Poloniex Litecoin (in USD) Profile

15.50
USD 0.41  2.55%
Last 1 Month(s)
9.316.98   
Trading Day 
15.116.04   
Poloniex Litecoin USD is online market maker for p2p online currency indicated as Cryptocurrency. Poloniex Litecoin USD is traded in US Dollars. USD cryptocurrencies are getting more and more accepted by many online vendors as a form of payment for goods or services. Poloniex Litecoin USD has being active in the last 1 month and it is presently trading with a bearish sentiment.

Poloniex Litecoin Summary

Poloniex Litecoin USD (POLONIE-LTC) is traded on Cryptocurrency Exchange in USA. The company currently falls under 'Micro-Cap' category with current market capitalization of 33.69 M.
Litecoin is is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 32 exchanges including OKCoin, Cryptopia, Yobit, Poloniex, BTCChina and Kraken in multiple currencies such as CNY, BTC, USD, XMR and USDT.

Poloniex Litecoin USD Risk Profiles

Poloniex Litecoin Against Markets

Poloniex Litecoin correlation with market

Modest diversification
Overlapping area represents the amount of risk that can be diversified away by holding Poloniex Litecoin USD and equity matching NYA index in the same portfolio. Please note that Poloniex Litecoin USD is a digital instrument and cryptocurrency exchanges were notoriously volatile since the beginning of their establishment.

Poloniex Litecoin Diversification Suggestion

Use Poloniex Litecoin to protect against small markets fluctuations. The crypto experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Poloniex Litecoin to be traded at $14.88 in 30 days
Poloniex Litecoin USD is online digital money exchange where you can buy or sell Litecoin for US Dollar. Litecoin is peer-to-peer digital currency powered by the Blockchain technology.
NamePoloniex Litecoin USD
InstrumentUSD Crypto
Exchange TypeCryptocurrency Exchange
BenchmarkNYSE
WebsiteLitecoin
CurrencyUSD - US Dollar
DirectoryCryptocurrency Directory
Blockchain
Coin TypeLitecoin
Market MakerPoloniex
AlgorithmScrypt
Proof TypePoW
Latest Date TradedApril 27, 2017
TechnologyBlockchain
Maximum Coin Supply84 M
Mining Start Date13/10/2011
Last Block ReportedApril 25, 2017
Difficulty Adjustment2016 blocks
Block Reward Reduction50%
Current Block Number1.2 M
Average Time To Mine a Block150
Current Network Hashes per Second4002.1 B
Total Coins Mined50.8 M
Previous Total Coins Mined50.8 M
Latest Block Reward 25.0
Current Market Cap33.7 M

Poloniex Litecoin Alerts

Equity Alerts and Improvement Suggestions
Poloniex Litecoin appears to be very risky and stock price may revert if volatility continues

Opportunities

Explore Investment Opportunities
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked.
Explore Investing Ideas