#MarketSentimentWatch

Litecoin LTC is a peer to peer cryptocurrency created by Charlie Lee in 2011. Often referred to as the silver to Bitcoin’s gOld, it offers faster transaction times and lower fees than Bitcoin. Built on a similar open-source framework, Litecoin uses the Scrypt hashing algorithm, which is more memory-intensive than Bitcoin’s SHA-256, making it more resistant tO specialized mining hardware. With a capped supply of 84 million coins, Litecoin has become a popular alternative for everyday transactions. Its decentralized nature and active development community continue tO contribute to its stability and longevity in the cryptocurrency market.