$LTC

LTC refers to Litecoin. It is a network currency based on peer-to-peer technology and the second cryptocurrency after Bitcoin (BTC). Compared with Bitcoin, the creation and transfer of Litecoin is based on an open source encryption algorithm and is not managed by any central authority. Litecoin is an "improved version" of Bitcoin, but it has never really surpassed Bitcoin. Despite this, it is still among the top 20 cryptocurrencies by market capitalization.