$LTC Litecoin (LTC) is a decentralized cryptocurrency created by Charlie Lee in 2011 as a faster, more scalable alternative to Bitcoin. With a 2.5-minute block time and low transaction fees, LTC is widely used for payments and remittances. It has a max supply of 84 million coins and utilizes the Scrypt mining algorithm. Litecoin has implemented MimbleWimble Extension Blocks (MWEB) for enhanced privacy and fungibility. It remains a top-20 cryptocurrency, supported by major exchanges and merchants. Recent bullish trends, network upgrades, and increased adoption suggest strong future potential, making LTC a valuable asset for both traders and long-term holders.
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