$LTC Litecoin ($LTC) is one of the oldest crypto assets known for its fast transactions and low fees. With a proof-of-work mechanism similar to Bitcoin, Litecoin is often considered the “silver” in the crypto world. LTC's main advantage is its higher transaction speed compared to BTC, making it a popular choice for digital payments. Additionally, with network improvements like MimbleWimble to increase privacy, Litecoin continues to evolve to meet user needs. Currently, LTC remains a favorite asset for investors looking for an alternative to Bitcoin with cheaper and faster transactions.