Litecoin (LTC) Market Capitalization Achieves $3.50 Billion – Transcript Daily

   2022-06-19 11:06

Litecoin (LTC) traded up 9.4% against the U.S. dollar during the 24-hour period ending at 7:00 AM E.T. on June 19th. During the last week, Litecoin has traded 0% higher against the U.S. dollar. One Litecoin coin can currently be purchased for approximately $49.69 or 0.00252059 BTC on major cryptocurrency exchanges. Litecoin has a market cap of $3.50 billion and $1.06 billion worth of Litecoin was traded on exchanges in the last 24 hours.



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

  • Dogecoin (DOGE) traded up 6.8% against the dollar and now trades at $0.0580 or 0.00000294 BTC.
  • DEI (DEI) traded down 0.5% against the dollar and now trades at $0.68 or 0.00003457 BTC.
  • UNUS SED LEO (LEO) traded 15.1% higher against the dollar and now trades at $5.04 or 0.00025579 BTC.
  • EAC (EAC) traded up 2.4% against the dollar and now trades at $1.26 or 0.00006488 BTC.
  • SpaceMine (MINE) traded 5.8% higher against the dollar and now trades at $0.57 or 0.00002894 BTC.
  • Hellenic Coin (HNC) traded flat against the dollar and now trades at $3.68 or 0.00010892 BTC.
  • Polymath (POLY) traded 5.8% higher against the dollar and now trades at $0.18 or 0.00000904 BTC.
  • ConstitutionDAO (PEOPLE) traded up 25.9% against the dollar and now trades at $0.0254 or 0.00000129 BTC.
  • Syscoin (SYS) traded up 0.6% against the dollar and now trades at $0.13 or 0.00000646 BTC.
  • Verge (XVG) traded up 2.2% against the dollar and now trades at $0.0028 or 0.00000014 BTC.

Litecoin Coin Profile

Litecoin is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. Its genesis date was October 13th, 2011. Litecoin’s total supply is 84,000,000 coins and its circulating supply is 70,535,506 coins. Litecoin’s official message board is litecointalk.io. Litecoin’s official Twitter account is @LitecoinProject and its Facebook page is accessible here. 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.

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 U.S. dollars directly can do so using Gemini, Changelly or Coinbase.



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