|
Litecoin LTC |
BUY
|
|
$54.5 |
-1.25% (24h) |
|
|
Marketcap |
||
|
$4,199,182,449 |
||
|
Volume 24h |
||
|
$202,160,311 |
} } }
Description
Litecoin (LTC) is one of the earliest "altcoins," launched in 2011 by Charlie Lee to serve as a lighter and faster version of Bitcoin. It utilizes a different hashing algorithm called Scrypt, which allows for quicker block generation times and lower transaction fees compared to its predecessor. While Bitcoin is often viewed as a store of value, Litecoin was specifically designed to be used for everyday micro-transactions and global payments. It remains a staple in the cryptocurrency market due to its high liquidity and long-standing reputation for network stability.