the dollar and now trades at $0.49 or 0.00000865 BTC.
  • UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $2.51 or 0.00004460 BTC.
  • Verge (XVG) traded 10.4% lower against the dollar and now trades at $0.0503 or 0.00000089 BTC.
  • Syscoin (SYS) traded 1.7% higher against the dollar and now trades at $0.60 or 0.00001070 BTC.
  • Hellenic Coin (HNC) traded 3.1% higher against the dollar and now trades at $3.96 or 0.00007041 BTC.
  • Bytom (BTM) traded down 1.6% against the dollar and now trades at $0.19 or 0.00000342 BTC.
  • Lotto (LOTTO) traded up 10.1% against the dollar and now trades at $0.12 or 0.00000213 BTC.
  • Polymath (POLY) traded down 7.8% against the dollar and now trades at $0.38 or 0.00000684 BTC.
  • XeniosCoin (XNC) traded 2.4% lower against the dollar and now trades at $1.39 or 0.00002470 BTC.
  • Einsteinium (EMC2) traded down 4% against the dollar and now trades at $0.47 or 0.00000830 BTC.

Litecoin Coin Profile

Litecoin (CRYPTO:LTC) is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its launch date was October 13th, 2011. Litecoin’s total supply is 66,752,415 coins. The official website for Litecoin is litecoin.org. The Reddit community for Litecoin is /r/litecoin and the currency’s Github account can be viewed here. Litecoin’s official message board is litecointalk.io. Litecoin’s official Twitter account is @LitecoinProject and its Facebook page is accessible 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. Blockchain data provided by: Blockchair (Main Source), CryptoID (Backup), and WhatToMine (Block Time only) “

Litecoin Coin Trading

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

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